Cormark Issues Positive Outlook for Barrick Gold Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Stock analysts at Cormark raised their Q2 2025 EPS estimates for shares of Barrick Gold in a report issued on Thursday, May 8th. Cormark analyst R. Gray now forecasts that the basic materials company will earn $0.71 per share for the quarter, up from their previous estimate of $0.67. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Cormark also issued estimates for Barrick Gold’s Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.80 EPS and FY2025 earnings at $2.73 EPS.

Several other research analysts have also weighed in on ABX. TD Cowen reiterated a “buy” rating and issued a C$36.00 price objective on shares of Barrick Gold in a research note on Tuesday, January 14th. BMO Capital Markets upgraded shares of Barrick Gold to a “hold” rating in a research note on Tuesday, April 15th. Stifel Canada upgraded shares of Barrick Gold to a “strong-buy” rating in a research note on Wednesday, March 19th. UBS Group upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. Finally, Stifel Nicolaus upped their price objective on shares of Barrick Gold from C$34.00 to C$37.00 and gave the company a “buy” rating in a research note on Monday, April 21st. Five analysts have rated the stock with a hold rating, five have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$33.67.

Barrick Gold Stock Down 6.0%

Shares of TSE:ABX opened at C$25.46 on Monday. The company has a market cap of C$30.94 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a quick ratio of 2.62 and a current ratio of 2.65. The firm has a 50 day simple moving average of C$26.93 and a 200 day simple moving average of C$25.26. Barrick Gold has a 52 week low of C$21.73 and a 52 week high of C$29.50.

Insider Transactions at Barrick Gold

In other Barrick Gold news, Director Dennis Mark Bristow purchased 230,872 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were bought at an average price 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 on Wednesday, February 26th. The stock was sold at an average price of C$25.96, for a total transaction of C$457,781.77. 0.60% of the stock is currently owned by company insiders.

About Barrick Gold

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.