Barrick Mining (NYSE:B) Posts Earnings Results, Beats Expectations By $0.08 EPS

Barrick Mining (NYSE:B) (TSE:ABX) announced its earnings results on Monday. The gold and copper producer reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.08, Zacks reports. Barrick Mining had a return on equity of 16.02% and a net margin of 31.60%.

Barrick Mining Stock Performance

Shares of Barrick Mining stock opened at $40.51 on Monday. The business’s 50 day moving average price is $41.32 and its 200 day moving average price is $41.98. The company has a market cap of $65.98 billion, a price-to-earnings ratio of 10.44, a PEG ratio of 1.26 and a beta of 0.52. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 3.01. Barrick Mining has a one year low of $32.17 and a one year high of $54.69.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on B shares. Wall Street Zen cut shares of Barrick Mining from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Royal Bank Of Canada upped their price objective on shares of Barrick Mining from $49.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. Barclays increased their price objective on shares of Barrick Mining from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Sanford C. Bernstein dropped their target price on shares of Barrick Mining from $61.00 to $56.50 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. Finally, Bank of America reduced their price target on shares of Barrick Mining from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $52.59.

Key Barrick Mining News

Here are the key news stories impacting Barrick Mining this week:

• Positive Sentiment: Adjusted earnings were $0.82 per share, above the roughly $0.79 analyst consensus; reported profit rose to $1.32 billion from $1.30 billion a year earlier. Barrick Mining beats on Q3 profit, reaffirms 2026 output
• Positive Sentiment: Gold production reached 816,000 ounces, up 6% year over year excluding divested assets and 3% from the prior quarter. Barrick reaffirmed full-year production guidance; operational improvements at several mines supported the quarter. Barrick Reports Third Quarter 2026 Results
• Positive Sentiment: Barrick declared a quarterly dividend of $0.175 per share, payable December 15 to shareholders of record November 30. The payment maintains the existing dividend level. Barrick Declares Q3 Dividend
• Negative Sentiment: Revenue of $5.07 billion came in below the $5.13 billion analyst estimate. Higher fuel, consumables and currency-related costs also weighed, although productivity gains helped offset the pressure. Barrick Mining beats on Q3 profit, reaffirms 2026 output

About Barrick Mining

Barrick Mining Corporation, formerly known as Barrick Gold Corporation, is a global mining company focused primarily on the exploration, development and production of gold and copper. Its activities include operating mines, advancing development projects and managing mineral reserves across multiple jurisdictions.

The company’s gold operations include Nevada Gold Mines in the United States, a joint venture in which Barrick is the operator, as well as mines and projects in Canada, the Dominican Republic, Mali, Côte d’Ivoire, Tanzania and the Democratic Republic of the Congo.