Barrick Gold FY2026 EPS Forecast Increased by Stifel Canada

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Stifel Canada lifted their FY2026 EPS estimates for shares of Barrick Gold in a report issued on Monday, April 21st. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will post earnings of $3.10 per share for the year, up from their previous estimate of $2.07. 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.

ABX has been the topic of a number of other research reports. 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. Royal Bank of Canada lifted their price objective on shares of Barrick Gold to C$19.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. BMO Capital Markets upgraded shares of Barrick Gold to a “hold” rating in a report on Tuesday, April 15th. National Bankshares raised their target price on shares of Barrick Gold from C$27.00 to C$33.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 19th. Finally, National Bank Financial raised shares of Barrick Gold to a “hold” rating in a research report on Friday, March 21st. Five analysts have rated the stock with a hold rating, four have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Barrick Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of C$33.89.

Barrick Gold Stock Performance

ABX opened at C$26.47 on Wednesday. The company has a market capitalization of C$32.17 billion, a price-to-earnings ratio of 19.93, a P/E/G ratio of 2.34 and a beta of 0.48. The business’s 50-day moving average price is C$26.88 and its two-hundred day moving average price is C$25.42. Barrick Gold has a 1 year low of C$21.73 and a 1 year high of C$29.50. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62.

Insider Activity at Barrick Gold

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

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.