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Barrick Mining
(TSX:ABX)
Barrick Mining (ABX) vs. iShares MSCI Canada ETF (EWC)
Barrick Mining Business Overview & Revenue Model
Barrick Mining Earnings Call Summary
Barrick Mining Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.60B | 12.92B | 11.40B | 11.01B | 11.98B | 12.60B |
| Gross Profit | 7.06B | 4.96B | 3.46B | 3.52B | 4.90B | 5.18B |
| EBITDA | 8.88B | 7.01B | 5.54B | 3.70B | 6.65B | 7.73B |
| Net Income | 3.58B | 2.14B | 1.27B | 432.00M | 2.02B | 2.32B |
Balance Sheet | ||||||
| Total Assets | 48.36B | 47.63B | 45.81B | 45.97B | 46.89B | 46.51B |
| Cash, Cash Equivalents and Short-Term Investments | 5.04B | 4.07B | 4.15B | 4.44B | 5.28B | 5.19B |
| Total Debt | 4.71B | 5.26B | 5.22B | 5.25B | 5.47B | 5.36B |
| Total Liabilities | 14.44B | 14.37B | 13.81B | 14.68B | 14.58B | 14.80B |
| Stockholders Equity | 25.15B | 24.29B | 23.34B | 22.77B | 23.86B | 23.34B |
Cash Flow | ||||||
| Free Cash Flow | 2.75B | 1.32B | 646.00M | 432.00M | 1.94B | 3.36B |
| Operating Cash Flow | 6.36B | 4.49B | 3.73B | 3.48B | 4.38B | 5.42B |
| Investing Cash Flow | -2.29B | -2.76B | -2.82B | -1.71B | -1.90B | -1.29B |
| Financing Cash Flow | -3.22B | -1.79B | -1.21B | -2.60B | -2.39B | -2.25B |
Barrick Mining Technical Analysis
Barrick Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | $46.40B | 19.13 | 24.09% | 0.45% | 36.41% | 144.79% | |
80 Outperform | C$122.39B | 25.44 | 15.67% | 0.93% | 38.72% | 250.70% | |
79 Outperform | $97.03B | 19.84 | 14.63% | 1.35% | 21.76% | 129.56% | |
79 Outperform | $69.68B | 49.82 | 13.05% | 0.60% | 54.48% | 68.44% | |
76 Outperform | $22.20B | 29.76 | 14.27% | 0.29% | 34.64% | 115.75% | |
74 Outperform | $56.07B | 43.63 | 14.17% | 0.72% | 44.76% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Barrick Mining Corporate Events
The recent earnings call for Barrick Gold highlighted a predominantly positive sentiment, underscored by the company’s strong financial and operational performance. Record-breaking metrics in cash flow and earnings were celebrated, alongside increased returns to shareholders. However, the call wasn’t without its challenges, as significant safety concerns with multiple fatalities were noted, and operational issues in Mali continued to pose difficulties. Despite these setbacks, the overall sentiment remained optimistic due to the substantial financial achievements and promising developments in gold production.
