Brokers Set Expectations for Barrick Gold FY2025 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Stifel Canada issued their FY2025 earnings per share (EPS) estimates for shares of Barrick Gold in a report issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the basic materials company will post earnings per share of $1.96 for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Stifel Canada also issued estimates for Barrick Gold’s FY2026 earnings at $2.07 EPS and FY2027 earnings at $1.77 EPS.

A number of other brokerages have also commented on ABX. Scotiabank lowered Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Canaccord Genuity Group decreased their price objective on Barrick Gold from C$33.50 to C$30.00 in a report on Wednesday, January 15th. Stifel Nicolaus cut their target price on Barrick Gold from C$33.50 to C$32.00 in a research report on Monday, December 2nd. Cibc World Mkts cut Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Finally, National Bankshares boosted their price objective on Barrick Gold from C$27.00 to C$33.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$31.55.

Barrick Gold Stock Performance

TSE:ABX opened at C$27.59 on Friday. The stock’s 50-day simple moving average is C$25.02 and its 200 day simple moving average is C$25.40. The firm has a market capitalization of C$33.53 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83. Barrick Gold has a twelve month low of C$21.08 and a twelve month high of C$29.50.

Insider Buying and Selling

In other Barrick Gold news, Director Dennis Mark Bristow purchased 230,872 shares of Barrick Gold stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average cost of C$25.71 per share, for a total transaction of C$5,936,042.34. Also, Senior Officer Poupak Bahamin sold 17,633 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$25.96, for a total value of C$457,781.77. 0.60% of the stock is owned by company insiders.

Barrick Gold Company Profile

Barrick Gold Corp is one of the world’s largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.