Q1 Earnings Forecast for Barrick Gold Issued By Cormark

Barrick Gold Corp (NYSE:GOLD) (TSE:ABX) – Equities research analysts at Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of Barrick Gold in a note issued to investors on Wednesday, January 15th. Cormark analyst R. Gray anticipates that the gold and copper producer will post earnings per share of $0.34 for the quarter. The consensus estimate for Barrick Gold’s current full-year earnings is $1.27 per share. Cormark also issued estimates for Barrick Gold’s Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.34 EPS and Q4 2025 earnings at $0.34 EPS.

Several other analysts have also recently commented on GOLD. CIBC cut Barrick Gold from a “sector outperform” rating to a “neutral” rating in a report on Monday, November 25th. Cibc World Mkts lowered shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Berenberg Bank lifted their target price on shares of Barrick Gold from $37.00 to $38.00 in a research note on Tuesday, November 26th. UBS Group lowered shares of Barrick Gold from a “buy” rating to a “neutral” rating and dropped their target price for the company from $23.00 to $22.00 in a report on Wednesday, October 30th. Finally, Scotiabank decreased their price target on Barrick Gold from $24.00 to $23.00 and set a “sector outperform” rating for the company in a report on Monday, November 25th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Barrick Gold has an average rating of “Moderate Buy” and an average price target of $24.82.

Barrick Gold Trading Up 1.6 %

NYSE GOLD opened at $16.00 on Friday. Barrick Gold has a 12 month low of $13.76 and a 12 month high of $21.35. The company has a current ratio of 2.65, a quick ratio of 2.06 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $27.85 billion, a PE ratio of 17.20, a price-to-earnings-growth ratio of 0.28 and a beta of 0.54. The business’s 50-day moving average price is $16.57 and its two-hundred day moving average price is $18.35.

Barrick Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.50%. Barrick Gold’s dividend payout ratio (DPR) is presently 43.01%.

Institutional Trading of Barrick Gold

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hedges Asset Management LLC boosted its holdings in Barrick Gold by 22.3% in the fourth quarter. Hedges Asset Management LLC now owns 48,300 shares of the gold and copper producer’s stock worth $749,000 after acquiring an additional 8,800 shares in the last quarter. Avior Wealth Management LLC raised its position in shares of Barrick Gold by 154.3% during the fourth quarter. Avior Wealth Management LLC now owns 8,645 shares of the gold and copper producer’s stock worth $134,000 after purchasing an additional 5,246 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Barrick Gold by 25.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 231,375 shares of the gold and copper producer’s stock worth $3,586,000 after purchasing an additional 46,478 shares during the period. Systrade AG lifted its holdings in shares of Barrick Gold by 42.8% in the 4th quarter. Systrade AG now owns 2,000,300 shares of the gold and copper producer’s stock worth $31,005,000 after purchasing an additional 600,000 shares in the last quarter. Finally, Clarius Group LLC acquired a new position in Barrick Gold during the fourth quarter worth $170,000. 62.85% of the stock is owned by institutional investors.

About Barrick Gold

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
 
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.