Q1 Earnings Estimate for Barrick Gold Issued By Cormark

Barrick Gold Co. (TSE:ABXFree Report) (NYSE:ABX) – Equities researchers at Cormark issued their Q1 2025 EPS estimates for Barrick Gold in a research report issued to clients and investors on Wednesday, January 15th. Cormark analyst R. Gray expects that the basic materials company will earn $0.49 per share for the quarter. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Cormark also issued estimates for Barrick Gold’s FY2025 earnings at $1.97 EPS and FY2026 earnings at $1.79 EPS.

Several other research analysts have also recently commented on ABX. Cibc World Mkts cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. Stifel Nicolaus reduced their target price on shares of Barrick Gold from C$33.50 to C$32.00 in a report on Monday, December 2nd. TD Cowen reiterated a “buy” rating and issued a C$36.00 price target on shares of Barrick Gold in a research note on Tuesday, January 14th. 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, Royal Bank of Canada increased their price target on shares of Barrick Gold to C$21.00 and gave the company a “buy” rating in a research note on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$30.38.

Check Out Our Latest Analysis on ABX

Barrick Gold Stock Performance

Shares of ABX opened at C$23.14 on Monday. Barrick Gold has a 12 month low of C$18.65 and a 12 month high of C$29.50. The firm has a fifty day simple moving average of C$23.48 and a 200 day simple moving average of C$25.21. The stock has a market capitalization of C$40.50 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 2.34 and a beta of 0.48. The company has a current ratio of 3.01, a quick ratio of 2.62 and a debt-to-equity ratio of 14.54.

Barrick Gold Cuts Dividend

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

Insider Activity

In other Barrick Gold news, Director Dennis Mark Bristow purchased 85,296 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were acquired 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 dated Friday, November 29th. The stock was sold at an average price of C$24.49, for a total transaction of C$61,215.00. Insiders own 0.60% of the company’s stock.

About Barrick Gold

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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.

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Earnings History and Estimates for Barrick Gold (TSE:ABX)

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