Stifel Canada Forecasts Barrick Gold's Q1 Earnings (TSE:ABX)

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Stock analysts at Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for Barrick Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti forecasts that the basic materials company will earn $0.39 per share for the quarter. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Stifel Canada also issued estimates for Barrick Gold's FY2025 earnings at $2.15 EPS.

Other equities analysts also recently issued reports about the stock. Sanford C. Bernstein increased their price target on shares of Barrick Gold from C$40.00 to C$45.00 in a research note on Friday, April 4th. Canaccord Genuity Group lowered their target price on Barrick Gold from C$33.50 to C$30.00 in a research note on Wednesday, January 15th. Scotiabank lowered Barrick Gold from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st. National Bank Financial upgraded shares of Barrick Gold to a "hold" rating in a report on Friday, March 21st. Finally, Royal Bank of Canada upped their target price on shares of Barrick Gold to C$19.00 and gave the stock a "buy" rating in a research report on Wednesday, February 12th. Five research 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 company. According to data from MarketBeat.com, Barrick Gold presently has a consensus rating of "Moderate Buy" and an average price target of C$33.89.

Barrick Gold Trading Up 1.6 %

TSE ABX traded up C$0.43 during trading on Tuesday, hitting C$26.90. The company had a trading volume of 2,495,457 shares, compared to its average volume of 3,631,187. The company's fifty day moving average is C$26.91 and its 200-day moving average is C$25.42. Barrick Gold has a one year low of C$21.73 and a one year high of C$29.50. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. The company has a market cap of C$32.69 billion, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48.

Insider Buying and Selling at Barrick Gold

In related news, Senior Officer Poupak Bahamin sold 17,633 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$25.96, for a total transaction of C$457,781.77. Also, Director Dennis Mark Bristow bought 230,872 shares of the company'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. Company insiders own 0.60% of the company's stock.

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.