Cormark Weighs in on Barrick Gold's Q3 Earnings (TSE:ABX)

Key Points

• Cormark has lowered its Q3 2025 earnings per share (EPS) estimate for Barrick Gold to $0.71, down from the previous forecast of $0.73.
• The consensus full-year earnings estimate for Barrick Gold stands at $2.24 per share, with projected earnings of $2.60 for FY2025 and $2.75 for FY2026.
• Current analyst ratings suggest that Barrick Gold has a consensus rating of "Buy" and a target price of C$33.14, with varied ratings from to "strong-buy" among different analysts.

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Equities researchers at Cormark dropped their Q3 2025 earnings estimates for Barrick Gold in a research report issued to clients and investors on Tuesday, August 12th. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings of $0.71 per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Cormark also issued estimates for Barrick Gold's Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $2.60 EPS and FY2026 earnings at $2.75 EPS.

A number of other brokerages also recently weighed in on ABX. Stifel Nicolaus upped their target price on Barrick Gold from C$34.00 to C$37.00 and gave the company a "buy" rating in a report on Monday, April 21st. Sanford C. Bernstein cut their target price on Barrick Gold from C$45.00 to C$43.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Finally, Cibc World Mkts upgraded Barrick Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 12th. Four investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$33.14.

Barrick Gold Price Performance

TSE ABX traded down C$0.04 on Thursday, reaching C$33.46. The company's stock had a trading volume of 1,194,046 shares, compared to its average volume of 3,709,755. The firm's 50 day moving average is C$29.58 and its two-hundred day moving average is C$27.54. 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 stock has a market cap of C$40.67 billion, a PE ratio of 25.19, a PEG ratio of 2.34 and a beta of 0.48. Barrick Gold has a twelve month low of C$21.73 and a twelve month high of C$33.88.

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.