Barrick Gold FY2025 EPS Lifted by National Bank Financial

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Barrick Gold in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the basic materials company will post earnings per share of $2.69 for the year, up from their previous estimate of $2.59. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share.

A number of other research firms have also recently commented on ABX. National Bankshares reduced their target price 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. Royal Bank of Canada boosted their price objective on shares of Barrick Gold to C$19.00 and gave the stock a “buy” rating in a report on Wednesday. UBS Group cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Canaccord Genuity Group dropped their target price on Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Finally, Cibc World Mkts downgraded Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Barrick Gold currently has a consensus rating of “Moderate Buy” and an average target price of C$30.23.

Barrick Gold Stock Up 6.3 %

TSE ABX opened at C$25.97 on Thursday. The company has a quick ratio of 2.62, a current ratio of 3.01 and a debt-to-equity ratio of 14.54. Barrick Gold has a fifty-two week low of C$18.65 and a fifty-two week high of C$29.50. The business has a 50 day moving average price of C$23.25 and a two-hundred day moving average price of C$25.23. The stock has a market cap of C$45.45 billion, a PE ratio of 21.82, a P/E/G ratio of 2.34 and a beta of 0.48.

Insider Activity at Barrick Gold

In other Barrick Gold news, Senior Officer Poupak Bahamin bought 5,778 shares of the stock in a transaction on Thursday, November 21st. The stock was purchased at an average price of C$25.03 per share, for a total transaction of C$144,645.87. Also, Director Dennis Mark Bristow bought 85,296 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of C$25.03 per share, for a total transaction of C$2,135,291.53. Corporate insiders own 0.60% of the company’s stock.

Barrick Gold Company Profile

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.