FY2026 EPS Estimates for Barrick Mining Boosted by Analyst

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Stock analysts at Scotiabank upped their FY2026 earnings estimates for Barrick Mining in a research report issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now forecasts that the gold and copper producer will post earnings of $3.61 per share for the year, up from their prior forecast of $3.35. Scotiabank has a “Outperform” rating and a $55.00 price target on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $3.56 per share.

Barrick Mining (NYSE:B) (TSE:ABX) last posted its quarterly 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. The company had revenue of $4.19 billion for the quarter, compared to analyst estimates of $5.10 billion. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%. The firm’s revenue was up 43.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 earnings per share.

Other analysts have also issued reports about the company. TD dropped their target price on Barrick Mining from $61.00 to $59.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. JPMorgan Chase & Co. boosted their price target on Barrick Mining from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Friday, August 14th. Royal Bank Of Canada lowered their price objective on Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Wall Street Zen cut shares of Barrick Mining from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barrick Mining in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $52.57.

Barrick Mining Stock Performance

Shares of B stock opened at $48.86 on Monday. The stock has a market cap of $80.42 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 0.92 and a beta of 0.47. The business has a 50-day simple moving average of $39.09 and a 200-day simple moving average of $41.55. The company has a quick ratio of 2.36, a current ratio of 3.01 and a debt-to-equity ratio of 0.13. Barrick Mining has a 52-week low of $26.14 and a 52-week high of $54.69.

Barrick Mining Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.175 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.4%. Barrick Mining’s dividend payout ratio is 18.04%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Intesa Sanpaolo Wealth Management purchased a new position in shares of Barrick Mining during the 4th quarter worth $26,000. Ascentis Independent Advisors purchased a new stake in Barrick Mining in the 1st quarter valued at about $28,000. JPL Wealth Management LLC purchased a new stake in Barrick Mining in the 3rd quarter valued at about $28,000. Laurel Wealth Advisors LLC purchased a new stake in Barrick Mining in the 4th quarter valued at about $30,000. Finally, Motiv8 Investments LLC acquired a new position in Barrick Mining in the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Company Profile

Barrick Gold Corporation, commonly known as Barrick, is a Toronto?headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large?scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.