Raymond James Predicts Barrick Gold’s Q1 Earnings (TSE:ABX)

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Analysts at Raymond James cut their Q1 2025 earnings per share (EPS) estimates for Barrick Gold in a research note issued on Wednesday, February 12th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.29 per share for the quarter, down from their previous forecast 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.

ABX has been the topic of a number of other reports. Canaccord Genuity Group cut their price target on shares of Barrick Gold from C$33.50 to C$30.00 in a report on Wednesday, January 15th. Stifel Nicolaus reduced their target price on shares of Barrick Gold from C$33.50 to C$32.00 in a research report on Monday, December 2nd. UBS Group cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Scotiabank downgraded Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada raised their target price on Barrick Gold to C$19.00 and gave the stock a “buy” rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Barrick Gold presently has a consensus rating of “Moderate Buy” and an average price target of C$30.23.

Barrick Gold Stock Up 0.8 %

ABX stock opened at C$26.19 on Friday. The stock has a market cap of C$31.83 billion, a P/E ratio of 19.72, a P/E/G ratio of 2.34 and a beta of 0.48. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. The stock’s fifty day simple moving average is C$23.25 and its two-hundred day simple moving average is C$25.23. Barrick Gold has a 1-year low of C$18.65 and a 1-year high of C$29.50.

Insider Buying and Selling at Barrick Gold

In related news, Senior Officer Poupak Bahamin sold 2,500 shares of Barrick Gold stock in a transaction on Friday, November 29th. The stock was sold at an average price of C$24.49, for a total transaction of C$61,215.00. Also, Director Dennis Mark Bristow bought 85,296 shares of Barrick Gold stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average price of C$25.03 per share, with a total value of C$2,135,291.53. Insiders own 0.60% of the company’s stock.

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.