Barrick Gold FY2025 EPS Lifted by National Bank Financial

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Stock analysts at National Bank Financial upped their FY2025 EPS estimates for Barrick Gold in a research note issued on Wednesday, May 7th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings of $2.45 per share for the year, up from their prior estimate of $2.35. National Bank Financial currently 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 $3.21 EPS.

ABX has been the topic of several other reports. Stifel Nicolaus boosted their price target on Barrick Gold from C$34.00 to C$37.00 and gave the stock a “buy” rating in a report on Monday, April 21st. TD Cowen restated a “buy” rating and issued a C$36.00 price target on shares of Barrick Gold in a research report on Tuesday, January 14th. Sanford C. Bernstein reduced their price objective on shares of Barrick Gold from C$45.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Friday, May 2nd. BMO Capital Markets upgraded Barrick Gold to a “hold” rating in a research report on Tuesday, April 15th. Finally, Royal Bank of Canada increased their price target on Barrick Gold to C$19.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Barrick Gold has an average rating of “Moderate Buy” and an average target price of C$33.67.

Barrick Gold Trading Down 0.7%

Shares of ABX stock opened at C$25.28 on Monday. Barrick Gold has a twelve month low of C$21.73 and a twelve month high of C$29.50. The stock’s fifty day simple moving average is C$26.91 and its 200 day simple moving average is C$25.24. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83. The firm has a market capitalization of C$30.73 billion, a P/E ratio of 19.03, a P/E/G ratio of 2.34 and a beta of 0.48.

Insiders Place Their Bets

In other Barrick Gold news, Senior Officer Henri Louis Gonin sold 1,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$27.72, for a total value of C$27,720.55. Also, Senior Officer Poupak Bahamin sold 17,633 shares of the business’s stock in a transaction 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. 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.