Raymond James Financial Estimates Barrick Gold Q1 Earnings

Key Points

• Raymond James Financial raised its Q1 2026 earnings estimate for Barrick Gold to $0.87 per share, marking an increase from the previous expectation of $0.77.
• Barrick Gold has a consensus rating of "Buy" among analysts, with price targets averaging C$33.14 following various ratings updates.
• The company's stock opened at C$36.25, experiencing a 2.1% increase as of the latest trading session.

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Investment analysts at Raymond James Financial raised their Q1 2026 earnings per share estimates for shares of Barrick Gold in a report issued on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.87 for the quarter, up from their previous estimate of $0.77. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share.

A number of other equities research analysts have also recently commented on the company. Cibc World Mkts raised Barrick Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 12th. Sanford C. Bernstein dropped their price objective on Barrick Gold from C$45.00 to C$43.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Three analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Barrick Gold has a consensus rating of "Moderate Buy" and a consensus target price of C$33.14.

Barrick Gold Price Performance

TSE ABX traded up C$0.44 on Monday, reaching C$36.63. 5,527,007 shares of the company's stock traded hands, compared to its average volume of 3,851,748. Barrick Gold has a 12 month low of C$21.73 and a 12 month high of C$37.07. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. The stock has a 50-day simple moving average of C$30.87 and a 200 day simple moving average of C$28.20. The stock has a market cap of C$62.49 billion, a PE ratio of 23.04, a P/E/G ratio of 2.34 and a beta of 0.58.

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.