FY2026 EPS Estimate for Barrick Mining Increased by Analyst

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Investment analysts at Scotiabank raised their FY2026 earnings estimates for Barrick Mining in a research note issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now anticipates that the gold and copper producer will post earnings of $3.61 per share for the year, up from their previous estimate of $3.35. Scotiabank has a “Outperform” rating and a $55.00 price target on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $3.55 per share.

Barrick Mining (NYSE:B) (TSE:ABX) last posted its earnings results on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%. The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same quarter in the prior year, the firm posted $0.47 EPS. Barrick Mining’s revenue was up 43.8% on a year-over-year basis.

B has been the topic of a number of other research reports. Royal Bank Of Canada lowered their price objective on Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Bank of America reduced their target price on Barrick Mining from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. UBS Group lowered their price target on Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. TD dropped their price target on Barrick Mining from $61.00 to $59.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Barrick Mining in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.57.

Barrick Mining Stock Up 1.2%

B opened at $48.16 on Monday. The company has a fifty day moving average price of $38.97 and a 200-day moving average price of $41.54. The firm has a market capitalization of $79.26 billion, a P/E ratio of 12.41, a price-to-earnings-growth ratio of 0.91 and a beta of 0.47. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.01 and a quick ratio of 2.36. Barrick Mining has a one year low of $26.14 and a one year high of $54.69.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Intesa Sanpaolo Wealth Management bought a new stake in Barrick Mining during the fourth quarter worth about $26,000. Ascentis Independent Advisors bought a new position in shares of Barrick Mining during the 1st quarter valued at about $28,000. JPL Wealth Management LLC purchased a new position in shares of Barrick Mining during the 3rd quarter valued at about $28,000. Laurel Wealth Advisors LLC bought a new stake in Barrick Mining in the 4th quarter worth approximately $30,000. Finally, Motiv8 Investments LLC bought a new stake in Barrick Mining in the 4th quarter worth approximately $31,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Barrick Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 31st. Barrick Mining’s payout ratio is currently 18.04%.

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.