Barrick Mining Corporation reported record financial results for the third quarter of 2025, with gold production increasing by 4% and copper production aligning with plans. The company achieved record operating and free cash flow, leading to a 25% increase in its base quarterly dividend. Despite operational challenges, Barrick remains committed to safety and improving performance, with a focus on its Tier One gold assets. The company also expanded its share buyback program and confirmed the significance of the Fourmile gold discovery.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$40.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has announced a 25% increase in its quarterly base dividend to $0.125 per share, alongside a third-quarter dividend of $0.175 per share, which includes a performance dividend. The company also repurchased approximately 18.60 million shares in Q3 as part of its share buyback program, totaling 39.79 million shares repurchased this year. These actions reflect Barrick’s strategy to provide significant financial returns to shareholders while maintaining a strong balance sheet, supported by robust operating performance and cash flows.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$40.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has announced an increase of $500 million to its existing share repurchase program, following the successful repurchase of $1.0 billion worth of shares earlier this year. This move reflects Barrick’s strong financial performance and cash flow generation, allowing for further repurchases. The company believes its shares may sometimes trade below their intrinsic value, and the repurchase program aims to capitalize on this. The decision underscores Barrick’s strategic focus on shareholder returns and financial flexibility, with potential implications for its market positioning and stakeholder value.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$40.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has completed the sale of its Alturas Project in Chile to Boroo Pte. Ltd for $50 million, with an additional 0.5% net smelter return royalty on gold and silver production. This divestiture aligns with Barrick’s strategic focus on optimizing its portfolio and enhancing shareholder value through disciplined asset management.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$40.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has announced that it will release its third quarter 2025 financial results on November 10, 2025, before the markets open. A webcast presentation and Q&A session with analysts will follow later in the day. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic positioning in the mining industry.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$46.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has agreed to sell its interests in the Tongon gold mine and certain exploration properties in Côte d’Ivoire to the Atlantic Group for up to $305 million. This transaction, expected to close in late 2025, will allow Barrick to strengthen its balance sheet and continue delivering returns to shareholders. The sale marks a transition to local ownership under Atlantic Group, a prominent Pan-African company, ensuring continued operational excellence and community benefits. The deal is subject to customary closing conditions, including government approval.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$46.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has announced a leadership transition with Mark Hill appointed as the Group COO and Interim President & CEO, following the departure of Mark Bristow. Bristow, who led the company since its merger with Randgold in 2019, significantly strengthened Barrick’s portfolio and positioned it as a leading global producer of gold and copper. Under his leadership, Barrick returned $6.7 billion to shareholders and reduced net debt by $4 billion. The search for a permanent President and CEO is underway, with the company continuing to perform in line with its full-year expectations.
The most recent analyst rating on (TSE:ABX) stock is a Hold with a C$41.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has announced that its Fourmile project in Nevada is emerging as one of the most significant gold discoveries of the century. Recent studies and evaluations have confirmed the project’s potential to become a leading global gold producer, with high-grade, large-scale ore bodies that promise low-cost, long-life production. The project is expected to double its resource by the end of the year, with ongoing exploration revealing significant high-grade orebody extensions. The unique geometallurgy of Fourmile allows for more flexible and cost-effective processing, enhancing its value proposition. Barrick plans to expand its drilling operations to further evaluate and increase the project’s production potential.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$30.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has announced the sale of its Hemlo Gold Mine in Canada to Carcetti Capital Corp., which will be renamed Hemlo Mining Corp., for up to $1.09 billion. The transaction includes cash, shares, and a tiered gold price-linked payment structure. The sale is part of Barrick’s strategy to focus on its Tier One gold and copper portfolio, and the proceeds will be used to strengthen its balance sheet and return capital to shareholders. The transaction is expected to close in the fourth quarter of 2025, subject to customary conditions and approvals.
The most recent analyst rating on (TSE:ABX) stock is a Hold with a C$29.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Gold’s Earnings Call Highlights Robust Performance Amidst Challenges
Barrick Mining Corporation has announced an enhanced dividend of $0.15 per share for the second quarter of 2025, in line with its Performance Dividend Policy. Additionally, the company repurchased 13.50 million shares during Q2 as part of its share buyback program, totaling approximately 21.19 million shares repurchased this year. These actions reflect Barrick’s strategy to provide significant returns to shareholders while maintaining a strong balance sheet, supported by solid operating performance and strategic initiatives.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$28.50 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation reported a robust second quarter in 2025, with increased production of gold and copper, leading to higher free cash flow and net earnings per share. The company has made significant progress on its Tier One projects and returned substantial capital to shareholders through dividends and share buybacks. The improved performance is attributed to operational enhancements and higher commodity prices, positioning Barrick for a strong second half of the year. Additionally, Barrick has made strides in sustainability initiatives, including a reduction in lost time injuries and the safe closure of tailings storage facilities.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$28.50 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Barrick Mining Corporation has appointed Ben van Beurden as the new Lead Independent Director of the Board, succeeding Brett Harvey. Van Beurden, former CEO of Shell, brings extensive experience in the energy and natural resources sectors, which is expected to enhance Barrick’s strategic direction and governance. His appointment is part of Barrick’s ongoing initiative to refresh its board composition to better navigate industry dynamics and deliver sustainable value to shareholders.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$28.50 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.