National Bank Financial Comments on Barrick Gold Q1 Earnings

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Stock analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Barrick Gold in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle expects that the basic materials company will post earnings of $0.39 per share for the quarter. 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.

Other analysts have also issued research reports about the stock. UBS Group raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Sanford C. Bernstein lifted their target price on Barrick Gold from C$40.00 to C$45.00 in a research note on Friday, April 4th. Scotiabank lowered Barrick Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Canaccord Genuity Group lowered their price objective on Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Finally, Stifel Nicolaus upped their target price on shares of Barrick Gold from C$34.00 to C$37.00 and gave the company a "buy" rating in a research report on Monday, April 21st. Five analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$33.89.

Barrick Gold Price Performance

TSE:ABX traded down C$0.37 during mid-day trading on Thursday, reaching C$26.29. 1,184,388 shares of the company were exchanged, compared to its average volume of 3,586,359. 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 stock has a market cap of C$31.95 billion, a PE ratio of 19.80, a PEG ratio of 2.34 and a beta of 0.48. Barrick Gold has a 12 month low of C$21.73 and a 12 month high of C$29.50. The company has a fifty day moving average of C$26.91 and a 200 day moving average of C$25.39.

Insider Buying and Selling at Barrick Gold

In other Barrick Gold 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 stock was sold at an average price of C$27.72, for a total value of C$27,720.55. Also, Director Dennis Mark Bristow acquired 230,872 shares of the company's stock in a transaction dated 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. 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.