FY2025 EPS Estimates for Barrick Gold Reduced by Analyst

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Stock analysts at National Bank Financial decreased their FY2025 EPS estimates for shares of Barrick Gold in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now expects that the basic materials company will post earnings per share of $2.35 for the year, down from their previous forecast of $2.69. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. National Bank Financial also issued estimates for Barrick Gold's FY2026 earnings at $3.35 EPS.

ABX has been the topic of a number of other reports. UBS Group raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 5th. BMO Capital Markets upgraded Barrick Gold to a "hold" rating in a research report on Tuesday, April 15th. TD Cowen restated a "buy" rating and issued a C$36.00 target price on shares of Barrick Gold in a research report on Tuesday, January 14th. Canaccord Genuity Group cut their target price on Barrick Gold from C$33.50 to C$30.00 in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada boosted their price objective on shares of Barrick Gold to C$19.00 and gave the stock a "buy" rating in a report on Wednesday, February 12th. Five 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 stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$33.89.

Barrick Gold Price Performance

Barrick Gold stock traded up C$0.25 during midday trading on Friday, hitting C$26.66. 2,945,470 shares of the company's stock were exchanged, compared to its average volume of 3,616,803. The stock has a 50-day moving average price of C$26.91 and a two-hundred day moving average price of C$25.39. Barrick Gold has a 52-week low of C$21.73 and a 52-week high of C$29.50. The company has a market cap of C$32.40 billion, a P/E ratio of 20.07, a PEG ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a quick ratio of 2.62 and a current ratio of 2.65.

Insider Buying and Selling

In related news, Senior Officer Henri Louis Gonin sold 1,000 shares of Barrick Gold stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total value of C$27,720.55. Also, Director Dennis Mark Bristow purchased 230,872 shares of the business's stock in a transaction that occurred on 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. 0.60% of the stock is owned by insiders.

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.