Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Equities research analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for Barrick Gold in a note issued to investors on Wednesday, February 12th. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings of $1.59 per share for the year, down from their previous forecast of $1.92. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Raymond James also issued estimates for Barrick Gold's Q4 2025 earnings at $0.54 EPS.
ABX has been the topic of a number of other reports. Sanford C. Bernstein decreased their price target on Barrick Gold from C$37.00 to C$36.00 in a report on Tuesday, November 5th. UBS Group downgraded shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 30th. TD Cowen reissued a "buy" rating and set a C$36.00 price objective on shares of Barrick Gold in a report on Tuesday, January 14th. Cibc World Mkts cut Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Monday, November 25th. Finally, Canaccord Genuity Group dropped their price target on Barrick Gold from C$33.50 to C$30.00 in a research note on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Barrick Gold presently has a consensus rating of "Moderate Buy" and an average target price of C$30.73.
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Barrick Gold Stock Performance
TSE ABX traded down C$0.05 on Monday, reaching C$26.67. 2,952,117 shares of the stock were exchanged, compared to its average volume of 3,254,194. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. Barrick Gold has a one year low of C$19.37 and a one year high of C$29.50. The firm has a market capitalization of C$32.42 billion, a PE ratio of 20.08, a PEG ratio of 2.34 and a beta of 0.48. The company's 50-day simple moving average is C$23.42 and its two-hundred day simple moving average is C$25.24.
Insiders Place Their Bets
In other news, Senior Officer Poupak Bahamin sold 2,500 shares of Barrick Gold stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of C$24.49, for a total transaction of C$61,215.00. 0.60% of the stock is owned by insiders.
About Barrick Gold
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Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States.
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