Barrick Mining Declares Q1 Dividend and Completes Share Buyback

Barrick Gold ( (TSE:ABX) ) has provided an announcement.

Barrick Mining Corporation announced a dividend of $0.10 per share for Q1 2025, in line with its Performance Dividend Policy. Additionally, the company repurchased approximately 7.69 million shares, reflecting its strong operational performance and financial health. This move underscores Barrick’s commitment to delivering substantial returns to shareholders while maintaining a robust balance sheet to support future growth initiatives.

Spark’s Take on TSE:ABX Stock

According to Spark, TipRanks’ AI Analyst, TSE:ABX is a Neutral.

Barrick Gold’s strong financial performance and strategic project management position it well within the gold industry. The company’s effective cash flow management and revenue growth are significant strengths. While technical indicators and valuation metrics suggest stability, challenges in Mali and safety incidents require attention. Overall, the stock is attractive given its growth potential and operational strengths.

To see Spark’s full report on TSE:ABX stock, click here.

More about Barrick Gold

Barrick Mining Corporation is a leading company in the mining industry, primarily focused on the extraction and production of gold. The company operates on a global scale, maintaining a strong market presence and financial stability, which allows it to invest in significant growth projects.

Average Trading Volume: 3,973,389

Technical Sentiment Signal: Buy

Current Market Cap: C$45.63B

For an in-depth examination of ABX stock, go to TipRanks’ Stock Analysis page.