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What is Cormark's Forecast for Barrick Gold Q2 Earnings?


What is Cormark's Forecast for Barrick Gold Q2 Earnings?

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Analysts at Cormark issued their Q2 2025 earnings estimates for shares of Barrick Gold in a research note issued to investors on Wednesday, January 15th. Cormark analyst R. Gray forecasts that the basic materials company will post earnings of $0.49 per share for the quarter. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Cormark also issued estimates for Barrick Gold's Q3 2025 earnings at $0.49 EPS and Q4 2025 earnings at $0.49 EPS.

Several other brokerages also recently weighed in on ABX. TD Securities reiterated a "buy" rating and issued a C$34.00 price target on shares of Barrick Gold in a report on Wednesday, October 16th. Cibc World Mkts downgraded Barrick Gold from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 25th. TD Cowen reissued a "buy" rating and set a C$36.00 target price on shares of Barrick Gold in a research note on Tuesday. Stifel Nicolaus reduced their price target on shares of Barrick Gold from C$33.50 to C$32.00 in a research note on Monday, December 2nd. Finally, UBS Group cut shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 30th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$30.38.

Check Out Our Latest Stock Report on Barrick Gold

Barrick Gold stock opened at C$22.64 on Friday. Barrick Gold has a 1-year low of C$18.65 and a 1-year high of C$29.50. The company's 50-day moving average is C$23.59 and its 200 day moving average is C$25.19. The firm has a market capitalization of C$39.62 billion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 14.54, a current ratio of 3.01 and a quick ratio of 2.62.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend was Friday, November 29th. Barrick Gold's dividend payout ratio (DPR) is 45.38%.

In other news, Director Dennis Mark Bristow purchased 85,296 shares of the business's stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of C$25.03 per share, with a total value of C$2,135,291.53. Also, Senior Officer Poupak Bahamin sold 2,500 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of C$24.49, for a total value of C$61,215.00. 0.60% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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