Q3 EPS Estimates for Barrick Mining Boosted by Analyst

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Raymond James Financial boosted their Q3 2025 earnings per share estimates for shares of Barrick Mining in a note issued to investors on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now anticipates that the gold and copper producer will post earnings of $0.62 per share for the quarter, up from their prior estimate of $0.60. Raymond James Financial has a “Outperform” rating and a $40.00 price target on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $1.47 per share. Raymond James Financial also issued estimates for Barrick Mining’s FY2025 earnings at $2.19 EPS.

A number of other research analysts have also weighed in on the company. Canaccord Genuity Group lifted their target price on Barrick Mining from $39.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday. UBS Group lifted their target price on Barrick Mining from $26.00 to $35.00 and gave the company a “buy” rating in a report on Friday, September 19th. CIBC lifted their target price on Barrick Mining from $38.00 to $50.00 and gave the company an “outperformer” rating in a report on Friday. Finally, Zacks Research lowered Barrick Mining from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Barrick Mining has a consensus rating of “Moderate Buy” and an average target price of $38.10.

Barrick Mining Trading Up 2.0%

Shares of Barrick Mining stock opened at $33.39 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.53 and a current ratio of 3.21. The stock has a market capitalization of $56.86 billion, a P/E ratio of 21.00, a P/E/G ratio of 0.53 and a beta of 0.30. Barrick Mining has a 52-week low of $15.11 and a 52-week high of $36.10. The stock’s 50-day simple moving average is $28.81 and its 200 day simple moving average is $23.08.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data on Monday, August 11th. The gold and copper producer reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. Barrick Mining had a return on equity of 8.19% and a net margin of 19.99%.The business had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.60 billion. During the same period in the previous year, the business posted $0.32 EPS. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year.

Barrick Mining Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, August 29th. Barrick Mining’s dividend payout ratio (DPR) is 37.74%.

Institutional Trading of Barrick Mining

Large investors have recently modified their holdings of the business. Investors Research Corp bought a new stake in shares of Barrick Mining during the 3rd quarter valued at about $36,000. Vermillion Wealth Management Inc. bought a new stake in Barrick Mining in the 2nd quarter worth approximately $25,000. Concord Wealth Partners bought a new stake in Barrick Mining in the 2nd quarter worth approximately $26,000. Crowley Wealth Management Inc. bought a new stake in Barrick Mining in the 2nd quarter worth approximately $26,000. Finally, Grove Bank & Trust bought a new stake in Barrick Mining in the 3rd quarter worth approximately $41,000. Institutional investors own 90.82% of the company’s stock.

Barrick Mining Company Profile

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.