Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: barrick.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/16/2025 | Market Perform | BMO Capital Markets | |
3/5/2025 | $22.00 | Neutral → Buy | UBS |
1/27/2025 | $21.00 → $18.00 | Buy → Neutral | BofA Securities |
1/21/2025 | Sector Outperform → Sector Perform | Scotiabank | |
11/25/2024 | Sector Outperform → Neutral | CIBC | |
10/30/2024 | $23.00 → $22.00 | Buy → Neutral | UBS |
8/29/2024 | Hold → Buy | Argus | |
2/29/2024 | $15.00 → $21.00 | Buy | Jefferies |
2/26/2024 | Buy → Hold | Argus | |
1/8/2024 | Outperform → Mkt Perform | Bernstein |
First Quarter 2025 ResultsAll amounts expressed in U.S. dollars unless otherwise indicated TORONTO , May 07, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) ("Barrick" or the "Company") today reported a solid start to the financial year, making significant headway on its long-term strategy and advancing its global portfolio of Tier One2 gold and copper assets. Net earnings per share increased 59% year-on-year to $0.27 with adjusted net earnings per share3 growing by 84% year-on-year to $0.35. Operating cash flow of $1.2 billion was also up 59% while free cash flow4 of $375 million improved materially compared to Q1 2024, driving net debt reduction of 5% over the
All amounts expressed in US dollars TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) ("Barrick" or the "Company") today announced the declaration of a dividend of $0.10 per share for the first quarter of 2025. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q1 2025 dividend will be paid on June 16, 2025 to shareholders of record at the close of business on May 30, 2025. In addition to the quarterly dividend, Barrick repurchased approximately 7.69 million shares during Q1 under the share buyback program that was announced in February 2025. "Our operating performance and growing margin
TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) ("Barrick" or the "Company") today announced that it has completed its name change to Barrick Mining Corporation and « Société minière Barrick » in French, following receipt of shareholder approval at its Annual and Special Meeting of Shareholders held earlier today. The Barrick common shares will commence trading under the Company's new name on the New York Stock Exchange and the Toronto Stock Exchange at the start of trading on May 9, 2025. In connection with the name change, the ticker symbol for the Barrick common shares listed on the New York Stock Exchange will be changed to ‘B', effective as
TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today announced that it plans to change its name to Barrick Mining Corporation and from « Société aurifère Barrick » to « Société minière Barrick » in French, subject to shareholder approval at its upcoming Annual and Special Meeting of Shareholders on May 6, 2025. In connection with its name change, the Company also plans to change its ticker symbol for the Barrick common shares listed on the New York Stock Exchange from ‘GOLD' to ‘B', to become effective at the start of trading on May 9, 2025. The Barrick common shares will continue to trade under the ‘ABX' ticker symbo
Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, April 24, 2025 /PRNewswire/ -- Equity Insider News Commentary – Amid the ongoing volatility on the markets, several gold stocks are surging, with the Top 50 mining companies thriving within the tariff-related chaos. All the while, analysts still believe these gold stocks are not only outperforming the market, but still look undervalued, a sentiment echoed by prominent economist Peter Schiff. Currently there are multiple mining companies making headlines with their recent developments, including Lake Victoria Gold (TSXV:LVG) (OTCQB:LVGLF), Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX), NOVAGOLD Resources Inc. (NYSE-American: NG) (TSX
All amounts expressed in US dollars TORONTO, April 22, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick") today announced that it has reached an agreement to sell the 50 percent interest in the Donlin Gold Project in Alaska held by Barrick's subsidiary Barrick Gold U.S. Inc. to affiliates of Paulson Advisers LLC ("Paulson") and NOVAGOLD Resources Inc. ((NYSE American, TSX:NG) for $1 billion in cash. In addition, Barrick has granted NOVAGOLD an option to purchase the outstanding debt owed to Barrick in connection with the Donlin Gold Project for $90 million if purchased prior to closing, or for $100 million if purchased within 18 months from closing, when th
All amounts expressed in US dollars TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) confirms that it has continued to engage in good faith with the Government of Mali to finalise an agreement that was fully negotiated and accepted by the Ministry of Finance in February 2025. From the outset of its engagement, Barrick has worked to find a constructive solution. In October 2024, it agreed to a framework aimed at achieving a comprehensive resolution of all outstanding disputes and paid $85 million as part of the ongoing negotiations. Despite this, the Government subsequently took a series of escalatory actions, including the arrest of Barrick emplo
TORONTO, April 11, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) will release its Q1 2025 results on Wednesday, May 7, 2025. President and CEO Mark Bristow will host a live presentation of the results that day at 11:00 EDT, with an interactive webinar linked to a conference call. Participants will be able to ask questions. Q1 RESULTS ANNOUNCEMENT Q1 Results releaseMay 7, 6:00 EDT / 10:00 UTCQ1 Results live presentation and webinarMay 7, 11:00 EDT / 15:00 UTCGo to the webinarConference call linked to webinarMay 7, 11:00 EDT / 15:00 UTCRegister in advance for expedited accessUS/Canada (toll-free), 1 833 821 2866UK (toll), +44 20 3795 9972International (toll), +1 64
TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has nominated Ben van Beurden and Pekka Vauramo for election to its Board of Directors at the company's Annual and Special Meeting of Shareholders on May 6, 2025. Ben van Beurden, former chief executive of Shell, brings four decades of global experience in the energy and natural resources sectors. At Shell, he led the company's strategic transformation from an oil-focused business to a diversified energy leader, with a strong emphasis on natural gas and renewable energy investments. This transformation placed Shell among the top quartile of investors in energy transition. Mr. van Beurden is recognize
TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Having laid the foundation to build the world's most valued gold and copper company, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is now advancing its portfolio of growth projects to support a planned 30% growth in gold equivalent ounces by the end of the decade1, says chairman John Thornton. In the company's 2025 Information Circular, published today and available at www.barrick.com/agm as well as filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov), Thornton said that despite a challenging operating environment, Barrick delivered on the goals it set for 2024, meeting its gold and copper production guidance and maintaining its unmatched
BMO Capital Markets resumed coverage of Barrick with a rating of Market Perform
UBS upgraded Barrick from Neutral to Buy and set a new price target of $22.00
BofA Securities downgraded Barrick from Buy to Neutral and set a new price target of $18.00 from $21.00 previously
Scotiabank downgraded Barrick from Sector Outperform to Sector Perform
CIBC downgraded Barrick from Sector Outperform to Neutral
UBS downgraded Barrick from Buy to Neutral and set a new price target of $22.00 from $23.00 previously
Argus upgraded Barrick from Hold to Buy
Jefferies resumed coverage of Barrick with a rating of Buy and set a new price target of $21.00 from $15.00 previously
Argus downgraded Barrick from Buy to Hold
Bernstein downgraded Barrick from Outperform to Mkt Perform