Analysts Set Expectations for Barrick Gold Q1 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Research analysts at Stifel Canada issued their Q1 2025 earnings estimates for Barrick Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti anticipates that the basic materials company will earn $0.39 per share for the quarter. Stifel Canada currently 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 FY2025 earnings at $2.15 EPS.

Several other research analysts have also recently issued reports on the company. Canaccord Genuity Group decreased their price target on Barrick Gold from C$33.50 to C$30.00 in a research note on Wednesday, January 15th. Scotiabank lowered shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. UBS Group upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 5th. Sanford C. Bernstein increased their price objective on shares of Barrick Gold from C$40.00 to C$45.00 in a report on Friday, April 4th. Finally, Stifel Nicolaus boosted their target price on Barrick Gold from C$34.00 to C$37.00 and gave the stock a “buy” rating in a report on Monday. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$33.89.

Barrick Gold Stock Performance

Shares of ABX stock opened at C$26.47 on Tuesday. The business has a 50 day simple moving average of C$26.88 and a 200 day simple moving average of C$25.42. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. The firm has a market capitalization of C$32.17 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. Barrick Gold has a 12-month low of C$21.73 and a 12-month high of C$29.50.

Insider Buying and Selling at Barrick Gold

In other news, Senior Officer Henri Louis Gonin sold 1,000 shares of the business’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of C$27.72, for a total transaction of C$27,720.55. Also, Director Dennis Mark Bristow bought 230,872 shares of Barrick Gold stock in a transaction dated Tuesday, February 25th. The shares were bought at an average cost of C$25.71 per share, with a total value of C$5,936,042.34. 0.60% of the stock is owned by corporate 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.