Analysts Issue Forecasts for Barrick Mining Q2 Earnings

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Stock analysts at National Bank Financial issued their Q2 2025 earnings estimates for Barrick Mining in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle expects that the gold and copper producer will post earnings of $0.48 per share for the quarter. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $1.47 per share.

Several other brokerages also recently commented on B. Raymond James Financial lifted their target price on shares of Barrick Mining from $23.00 to $23.50 and gave the stock an “outperform” rating in a research note on Monday, March 31st. Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 5th. BMO Capital Markets started coverage on shares of Barrick Mining in a report on Wednesday, April 16th. They set a “market perform” rating on the stock. National Bankshares reissued an “outperform” rating on shares of Barrick Mining in a report on Wednesday, April 2nd. Finally, Royal Bank Of Canada set a $26.00 price target on Barrick Mining and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. Seven investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Barrick Mining currently has an average rating of “Moderate Buy” and a consensus price target of $24.41.

Barrick Mining Stock Performance

NYSE:B opened at $20.81 on Thursday. The company has a market capitalization of $35.51 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 0.34 and a beta of 0.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.87 and a quick ratio of 2.16. Barrick Mining has a 1-year low of $17.41 and a 1-year high of $47.50. The business has a 50 day moving average of $20.13 and a 200 day moving average of $18.72.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its earnings results on Wednesday, May 7th. The gold and copper producer reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $3.15 billion. Barrick Mining had a net margin of 17.46% and a return on equity of 7.51%. Barrick Mining’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.19 earnings per share.

Barrick Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, May 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.92%. Barrick Mining’s payout ratio is 30.08%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in B. Vanguard Group Inc. lifted its holdings in shares of Barrick Mining by 0.7% during the first quarter. Vanguard Group Inc. now owns 68,861,295 shares of the gold and copper producer’s stock worth $1,337,012,000 after purchasing an additional 502,762 shares during the period. Wellington Management Group LLP lifted its stake in Barrick Mining by 17.5% during the 4th quarter. Wellington Management Group LLP now owns 64,310,800 shares of the gold and copper producer’s stock valued at $996,802,000 after acquiring an additional 9,598,292 shares during the period. Capital International Investors lifted its stake in Barrick Mining by 136.1% during the 4th quarter. Capital International Investors now owns 33,293,792 shares of the gold and copper producer’s stock valued at $516,055,000 after acquiring an additional 19,189,830 shares during the period. TD Asset Management Inc boosted its holdings in Barrick Mining by 1.6% in the first quarter. TD Asset Management Inc now owns 17,950,892 shares of the gold and copper producer’s stock valued at $348,479,000 after purchasing an additional 275,015 shares during the last quarter. Finally, Mackenzie Financial Corp grew its position in Barrick Mining by 1.9% during the 1st quarter. Mackenzie Financial Corp now owns 15,614,848 shares of the gold and copper producer’s stock worth $303,161,000 after purchasing an additional 296,472 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Company Profile

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
 
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.