Barrick Mining (NYSE:B) Issues Earnings Results

Key Points

• Barrick reported quarterly EPS of $0.82, beating analyst estimates; net income rose to $1.32 billion from $1.30 billion a year earlier.
• Gold production increased 6% year over year to 816,000 ounces, and the company reaffirmed full-year production guidance. It also maintained its quarterly dividend at $0.175 per share.
• Revenue of $5.07 billion fell short of the $5.13 billion estimate, with higher input and currency-related costs weighing on results. Analysts’ average rating is “Moderate Buy,” with a consensus price target of $52.59.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX posted its quarterly earnings results on Monday. The gold and copper producer reported $0.82 EPS for the quarter, beating the consensus estimate of $0.74 by $0.08, Zacks reports. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%.

Barrick Mining Trading Down 0.1%

Shares of Barrick Mining stock opened at $40.51 on Monday. The firm has a 50-day simple moving average of $41.32 and a two-hundred day simple moving average of $41.98. The company has a market cap of $65.98 billion, a P/E ratio of 10.44, a price-to-earnings-growth ratio of 1.26 and a beta of 0.52. Barrick Mining has a fifty-two week low of $32.17 and a fifty-two week high of $54.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 3.01.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on B. Scotiabank cut their price objective on shares of Barrick Mining from $57.00 to $55.00 and set an "outperform" rating on the stock in a report on Wednesday, August 12th. Weiss Ratings raised Barrick Mining from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Citigroup lifted their target price on Barrick Mining from $41.00 to $45.00 and gave the company a "neutral" rating in a research note on Thursday, September 3rd. Bank of America decreased their price objective on Barrick Mining from $56.00 to $54.00 and set a "buy" rating for the company in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Barrick Mining from $52.00 to $55.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Barrick Mining currently has an average rating of "Moderate Buy" and a consensus price target of $52.59.

Key Stories Impacting Barrick Mining

Here are the key news stories impacting Barrick Mining this week:

• Positive Sentiment: Adjusted earnings were $0.82 per share, above the roughly $0.79 analyst consensus; reported profit rose to $1.32 billion from $1.30 billion a year earlier. Barrick Mining beats on Q3 profit, reaffirms 2026 output
• Positive Sentiment: Gold production reached 816,000 ounces, up 6% year over year excluding divested assets and 3% from the prior quarter. Barrick reaffirmed full-year production guidance; operational improvements at several mines supported the quarter. Barrick Reports Third Quarter 2026 Results
• Positive Sentiment: Barrick declared a quarterly dividend of $0.175 per share, payable December 15 to shareholders of record November 30. The payment maintains the existing dividend level. Barrick Declares Q3 Dividend
• Negative Sentiment: Revenue of $5.07 billion came in below the $5.13 billion analyst estimate. Higher fuel, consumables and currency-related costs also weighed, although productivity gains helped offset the pressure. Barrick Mining beats on Q3 profit, reaffirms 2026 output

About Barrick Mining

Barrick Mining Corporation, formerly known as Barrick Gold Corporation, is a global mining company focused primarily on the exploration, development and production of gold and copper. Its activities include operating mines, advancing development projects and managing mineral reserves across multiple jurisdictions.

The company’s gold operations include Nevada Gold Mines in the United States, a joint venture in which Barrick is the operator, as well as mines and projects in Canada, the Dominican Republic, Mali, Côte d’Ivoire, Tanzania and the Democratic Republic of the Congo.

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