Barrick Gold FY2026 EPS Lowered by Raymond James Financial

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Raymond James Financial decreased their FY2026 earnings per share estimates for shares of Barrick Gold in a research note issued to investors on Monday, September 22nd. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will post earnings of $3.01 per share for the year, down from their previous estimate of $3.60. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share.

A number of other research analysts have also weighed in on the company. National Bank Financial upgraded Barrick Gold from a “hold” rating to a “strong-buy” rating in a report on Friday, September 19th. Cibc World Mkts upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 12th. Cormark boosted their price target on shares of Barrick Gold from C$35.00 to C$45.00 in a research report on Thursday, September 18th. BMO Capital Markets upped their price objective on shares of Barrick Gold from C$37.00 to C$41.00 in a research note on Monday. Finally, National Bankshares raised shares of Barrick Gold from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$36.00 to C$51.00 in a research note on Monday. Four research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Barrick Gold presently has a consensus rating of “Buy” and an average price target of C$37.33.

Barrick Gold Stock Performance

Shares of TSE:ABX opened at C$46.70 on Wednesday. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. Barrick Gold has a 1 year low of C$21.73 and a 1 year high of C$49.92. The firm has a market capitalization of C$79.67 billion, a PE ratio of 29.37, a P/E/G ratio of 2.34 and a beta of 0.72. The business’s 50 day moving average price is C$35.34 and its 200-day moving average price is C$30.08.

Insider Activity

In related news, insider Grant Bill Beringer sold 38,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of C$41.13, for a total transaction of C$1,562,959.00. Following the completion of the sale, the insider directly owned 107,047 shares in the company, valued at approximately C$4,402,896.63. This trade represents a 26.20% decrease in their ownership of the stock. Also, insider Poupak Bahamin sold 8,402 shares of Barrick Gold stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of C$41.21, for a total transaction of C$346,269.11. Following the transaction, the insider directly owned 29,400 shares in the company, valued at C$1,211,653.38. This trade represents a 22.23% decrease in their ownership of the stock. Over the last three months, insiders sold 62,990 shares of company stock worth $2,580,075. Company insiders own 0.60% of the company’s stock.

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.