Raymond James Estimates Barrick Gold’s Q1 Earnings (TSE:ABX)

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Raymond James decreased their Q1 2025 earnings estimates for shares of Barrick Gold in a report issued on Wednesday, February 12th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.29 per share for the quarter, down from their prior estimate of $0.41. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Raymond James also issued estimates for Barrick Gold’s Q2 2025 earnings at $0.37 EPS and Q3 2025 earnings at $0.39 EPS.

A number of other analysts also recently weighed in on ABX. National Bankshares cut their price target on shares of Barrick Gold from C$26.00 to C$24.00 and set a “sector perform” rating on the stock in a research report on Thursday, January 16th. Scotiabank downgraded shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Cibc World Mkts downgraded shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Canaccord Genuity Group cut their price target on shares of Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Finally, Sanford C. Bernstein cut their price target on shares of Barrick Gold from C$37.00 to C$36.00 in a research report on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Barrick Gold currently has an average rating of “Moderate Buy” and an average target price of C$30.23.

Barrick Gold Stock Performance

Barrick Gold stock opened at C$25.43 on Friday. The company has a market cap of C$30.91 billion, a PE ratio of 19.15, a PEG ratio of 2.34 and a beta of 0.48. The company’s 50-day moving average is C$23.30 and its two-hundred day moving average is C$25.22. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. Barrick Gold has a 1 year low of C$19.25 and a 1 year high of C$29.50.

Insider Transactions at Barrick Gold

In other Barrick Gold news, Director Dennis Mark Bristow purchased 85,296 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was bought at an average cost of C$25.03 per share, with a total value of C$2,135,291.53. Also, Senior Officer Poupak Bahamin sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of C$24.49, for a total transaction of C$61,215.00. Company insiders own 0.60% of the company’s stock.

About Barrick Gold

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States.