FY2026 EPS Estimates for Barrick Mining Cut by Scotiabank

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Equities researchers at Scotiabank decreased their FY2026 earnings per share estimates for shares of Barrick Mining in a report released on Wednesday, February 11th. Scotiabank analyst T. Jakusconek now forecasts that the gold and copper producer will post earnings of $3.43 per share for the year, down from their previous forecast of $3.67. Scotiabank currently has a “Outperform” rating and a $63.00 target price on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $1.47 per share. Scotiabank also issued estimates for Barrick Mining’s FY2027 earnings at $3.60 EPS.

Several other analysts also recently commented on B. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $71.00 target price on shares of Barrick Mining in a research note on Wednesday, February 4th. UBS Group set a $55.00 price objective on Barrick Mining in a research report on Friday, February 6th. JPMorgan Chase & Co. started coverage on Barrick Mining in a report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price objective for the company. Jefferies Financial Group restated a “buy” rating and set a $55.00 target price on shares of Barrick Mining in a research note on Sunday, December 7th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Barrick Mining in a report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.58.

Barrick Mining Trading Up 5.7%

NYSE:B opened at $47.99 on Monday. The stock has a market cap of $80.40 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 0.39 and a beta of 0.40. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. The company’s 50 day moving average price is $46.50 and its 200-day moving average price is $36.82. Barrick Mining has a 52 week low of $17.00 and a 52 week high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, beating the consensus estimate of $0.85 by $0.19. The company had revenue of $5.98 billion for the quarter, compared to the consensus estimate of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. The firm’s revenue for the quarter was up 44.6% compared to the same quarter last year.

Institutional Trading of Barrick Mining

Several institutional investors and hedge funds have recently made changes to their positions in B. Bogart Wealth LLC grew its holdings in Barrick Mining by 3.5% during the 4th quarter. Bogart Wealth LLC now owns 6,442 shares of the gold and copper producer’s stock worth $281,000 after acquiring an additional 218 shares in the last quarter. Mmbg Investment Advisors CO. lifted its position in shares of Barrick Mining by 0.6% in the 4th quarter. Mmbg Investment Advisors CO. now owns 43,454 shares of the gold and copper producer’s stock worth $1,892,000 after purchasing an additional 254 shares during the period. S.A. Mason LLC lifted its position in shares of Barrick Mining by 1.3% in the 4th quarter. S.A. Mason LLC now owns 23,114 shares of the gold and copper producer’s stock worth $1,007,000 after purchasing an additional 300 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Barrick Mining by 1.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 31,212 shares of the gold and copper producer’s stock valued at $1,359,000 after purchasing an additional 302 shares in the last quarter. Finally, Legacy Financial Advisors Inc. increased its holdings in Barrick Mining by 3.9% during the fourth quarter. Legacy Financial Advisors Inc. now owns 8,569 shares of the gold and copper producer’s stock valued at $373,000 after buying an additional 319 shares during the period. 90.82% of the stock is currently owned by institutional investors.

Barrick Mining Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be issued a $0.42 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.68 annualized dividend and a dividend yield of 3.5%. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio (DPR) is currently 23.89%.

Barrick Mining Company Profile

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.