Stifel Canada Forecasts Barrick Gold FY2025 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Equities researchers at Stifel Canada issued their FY2025 earnings estimates for Barrick Gold in a report released on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the basic materials company will post earnings per share of $1.96 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.

ABX has been the subject of a number of other research reports. Canaccord Genuity Group decreased their price target on shares of Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Royal Bank of Canada raised their price target on shares of Barrick Gold to C$19.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. TD Cowen reissued a “buy” rating and set a C$36.00 price target on shares of Barrick Gold in a research report on Tuesday, January 14th. 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. Finally, Stifel Nicolaus decreased their price target on shares of Barrick Gold from C$33.50 to C$32.00 in a research report on Monday, December 2nd. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$31.55.

Barrick Gold Stock Down 2.0 %

Shares of TSE:ABX opened at C$27.05 on Friday. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83. Barrick Gold has a 52-week low of C$21.08 and a 52-week high of C$29.50. The company has a 50 day moving average of C$25.11 and a two-hundred day moving average of C$25.38. The company has a market capitalization of C$32.88 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48.

Insider Buying and Selling at Barrick Gold

In other news, Senior Officer Poupak Bahamin sold 17,633 shares of the company’s stock in a transaction dated 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 dated 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. 0.60% of the stock is owned by insiders.

Barrick Gold Company Profile

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.