Cormark Issues Negative Forecast for Barrick Gold Earnings

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 - Cormark cut their Q3 2025 earnings per share (EPS) estimates for Barrick Gold in a research note issued to 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 have also commented on ABX. Stifel Nicolaus boosted their target price on 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. Cibc World Mkts raised Barrick Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 12th. Finally, Sanford C. Bernstein decreased 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 report on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$33.14.

Barrick Gold Trading Up 2.0%

ABX traded up C$0.64 during trading on Thursday, hitting C$33.31. The company's stock had a trading volume of 8,862,621 shares, compared to its average volume of 3,728,003. Barrick Gold has a twelve month low of C$21.73 and a twelve month high of C$33.33. The firm has a market capitalization of C$40.49 billion, a P/E ratio of 25.08, a PEG ratio of 2.34 and a beta of 0.48. The stock's fifty day moving average price is C$29.46 and its 200-day moving average price is C$27.44. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83.

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.