Stifel Canada Comments on Barrick Gold FY2025 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Equities research analysts at Stifel Canada issued their FY2025 EPS estimates for shares of Barrick Gold in a note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the basic materials company will earn $1.96 per share for the year. 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. Stifel Canada also issued estimates for Barrick Gold’s FY2026 earnings at $2.07 EPS and FY2027 earnings at $1.77 EPS.

A number of other analysts also recently weighed in on the stock. Canaccord Genuity Group reduced their target price on shares of Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. UBS Group raised shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 5th. Stifel Nicolaus reduced their target price on shares of Barrick Gold from C$33.50 to C$32.00 in a research report on Monday, December 2nd. Royal Bank of Canada upped their target price on shares of Barrick Gold to C$19.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Finally, TD Cowen reaffirmed a “buy” rating and issued a C$36.00 target price on shares of Barrick Gold in a research report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$31.55.

Barrick Gold Stock Down 2.0 %

Shares of TSE ABX opened at C$27.05 on Friday. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. Barrick Gold has a 12 month low of C$21.08 and a 12 month high of C$29.50. The firm has a market capitalization of C$32.88 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. The firm has a fifty day simple moving average of C$25.11 and a two-hundred day simple moving average of C$25.40.

Insider Activity at Barrick Gold

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