Stifel Canada Forecasts Barrick Gold FY2025 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Equities research analysts at Stifel Canada issued their FY2025 earnings estimates for Barrick Gold in a research report issued to clients and investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti anticipates 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.

Other equities research analysts also recently issued research reports about the stock. Scotiabank downgraded shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. TD Cowen reissued a “buy” rating and issued a C$36.00 price target on shares of Barrick Gold in a report on Tuesday, January 14th. Canaccord Genuity Group cut their price target on shares of Barrick Gold from C$33.50 to C$30.00 in a report on Wednesday, January 15th. National Bankshares upped their price target on shares of Barrick Gold from C$27.00 to C$33.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, Stifel Nicolaus cut their price target on shares of Barrick Gold from C$33.50 to C$32.00 in a report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, Barrick Gold presently has an average rating of “Buy” and a consensus price target of C$31.55.

Barrick Gold Stock Performance

ABX stock opened at C$27.05 on Friday. The company has a market capitalization of C$32.88 billion, a P/E ratio of 20.37, a PEG ratio of 2.34 and a beta of 0.48. The company has a 50-day simple moving average of C$25.11 and a 200 day simple moving average of C$25.38. Barrick Gold has a fifty-two week low of C$21.08 and a fifty-two week high of C$29.50. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83.

Insiders Place Their Bets

In other Barrick Gold news, Director Dennis Mark Bristow bought 230,872 shares of the company’s stock in a transaction dated 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. Also, 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 value of C$457,781.77. Corporate 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.