Barrick Gold FY2025 EPS Lifted by National Bank Financial

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Analysts at National Bank Financial raised their FY2025 earnings per share estimates for shares of Barrick Gold in a research note issued on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the basic materials company will earn $2.69 per share for the year, up from their previous estimate of $2.59. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share.

ABX has been the topic of several other research reports. Sanford C. Bernstein dropped their price objective on shares of Barrick Gold from C$37.00 to C$36.00 in a research note on Tuesday, November 5th. Cibc World Mkts cut Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Stifel Nicolaus cut their price target on Barrick Gold from C$33.50 to C$32.00 in a research note on Monday, December 2nd. UBS Group cut Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, National Bankshares cut their target price on Barrick Gold from C$26.00 to C$24.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 16th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$30.23.

Barrick Gold Stock Performance

Shares of ABX stock opened at C$25.43 on Thursday. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. The company’s fifty day moving average price is C$23.30 and its 200-day moving average price is C$25.22. The stock has a market cap of C$30.91 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. Barrick Gold has a 12 month low of C$19.25 and a 12 month high of C$29.50.

Insiders Place Their Bets

In other news, Senior Officer Poupak Bahamin sold 2,500 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of C$24.49, for a total value of C$61,215.00. Also, Director Dennis Mark Bristow acquired 85,296 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average cost of C$25.03 per share, with a total value of C$2,135,291.53. 0.60% of the stock is owned by insiders.

Barrick Gold Company Profile

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States.