Cormark Issues Positive Forecast for Barrick Gold Earnings

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Cormark raised their Q2 2025 earnings per share (EPS) estimates for shares of Barrick Gold in a note issued to investors on Wednesday, April 23rd. Cormark analyst R. Gray now expects that the basic materials company will post earnings per share of $0.67 for the quarter, up from their prior forecast of $0.43. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Cormark also issued estimates for Barrick Gold's Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.76 EPS and FY2025 earnings at $2.52 EPS.

A number of other research firms have also recently commented on ABX. BMO Capital Markets upgraded Barrick Gold to a "hold" rating in a report on Tuesday, April 15th. TD Cowen reaffirmed a "buy" rating and issued a C$36.00 price target on shares of Barrick Gold in a research note on Tuesday, January 14th. Stifel Canada raised Barrick Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. National Bankshares upped 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 research report on Wednesday, March 19th. Finally, Scotiabank cut shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$33.89.

Barrick Gold Price Performance

ABX traded down C$0.01 on Friday, reaching 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 debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. The stock's fifty day moving average price is C$26.90 and its 200-day moving average price is C$25.38. Barrick Gold has a twelve month low of C$21.73 and a twelve month high of C$29.50. The stock has a market cap of C$31.76 billion, a PE ratio of 19.67, a P/E/G ratio of 2.34 and a beta of 0.48.

Insider Buying and Selling at Barrick Gold

In other news, Senior Officer Poupak Bahamin sold 17,633 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$25.96, for a total transaction of C$457,781.77. Also, Director Dennis Mark Bristow purchased 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, for a total transaction of C$5,936,042.34. 0.60% of the stock is currently owned by corporate insiders.

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.