Barrick Gold FY2025 EPS Lowered by National Bank Financial

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Analysts at National Bank Financial cut their FY2025 earnings estimates for Barrick Gold in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $2.35 per share for the year, down from their previous estimate of $2.69. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. National Bank Financial also issued estimates for Barrick Gold's FY2026 earnings at $3.35 EPS.

ABX has been the subject of several other research reports. UBS Group upgraded shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. National Bankshares increased their target price 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, March 19th. BMO Capital Markets upgraded shares of Barrick Gold to a "hold" rating in a report on Tuesday, April 15th. Stifel Canada upgraded shares of Barrick Gold to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, Stifel Nicolaus raised their price objective on shares of Barrick Gold from C$34.00 to C$37.00 and gave the stock a "buy" rating in a report on Monday, April 21st. Five investment analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$33.89.

Barrick Gold Stock Down 0.0 %

ABX traded down C$0.01 during trading on Friday, hitting C$26.13. 754,832 shares of the company's stock were exchanged, compared to its average volume of 3,571,697. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83. The business's 50 day moving average is C$26.90 and its two-hundred day moving average is C$25.38. Barrick Gold has a fifty-two week low of C$21.73 and a fifty-two week high of C$29.50. The stock has a market cap of C$31.76 billion, a P/E ratio of 19.67, a PEG ratio of 2.34 and a beta of 0.48.

Insiders Place Their Bets

In other news, Senior Officer Henri Louis Gonin sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total value of C$27,720.55. Also, Director Dennis Mark Bristow bought 230,872 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were bought at an average price of C$25.71 per share, with a total value of C$5,936,042.34. Company insiders own 0.60% of the company's stock.

Barrick Gold Company Profile

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.