FY2026 EPS Estimate for Barrick Mining Lowered by Analyst

Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) – Research analysts at Scotiabank decreased their FY2026 earnings estimates for Barrick Mining in a note issued to investors on Wednesday, February 11th. Scotiabank analyst T. Jakusconek now forecasts that the gold and copper producer will post earnings of $3.43 per share for the year, down from their prior estimate of $3.67. Scotiabank has a “Outperform” rating and a $63.00 price objective on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $1.47 per share. Scotiabank also issued estimates for Barrick Mining’s FY2027 earnings at $3.60 EPS.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last released its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. The business had revenue of $5.98 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. The firm’s quarterly revenue was up 44.6% compared to the same quarter last year.

Other analysts have also issued research reports about the company. Royal Bank Of Canada increased their price objective on Barrick Mining from $38.00 to $40.00 and gave the company an “outperform” rating in a report on Monday, October 27th. UBS Group set a $55.00 target price on Barrick Mining in a research report on Friday, February 6th. Jefferies Financial Group reissued a “buy” rating and issued a $55.00 price target on shares of Barrick Mining in a report on Sunday, December 7th. TD Cowen restated a “buy” rating on shares of Barrick Mining in a research note on Wednesday, November 26th. Finally, Cormark upgraded shares of Barrick Mining from a “hold” rating to a “moderate buy” rating in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $53.58.

Read Our Latest Report on Barrick Mining

Barrick Mining Trading Up 5.7%

NYSE:B opened at $47.99 on Monday. The firm has a 50 day moving average of $46.50 and a 200 day moving average of $36.82. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. Barrick Mining has a 52 week low of $17.00 and a 52 week high of $54.69. The stock has a market capitalization of $80.40 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 0.39 and a beta of 0.40.

Institutional Investors Weigh In On Barrick Mining

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bogart Wealth LLC increased its position in shares of Barrick Mining by 3.5% in the fourth quarter. Bogart Wealth LLC now owns 6,442 shares of the gold and copper producer’s stock valued at $281,000 after buying an additional 218 shares in the last quarter. Mmbg Investment Advisors CO. increased its stake in Barrick Mining by 0.6% during the 4th quarter. Mmbg Investment Advisors CO. now owns 43,454 shares of the gold and copper producer’s stock worth $1,892,000 after buying an additional 254 shares in the last quarter. S.A. Mason LLC raised its holdings in shares of Barrick Mining by 1.3% during the fourth quarter. S.A. Mason LLC now owns 23,114 shares of the gold and copper producer’s stock valued at $1,007,000 after acquiring an additional 300 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Barrick Mining by 1.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 31,212 shares of the gold and copper producer’s stock valued at $1,359,000 after acquiring an additional 302 shares in the last quarter. Finally, Legacy Financial Advisors Inc. boosted its stake in shares of Barrick Mining by 3.9% in the fourth quarter. Legacy Financial Advisors Inc. now owns 8,569 shares of the gold and copper producer’s stock worth $373,000 after acquiring an additional 319 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Barrick Mining Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a $0.42 dividend. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, February 27th. Barrick Mining’s dividend payout ratio is currently 23.89%.

About Barrick Mining

(Get Free Report)

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.

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Earnings History and Estimates for Barrick Mining (NYSE:B)

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