FY2025 EPS Forecast for Barrick Gold Lifted by Analyst

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Stock analysts at National Bank Financial upped their FY2025 EPS estimates for shares of Barrick Gold in a report issued on Tuesday, July 15th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings per share of $2.67 for the year, up from their prior estimate of $2.44. National Bank Financial currently 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 $3.36 EPS.

ABX has been the topic of a number of other reports. Stifel Nicolaus increased their target price on Barrick Gold from C$34.00 to C$37.00 and gave the stock a "buy" rating in a report on Monday, April 21st. BMO Capital Markets upgraded shares of Barrick Gold to a "hold" rating in a research report on Tuesday, April 15th. Finally, Sanford C. Bernstein reduced their price target on shares of Barrick Gold from C$45.00 to C$43.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Five analysts have rated the stock with a hold rating, five have assigned 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 an average target price of C$33.13.

Barrick Gold Price Performance

Shares of Barrick Gold stock traded up C$0.01 during midday trading on Friday, hitting C$28.60. 316,062 shares of the company traded hands, compared to its average volume of 3,628,326. The stock has a market cap of C$34.76 billion, a price-to-earnings ratio of 21.53, a PEG ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a quick ratio of 2.62 and a current ratio of 2.65. The firm's fifty day moving average price is C$27.64 and its 200-day moving average price is C$26.28. Barrick Gold has a 12 month low of C$21.73 and a 12 month high of C$29.60.

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.

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