Cormark Has Negative Estimate for Barrick Gold Q4 Earnings

Key Points

• Cormark has reduced its Q4 2025 earnings per share estimate for Barrick Gold from $0.77 to $0.76, while maintaining full-year earnings estimates of $2.24 per share.
• BMO Capital Markets increased their price target on Barrick Gold from C$31.00 to C$37.00, indicating growing investor confidence in the company's performance.
• Currently, Barrick Gold has an average rating of "Moderate Buy" and a consensus target price of C$33.63, with varying ratings from analysts on the stock.

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Cormark cut their Q4 2025 EPS estimates for shares of Barrick Gold in a research report issued on Friday, September 12th. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings per share of $0.76 for the quarter, down from their previous estimate of $0.77. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Cormark also issued estimates for Barrick Gold's FY2026 earnings at $2.64 EPS and FY2027 earnings at $3.13 EPS.

Several other equities research analysts have also issued reports on ABX. BMO Capital Markets raised their target price on shares of Barrick Gold from C$31.00 to C$37.00 in a report on Friday, September 12th. Cibc World Mkts raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 12th. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$34.89.

Barrick Gold Trading Up 9.7%

Shares of Barrick Gold stock traded up C$4.03 during trading on Monday, hitting C$45.55. The stock had a trading volume of 14,916,634 shares, compared to its average volume of 4,045,479. The firm's fifty day simple moving average is C$34.21 and its 200-day simple moving average is C$29.64. The stock has a market cap of C$77.71 billion, a PE ratio of 28.65, a PEG ratio of 2.34 and a beta of 0.72. 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$45.74.

Insider Buying and Selling at Barrick Gold

In other Barrick Gold news, insider Joel James Holliday sold 13,588 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of C$40.38, for a total transaction of C$548,735.07. Following the transaction, the insider owned 84,087 shares of the company's stock, valued at approximately C$3,395,752.59. This trade represents a 13.91% decrease in their position. Also, insider Rousseau Jooste sold 3,000 shares of the firm's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of C$40.70, for a total transaction of C$122,112.00. Following the transaction, the insider directly owned 58,237 shares in the company, valued at C$2,370,478.85. This trade represents a 4.90% decrease in their position. Over the last quarter, insiders sold 62,990 shares of company stock worth $2,580,075. Company insiders own 0.60% of the company's stock.

About Barrick Gold

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.