Analysts Set Expectations for Barrick Mining FY2026 Earnings

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Equities researchers at Scotiabank reduced their FY2026 earnings estimates for Barrick Mining in a research report issued on Monday, November 2nd. Scotiabank analyst T. Jakusconek now expects that the gold and copper producer will post earnings per share of $3.60 for the year, down from their prior estimate of $3.61. Scotiabank currently has an “Outperform” rating and a $55.00 price objective on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $3.49 per share.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its earnings results on Monday, August 10th. The gold and copper producer reported $0.82 EPS for the quarter, beating the consensus estimate of $0.81 by $0.01. Barrick Mining had a return on equity of 16.02% and a net margin of 31.60%. The business had revenue of $5.29 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same period last year, the business posted $0.47 EPS. The company’s revenue was up 43.8% compared to the same quarter last year.

B has been the subject of a number of other research reports. Barclays upped their price objective on Barrick Mining from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Freedom Broker downgraded Barrick Mining from a “buy” rating to a “hold” rating and decreased their price objective for the company from $54.00 to $46.00 in a research report on Thursday, October 22nd. Weiss Ratings upgraded shares of Barrick Mining from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Sanford C. Bernstein cut their price objective on Barrick Mining from $61.00 to $56.50 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. Finally, TD set a $59.00 target price on Barrick Mining and gave the company a “buy” rating in a research report on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $52.59.

Barrick Mining Stock Performance

B opened at $40.28 on Friday. The company’s 50 day moving average is $41.46 and its 200 day moving average is $42.03. The company has a current ratio of 3.01, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13. Barrick Mining has a 12-month low of $32.17 and a 12-month high of $54.69. The company has a market cap of $65.59 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 1.25 and a beta of 0.52.

Institutional Investors Weigh In On Barrick Mining

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ascentis Independent Advisors purchased a new stake in shares of Barrick Mining in the first quarter valued at approximately $28,000. Continuum Advisory LLC acquired a new stake in shares of Barrick Mining during the second quarter valued at about $32,000. Silver Grove Financial Group Inc. lifted its stake in Barrick Mining by 42.7% during the third quarter. Silver Grove Financial Group Inc. now owns 893 shares of the gold and copper producer’s stock worth $36,000 after purchasing an additional 267 shares in the last quarter. Root Financial Partners LLC purchased a new position in Barrick Mining during the 3rd quarter valued at about $38,000. Finally, Allied Private Wealth LLC acquired a new position in shares of Barrick Mining in the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Barrick Mining Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a $0.1750 dividend. This represents a $0.70 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, August 31st. Barrick Mining’s payout ratio is presently 18.04%.

Barrick Mining Company Profile

Barrick Mining Corporation, formerly known as Barrick Gold Corporation, is a global mining company focused primarily on the exploration, development and production of gold and copper. Its activities include operating mines, advancing development projects and managing mineral reserves across multiple jurisdictions.

The company’s gold operations include Nevada Gold Mines in the United States, a joint venture in which Barrick is the operator, as well as mines and projects in Canada, the Dominican Republic, Mali, Côte d’Ivoire, Tanzania and the Democratic Republic of the Congo.