Stifel Canada Estimates Barrick Gold's Q1 Earnings (TSE:ABX)

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Analysts at Stifel Canada issued their Q1 2025 earnings estimates for Barrick Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti expects that the basic materials company will post earnings per share of $0.39 for the quarter. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Stifel Canada also issued estimates for Barrick Gold's FY2025 earnings at $2.15 EPS.

Several other research analysts also recently issued reports on the stock. Scotiabank downgraded shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. Stifel Nicolaus upped 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. National Bank Financial upgraded Barrick Gold to a "hold" rating in a research report on Friday, March 21st. UBS Group upgraded Barrick Gold from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. Finally, Canaccord Genuity Group dropped their target price on Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Barrick Gold currently has an average rating of "Moderate Buy" and an average target price of C$33.89.

Barrick Gold Price Performance

TSE:ABX traded down C$0.49 during mid-day trading on Tuesday, reaching C$26.41. The stock had a trading volume of 3,151,836 shares, compared to its average volume of 3,625,195. The stock has a 50-day simple moving average of C$26.91 and a two-hundred day simple moving average of C$25.39. The stock has a market capitalization of C$32.10 billion, a PE ratio of 19.89, a P/E/G ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. Barrick Gold has a 12 month low of C$21.73 and a 12 month high of C$29.50.

Insiders Place Their Bets

In other news, Senior Officer Poupak Bahamin sold 17,633 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$25.96, for a total value of C$457,781.77. Also, Director Dennis Mark Bristow bought 230,872 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was bought at an average price of C$25.71 per share, for a total transaction of C$5,936,042.34. Corporate 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.