Barrick Gold Corp (NYSE:GOLD - Free Report) TSE: ABX - Cormark issued their Q1 2025 earnings per share estimates for shares of Barrick Gold in a research note issued to investors on Wednesday, January 15th. Cormark analyst R. Gray expects that the gold and copper producer will earn $0.34 per share for the quarter. The consensus estimate for Barrick Gold's current full-year earnings is $1.27 per share. Cormark also issued estimates for Barrick Gold's Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.34 EPS and Q4 2025 earnings at $0.34 EPS.
GOLD has been the topic of a number of other reports. TD Securities lowered their price target on shares of Barrick Gold from $26.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, November 26th. UBS Group cut Barrick Gold from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $23.00 to $22.00 in a report on Wednesday, October 30th. Berenberg Bank increased their price target on Barrick Gold from $37.00 to $38.00 in a report on Tuesday, November 26th. CIBC downgraded Barrick Gold from a "sector outperform" rating to a "neutral" rating in a research report on Monday, November 25th. Finally, Scotiabank dropped their target price on Barrick Gold from $24.00 to $23.00 and set a "sector outperform" rating for the company in a report on Monday, November 25th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $24.82.
Read Our Latest Research Report on GOLD
Barrick Gold Price Performance
GOLD stock traded up $0.25 during midday trading on Friday, reaching $16.00. The stock had a trading volume of 15,270,538 shares, compared to its average volume of 16,181,943. Barrick Gold has a 52-week low of $13.76 and a 52-week high of $21.35. The company has a market cap of $27.85 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 0.28 and a beta of 0.54. The company's fifty day simple moving average is $16.57 and its 200 day simple moving average is $18.35. The company has a current ratio of 2.65, a quick ratio of 2.06 and a debt-to-equity ratio of 0.14.
Barrick Gold Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.40 annualized dividend and a yield of 2.50%. Barrick Gold's dividend payout ratio (DPR) is currently 43.01%.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Hedges Asset Management LLC lifted its holdings in shares of Barrick Gold by 22.3% in the 4th quarter. Hedges Asset Management LLC now owns 48,300 shares of the gold and copper producer's stock worth $749,000 after acquiring an additional 8,800 shares during the last quarter. Avior Wealth Management LLC raised its position in Barrick Gold by 154.3% in the fourth quarter. Avior Wealth Management LLC now owns 8,645 shares of the gold and copper producer's stock valued at $134,000 after purchasing an additional 5,246 shares during the period. Janney Montgomery Scott LLC lifted its stake in Barrick Gold by 25.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 231,375 shares of the gold and copper producer's stock worth $3,586,000 after purchasing an additional 46,478 shares in the last quarter. Systrade AG boosted its position in shares of Barrick Gold by 42.8% during the fourth quarter. Systrade AG now owns 2,000,300 shares of the gold and copper producer's stock worth $31,005,000 after buying an additional 600,000 shares during the period. Finally, Clarius Group LLC acquired a new stake in shares of Barrick Gold in the fourth quarter valued at $170,000. Hedge funds and other institutional investors own 62.85% of the company's stock.
About Barrick Gold
(
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Barrick Gold Corporation is a sector-leading gold and copper producer. Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.
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