Raymond James Predicts Barrick Gold's Q1 Earnings (TSE:ABX)

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Equities research analysts at Raymond James dropped their Q1 2025 EPS estimates for shares of Barrick Gold in a report issued on Thursday, February 6th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.41 for the quarter, down from their prior forecast of $0.42. 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 $0.51 EPS and FY2025 earnings at $1.92 EPS.

Other equities research analysts have also issued reports about the stock. UBS Group lowered shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 30th. Sanford C. Bernstein cut their target price on shares of Barrick Gold from C$37.00 to C$36.00 in a research report on Tuesday, November 5th. Royal Bank of Canada increased their price target on shares of Barrick Gold to C$19.00 and gave the company a "buy" rating in a research report on Wednesday. Canaccord Genuity Group reduced their price target on shares of Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Finally, TD Cowen reiterated a "buy" rating and set a C$36.00 price target on shares of Barrick Gold in a research report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$30.23.

Barrick Gold Price Performance

Shares of TSE:ABX traded up C$0.22 during midday trading on Monday, hitting C$26.19. The stock had a trading volume of 3,610,284 shares, compared to its average volume of 3,141,729. The company's 50-day moving average price is C$23.25 and its 200-day moving average price is C$25.23. The company has a market capitalization of C$31.83 billion, a P/E ratio of 19.72, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. 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 has a fifty-two week low of C$18.65 and a fifty-two week high of C$29.50.

Insider Activity

In other news, Director Dennis Mark Bristow bought 85,296 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average price of C$25.03 per share, with a total value of C$2,135,291.53. Also, Senior Officer Poupak Bahamin bought 5,778 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average cost of C$25.03 per share, with a total value of C$144,645.87. Insiders own 0.60% of the company's stock.

Barrick Gold Company Profile

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.