FY2025 EPS Estimate for Barrick Gold Lifted by Analyst

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Equities research analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of Barrick Gold in a report issued on Tuesday, July 15th. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $2.67 per share for the year, up from their previous estimate of $2.44. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. National Bank Financial also issued estimates for Barrick Gold’s FY2026 earnings at $3.36 EPS.

Several other research analysts also recently weighed in on the company. Sanford C. Bernstein cut their price target on Barrick Gold from C$45.00 to C$43.00 and set an “outperform” rating for the company in a research note on Friday, May 2nd. BMO Capital Markets upgraded Barrick Gold to a “hold” rating in a research note on Tuesday, April 15th. Finally, Stifel Nicolaus raised their target price on Barrick Gold from C$34.00 to C$37.00 and gave the stock a “buy” rating in a research note on Monday, April 21st. Five research analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$33.13.

Barrick Gold Stock Down 0.6%

ABX stock opened at C$28.43 on Friday. The company has a debt-to-equity ratio of 19.83, a quick ratio of 2.62 and a current ratio of 2.65. The company has a market capitalization of C$34.55 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.34 and a beta of 0.48. Barrick Gold has a fifty-two week low of C$21.73 and a fifty-two week high of C$29.60. The stock has a fifty day moving average of C$27.67 and a 200-day moving average of C$26.33.

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.