Brokers Offer Predictions for Barrick Mining FY2025 Earnings

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Scotiabank boosted their FY2025 earnings estimates for shares of Barrick Mining in a report issued on Friday, January 30th. Scotiabank analyst T. Jakusconek now expects that the gold and copper producer will post earnings per share of $2.25 for the year, up from their previous estimate of $2.18. Scotiabank has a “Outperform” rating and a $63.00 price objective on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $1.47 per share.

Barrick Mining (NYSE:B) (TSE:ABX) last posted its quarterly earnings data on Monday, November 10th. The gold and copper producer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. Barrick Mining had a net margin of 24.53% and a return on equity of 9.48%. The business had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period last year, the firm posted $0.09 earnings per share. The business’s revenue was up 23.2% on a year-over-year basis.

B has been the subject of several other research reports. Jefferies Financial Group restated a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a report on Sunday, December 7th. Citigroup upgraded shares of Barrick Mining from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Weiss Ratings restated a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Finally, TD Cowen reissued a “buy” rating on shares of Barrick Mining in a research note on Wednesday, November 26th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Barrick Mining has an average rating of “Buy” and a consensus target price of $51.33.

Barrick Mining Stock Performance

Shares of NYSE B opened at $46.30 on Monday. Barrick Mining has a 1 year low of $16.33 and a 1 year high of $54.69. The firm has a market cap of $77.57 billion, a P/E ratio of 22.37, a PEG ratio of 0.40 and a beta of 0.40. The stock has a fifty day moving average price of $45.50 and a two-hundred day moving average price of $35.23. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.33 and a current ratio of 2.94.

Barrick Mining Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were issued a dividend of $0.175 per share. This is an increase from Barrick Mining’s previous quarterly dividend of $0.15. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, November 28th. Barrick Mining’s dividend payout ratio (DPR) is presently 33.82%.

Hedge Funds Weigh In On Barrick Mining

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Financial Consulate Inc. lifted its holdings in shares of Barrick Mining by 1,042.0% in the fourth quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after purchasing an additional 521 shares in the last quarter. Westside Investment Management Inc. purchased a new stake in Barrick Mining in the 4th quarter worth about $25,000. Concord Wealth Partners purchased a new stake in Barrick Mining in the 2nd quarter worth about $26,000. Arlington Trust Co LLC acquired a new stake in Barrick Mining during the 3rd quarter worth about $26,000. Finally, Ameriflex Group Inc. purchased a new position in Barrick Mining during the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

About Barrick Mining

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.