Q2 EPS Estimates for Barrick Gold Raised by Raymond James

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Equities research analysts at Raymond James boosted their Q2 2025 earnings estimates for shares of Barrick Gold in a report issued on Tuesday, January 14th. Raymond James analyst B. Macarthur now anticipates that the basic materials company will earn $0.50 per share for the quarter, up from their previous estimate of $0.43. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share.

A number of other equities research analysts have also issued reports on the stock. Cibc World Mkts lowered shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. Sanford C. Bernstein cut their target price on shares of Barrick Gold from C$37.00 to C$36.00 in a research note on Tuesday, November 5th. UBS Group downgraded shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. TD Securities reiterated a “buy” rating and issued a C$34.00 price target on shares of Barrick Gold in a research note on Wednesday, October 16th. Finally, National Bankshares reduced their target price on Barrick Gold from C$26.00 to C$24.00 and set a “sector perform” rating on the stock in a report on Thursday. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$30.38.

Barrick Gold Stock Performance

TSE:ABX opened at C$23.14 on Friday. Barrick Gold has a 12-month low of C$18.65 and a 12-month high of C$29.50. The company has a current ratio of 3.01, a quick ratio of 2.62 and a debt-to-equity ratio of 14.54. The stock has a market capitalization of C$40.50 billion, a P/E ratio of 19.45, a P/E/G ratio of 2.34 and a beta of 0.48. The stock has a 50-day moving average price of C$23.53 and a 200 day moving average price of C$25.19.

Barrick Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were paid a dividend of $0.135 per share. The ex-dividend date was Friday, November 29th. This represents a $0.54 annualized dividend and a yield of 2.33%. Barrick Gold’s payout ratio is currently 45.38%.

Insider Buying and Selling at Barrick Gold

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