Raymond James Estimates Barrick Gold’s Q2 Earnings (TSE:ABX)

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Raymond James raised their Q2 2025 earnings estimates for shares of Barrick Gold in a research report issued to clients and investors on Tuesday, January 14th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.50 per share for the quarter, up from their prior estimate of $0.43. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share.

Other equities analysts have also issued research reports about the stock. Stifel Nicolaus dropped their target price on shares of Barrick Gold from C$33.50 to C$32.00 in a report on Monday, December 2nd. UBS Group downgraded Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Cibc World Mkts downgraded Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. National Bankshares cut their price target on Barrick Gold from C$26.00 to C$24.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, TD Cowen reiterated a “buy” rating and set a C$36.00 target price on shares of Barrick Gold in a research report on Tuesday. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$30.38.

Barrick Gold Trading Down 0.2 %

TSE:ABX opened at C$22.64 on Friday. Barrick Gold has a 52 week low of C$18.65 and a 52 week high of C$29.50. The company has a debt-to-equity ratio of 14.54, a quick ratio of 2.62 and a current ratio of 3.01. The firm’s fifty day moving average is C$23.59 and its 200-day moving average is C$25.19. The firm has a market cap of C$39.62 billion, a P/E ratio of 19.03, a P/E/G ratio of 2.34 and a beta of 0.48.

Insider Activity at Barrick Gold

In related news, Director Dennis Mark Bristow acquired 85,296 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of C$25.03 per share, for a total transaction of C$2,135,291.53. Also, Senior Officer Poupak Bahamin sold 2,500 shares of Barrick Gold stock in a transaction on Friday, November 29th. The stock was sold at an average price of C$24.49, for a total transaction of C$61,215.00. 0.60% of the stock is owned by insiders.

Barrick Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a $0.135 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.39%. Barrick Gold’s dividend payout ratio is presently 45.38%.

Barrick Gold Company Profile

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States.