FY2026 EPS Forecast for Barrick Mining Lowered by Analyst

Barrick Mining Corporation (NYSE:B) (TSE:ABX) – Research analysts at Scotiabank dropped their FY2026 earnings estimates for shares of Barrick Mining in a research report issued on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the gold and copper producer will earn $3.35 per share for the year, down from their previous estimate of $3.36. Scotiabank has a “Sector Outperform” rating and a $57.00 price objective on the stock. The consensus estimate for Barrick Mining’s current full-year earnings is $3.61 per share.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.18. The firm had revenue of $4.11 billion during the quarter, compared to analyst estimates of $4.75 billion. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. Barrick Mining’s quarterly revenue was up 66.7% compared to the same quarter last year.

B has been the subject of a number of other reports. Barclays decreased their target price on shares of Barrick Mining from $41.00 to $39.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Citigroup restated a “positive” rating on shares of Barrick Mining in a research note on Wednesday, July 15th. ATB Cormark Capital Markets lowered Barrick Mining from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Canadian Imperial Bank of Commerce reduced their price objective on Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research report on Tuesday, April 21st. Finally, Weiss Ratings cut Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.85.

Barrick Mining Trading Down 0.1%

Shares of B stock opened at $34.88 on Monday. Barrick Mining has a 12-month low of $20.94 and a 12-month high of $54.69. The company has a current ratio of 3.06, a quick ratio of 2.44 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average is $39.38 and its 200 day moving average is $42.94. The stock has a market capitalization of $58.02 billion, a P/E ratio of 9.64, a P/E/G ratio of 0.76 and a beta of 0.48.

Hedge Funds Weigh In On Barrick Mining

Hedge funds have recently modified their holdings of the stock. FIL Ltd boosted its stake in Barrick Mining by 85.3% during the fourth quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock valued at $1,311,169,000 after buying an additional 13,853,587 shares during the last quarter. Van ECK Associates Corp increased its stake in Barrick Mining by 22.8% in the 4th quarter. Van ECK Associates Corp now owns 55,423,240 shares of the gold and copper producer’s stock worth $2,413,699,000 after acquiring an additional 10,287,544 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in Barrick Mining in the 2nd quarter worth approximately $211,263,000. Canada Pension Plan Investment Board bought a new stake in Barrick Mining in the 2nd quarter worth approximately $172,230,000. Finally, Mackenzie Financial Corp raised its holdings in shares of Barrick Mining by 61.9% during the 4th quarter. Mackenzie Financial Corp now owns 20,591,745 shares of the gold and copper producer’s stock worth $909,104,000 after acquiring an additional 7,870,411 shares in the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $0.175 per share. The ex-dividend date was Friday, May 29th. This represents a $0.70 annualized dividend and a dividend yield of 2.0%. Barrick Mining’s dividend payout ratio (DPR) is presently 19.34%.

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.