FY2026 EPS Estimates for Barrick Mining Lowered by Analyst

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Research analysts at Scotiabank decreased their FY2026 EPS estimates for shares of Barrick Mining in a research note issued on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the gold and copper producer will post earnings of $3.35 per share for the year, down from their prior estimate of $3.36. Scotiabank currently has a “Sector Outperform” rating and a $57.00 price target on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $3.61 per share.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.18. The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $4.75 billion. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The company’s revenue was up 66.7% compared to the same quarter last year.

Other analysts have also recently issued research reports about the company. UBS Group cut their target price on Barrick Mining from $54.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Bank of America dropped their price target on Barrick Mining from $58.00 to $56.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Royal Bank Of Canada reduced their price objective on shares of Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. ATB Cormark Capital Markets downgraded shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Citigroup reissued a “positive” rating on shares of Barrick Mining in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.85.

Barrick Mining Price Performance

Shares of Barrick Mining stock opened at $34.93 on Monday. The stock’s 50-day simple moving average is $39.63 and its 200-day simple moving average is $43.00. Barrick Mining has a 52 week low of $20.68 and a 52 week high of $54.69. The company has a market capitalization of $58.10 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 0.76 and a beta of 0.48. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13.

Institutional Trading of Barrick Mining

A number of large investors have recently added to or reduced their stakes in the company. FIL Ltd grew its holdings in shares of Barrick Mining by 85.3% in the fourth quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock valued at $1,311,169,000 after purchasing an additional 13,853,587 shares in the last quarter. Van ECK Associates Corp increased its position in Barrick Mining by 22.8% in the fourth quarter. Van ECK Associates Corp now owns 55,423,240 shares of the gold and copper producer’s stock worth $2,413,699,000 after purchasing an additional 10,287,544 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in Barrick Mining during the second quarter valued at $211,263,000. Canada Pension Plan Investment Board purchased a new stake in Barrick Mining during the second quarter valued at $172,230,000. Finally, Mackenzie Financial Corp raised its stake in Barrick Mining by 61.9% during the fourth quarter. Mackenzie Financial Corp now owns 20,591,745 shares of the gold and copper producer’s stock valued at $909,104,000 after purchasing an additional 7,870,411 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Barrick Mining Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.70 dividend on an annualized basis and a yield of 2.0%. Barrick Mining’s dividend payout ratio is presently 19.34%.

Barrick Mining Company Profile

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.