FY2026 EPS Estimates for Barrick Mining Cut by Scotiabank

Posted by Brian Himes on Jul 22nd, 2026

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

Several other analysts have also issued reports on B. Citigroup restated a “positive” rating on shares of Barrick Mining in a report on Wednesday, July 15th. ATB Cormark Capital Markets cut shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings cut shares of Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Bank of America reduced their price target on shares of Barrick Mining from $58.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, Barclays lowered their price objective on shares of Barrick Mining from $41.00 to $39.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $52.46.

Check Out Our Latest Stock Analysis on Barrick Mining

Barrick Mining Stock Performance

Shares of Barrick Mining stock opened at $36.39 on Monday. Barrick Mining has a 52 week low of $20.94 and a 52 week high of $54.69. The business’s fifty day simple moving average is $39.19 and its 200-day simple moving average is $42.89. The firm has a market cap of $60.52 billion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 0.76 and a beta of 0.48. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13.

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

Hedge Funds Weigh In On Barrick Mining

Institutional investors have recently bought and sold shares of the company. Westside Investment Management Inc. purchased a new position in shares of Barrick Mining in the fourth quarter valued at approximately $25,000. Financial Consulate Inc. grew its holdings in shares of Barrick Mining by 1,042.0% in the fourth quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after purchasing an additional 521 shares in the last quarter. Intesa Sanpaolo Wealth Management purchased a new stake in Barrick Mining during the 4th quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new stake in Barrick Mining during the 1st quarter worth approximately $28,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in Barrick Mining during the 4th quarter worth approximately $30,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Barrick Mining Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, May 29th. Barrick Mining’s dividend payout ratio (DPR) is 19.34%.

Key Barrick Mining News

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

Positive Sentiment: Barrick announced a C$20.9 million investment in Kingfisher Metals, signaling continued exploration and growth-focused capital deployment. Barrick Announces Investment in Kingfisher Metals
Positive Sentiment: JPMorgan kept an overweight rating on Barrick Mining even after lowering its price target to $50 from $58, which still implies meaningful upside from current levels. Benzinga report on JPMorgan price target cut
Neutral Sentiment: Analyst estimates for Barrick’s FY2026 EPS were lowered, reflecting some caution around near-term earnings expectations. FY2026 EPS Estimates for Barrick Mining Lowered by Analyst
Neutral Sentiment: Additional coverage suggested Barrick’s corporate moves are attracting market interest, though this appears to be a broad sentiment call rather than a new fundamental development. Barrick Mining Corporate Move Lifts Market Interest

About Barrick Mining

(Get Free Report)

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.