Barrick Mining (NYSE:B) Posts Earnings Results, Beats Expectations By $0.08 EPS

Barrick Mining (NYSE:B) (TSE:ABX) announced its earnings results on Monday. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08, Zacks reports. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%.

Barrick Mining Price Performance

Shares of Barrick Mining stock opened at $40.51 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 3.01. Barrick Mining has a 52-week low of $32.17 and a 52-week high of $54.69. The company has a fifty day moving average of $41.32 and a 200-day moving average of $41.98. The stock has a market capitalization of $65.98 billion, a price-to-earnings ratio of 10.44, a price-to-earnings-growth ratio of 1.26 and a beta of 0.52.

Key Headlines Impacting Barrick Mining

Here are the key news stories impacting Barrick Mining this week:

• Positive Sentiment: Adjusted earnings were $0.82 per share, above the roughly $0.79 analyst consensus; reported profit rose to $1.32 billion from $1.30 billion a year earlier. Barrick Mining beats on Q3 profit, reaffirms 2026 output
• Positive Sentiment: Gold production reached 816,000 ounces, up 6% year over year excluding divested assets and 3% from the prior quarter. Barrick reaffirmed full-year production guidance; operational improvements at several mines supported the quarter. Barrick Reports Third Quarter 2026 Results
• Positive Sentiment: Barrick declared a quarterly dividend of $0.175 per share, payable December 15 to shareholders of record November 30. The payment maintains the existing dividend level. Barrick Declares Q3 Dividend
• Negative Sentiment: Revenue of $5.07 billion came in below the $5.13 billion analyst estimate. Higher fuel, consumables and currency-related costs also weighed, although productivity gains helped offset the pressure. Barrick Mining beats on Q3 profit, reaffirms 2026 output

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Citigroup raised their price target on Barrick Mining from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Canadian Imperial Bank of Commerce cut Barrick Mining from a “sector outperform” rating to a “neutral” rating and cut their price objective for the stock from $57.00 to $49.00 in a report on Friday, October 16th. Weiss Ratings upgraded Barrick Mining from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Sanford C. Bernstein reduced their price objective on Barrick Mining from $61.00 to $56.50 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. Finally, Bank of America decreased their price objective on Barrick Mining from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $52.59.

Barrick Mining Company Profile

Barrick Mining Corporation, formerly known as Barrick Gold Corporation, is a global mining company focused primarily on the exploration, development and production of gold and copper. Its activities include operating mines, advancing development projects and managing mineral reserves across multiple jurisdictions.

The company’s gold operations include Nevada Gold Mines in the United States, a joint venture in which Barrick is the operator, as well as mines and projects in Canada, the Dominican Republic, Mali, Côte d’Ivoire, Tanzania and the Democratic Republic of the Congo.