Brokers Issue Forecasts for Barrick Mining Q2 Earnings

Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX - Stock analysts at National Bank Financial issued their Q2 2025 EPS estimates for Barrick Mining in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle anticipates that the gold and copper producer will earn $0.48 per share for the quarter. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Barrick Mining's current full-year earnings is $1.47 per share.

B has been the topic of several other reports. Wall Street Zen upgraded shares of Barrick Mining from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 5th. BMO Capital Markets started coverage on shares of Barrick Mining in a research note on Wednesday, April 16th. They set a "market perform" rating on the stock. National Bankshares reissued an "outperform" rating on shares of Barrick Mining in a research note on Wednesday, April 2nd. Scotiabank upped their price objective on shares of Barrick Mining from $20.00 to $22.00 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Finally, Royal Bank Of Canada set a $26.00 price objective on shares of Barrick Mining and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Barrick Mining currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.41.

Barrick Mining Price Performance

Shares of B stock traded down $0.09 during trading hours on Thursday, hitting $20.72. The company's stock had a trading volume of 7,256,866 shares, compared to its average volume of 20,553,211. The business has a fifty day moving average of $20.13 and a 200-day moving average of $18.72. The stock has a market cap of $35.35 billion, a price-to-earnings ratio of 15.58, a P/E/G ratio of 0.34 and a beta of 0.28. Barrick Mining has a twelve month low of $15.11 and a twelve month high of $21.70. The company has a current ratio of 2.87, a quick ratio of 2.16 and a debt-to-equity ratio of 0.14.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last issued its earnings results on Wednesday, May 7th. The gold and copper producer reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.06. Barrick Mining had a net margin of 17.46% and a return on equity of 7.51%. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same period in the prior year, the business posted $0.19 earnings per share. The firm's revenue for the quarter was up 13.9% compared to the same quarter last year.

Barrick Mining Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date was Friday, May 30th. Barrick Mining's dividend payout ratio is presently 30.08%.

Institutional Investors Weigh In On Barrick Mining

A number of large investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in Barrick Mining by 16.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 19,198 shares of the gold and copper producer's stock worth $298,000 after acquiring an additional 2,759 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Barrick Mining by 8.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 16,713 shares of the gold and copper producer's stock worth $259,000 after acquiring an additional 1,248 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Barrick Mining by 2.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 671,039 shares of the gold and copper producer's stock worth $10,401,000 after acquiring an additional 15,915 shares in the last quarter. Madison Investment Advisors LLC acquired a new position in Barrick Mining during the 4th quarter worth $9,757,000. Finally, Signaturefd LLC grew its holdings in Barrick Mining by 6.2% during the 4th quarter. Signaturefd LLC now owns 41,340 shares of the gold and copper producer's stock worth $641,000 after acquiring an additional 2,415 shares in the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

Barrick Mining Company Profile

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.