Barrick Gold Q3 EPS Boosted by Raymond James Financial

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Raymond James Financial upped their Q3 2025 earnings per share estimates for shares of Barrick Gold in a research report issued to clients and investors on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings of $0.86 per share for the quarter, up from their prior forecast of $0.83. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Raymond James Financial also issued estimates for Barrick Gold’s FY2025 earnings at $3.02 EPS.

ABX has been the topic of a number of other research reports. Canaccord Genuity Group boosted their target price on Barrick Gold from C$39.00 to C$57.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Cibc World Mkts upgraded Barrick Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 12th. National Bankshares upgraded Barrick Gold from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$36.00 to C$51.00 in a research note on Monday, September 22nd. Cormark upped their price objective on Barrick Gold from C$35.00 to C$45.00 in a research note on Thursday, September 18th. Finally, BMO Capital Markets upped their price objective on Barrick Gold from C$37.00 to C$41.00 in a research note on Monday, September 22nd. Four analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$40.33.

Barrick Gold Price Performance

Shares of TSE ABX opened at C$45.86 on Monday. Barrick Gold has a twelve month low of C$21.73 and a twelve month high of C$49.92. The stock’s 50 day moving average price is C$39.90 and its 200-day moving average price is C$31.90. The company has a market capitalization of C$78.24 billion, a PE ratio of 28.84, a PEG ratio of 2.34 and a beta of 1.06. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83.

Insider Buying and Selling at Barrick Gold

In other Barrick Gold news, insider Joel James Holliday sold 13,588 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of C$40.38, for a total transaction of C$548,735.07. Following the sale, the insider owned 84,087 shares of the company’s stock, valued at C$3,395,752.59. The trade was a 13.91% decrease in their position. Also, insider Grant Bill Beringer sold 38,000 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of C$41.13, for a total transaction of C$1,562,959.00. Following the sale, the insider directly owned 107,047 shares in the company, valued at C$4,402,896.63. The trade was a 26.20% decrease in their position. Over the last quarter, insiders sold 62,990 shares of company stock worth $2,580,075. 0.60% of the stock is owned by insiders.

Barrick Gold Company Profile

Barrick Gold Corp is one of the world’s largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.