Barrick Gold Co. (TSE:ABX – Free Report) (NYSE:ABX) – Research analysts at Raymond James dropped their Q1 2025 EPS estimates for Barrick Gold in a report issued on Wednesday, February 12th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings of $0.29 per share for the quarter, down from their previous estimate of $0.41. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Raymond James also issued estimates for Barrick Gold’s Q2 2025 earnings at $0.37 EPS and Q3 2025 earnings at $0.39 EPS.
A number of other equities analysts have also recently weighed in on ABX. Sanford C. Bernstein decreased their price objective on Barrick Gold from C$37.00 to C$36.00 in a report on Tuesday, November 5th. TD Cowen reissued a “buy” rating and set a C$36.00 price target on shares of Barrick Gold in a research note on Tuesday, January 14th. UBS Group lowered shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Cibc World Mkts downgraded shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Finally, Scotiabank cut Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$30.23.
Barrick Gold Trading Up 0.8 %
TSE ABX opened at C$26.19 on Friday. The stock’s 50-day simple moving average is C$23.25 and its two-hundred day simple moving average is C$25.23. Barrick Gold has a twelve month low of C$18.65 and a twelve month high of C$29.50. 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 company has a market capitalization of C$31.83 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 2.34 and a beta of 0.48.
Insider Activity at Barrick Gold
In related news, Director Dennis Mark Bristow purchased 85,296 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average price of C$25.03 per share, for a total transaction of C$2,135,291.53. Also, Senior Officer Poupak Bahamin sold 2,500 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of C$24.49, for a total transaction of C$61,215.00. 0.60% of the stock is owned by company insiders.
About Barrick Gold
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States.
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