Stifel Canada Comments on Barrick Gold FY2025 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Stifel Canada issued their FY2025 earnings estimates for Barrick Gold in a research note issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti anticipates that the basic materials company will post earnings of $1.96 per share for the year. Stifel Canada 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 FY2026 earnings at $2.07 EPS and FY2027 earnings at $1.77 EPS.

Several other equities analysts have also recently commented on the stock. Canaccord Genuity Group reduced their price objective on shares of Barrick Gold from C$33.50 to C$30.00 in a research note on Wednesday, January 15th. Royal Bank of Canada boosted their price target on shares of Barrick Gold to C$19.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Scotiabank cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. UBS Group raised shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. Finally, TD Cowen reissued a “buy” rating and issued a C$36.00 price target on shares of Barrick Gold in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$31.55.

Barrick Gold Price Performance

Shares of TSE:ABX opened at C$27.05 on Friday. The company has a 50 day moving average of C$25.11 and a 200 day moving average of C$25.40. The stock has a market cap of C$32.88 billion, a P/E ratio of 20.37, a P/E/G ratio of 2.34 and a beta of 0.48. Barrick Gold has a 12 month low of C$21.08 and a 12 month high of C$29.50. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83.

Insider Transactions at Barrick Gold

In related news, Senior Officer Poupak Bahamin sold 17,633 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of C$25.96, for a total transaction of C$457,781.77. Also, Director Dennis Mark Bristow purchased 230,872 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were purchased at an average price of C$25.71 per share, with a total value of C$5,936,042.34. Company insiders own 0.60% of the company’s stock.

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.