Barrick Gold Co. (TSE:ABX) to Post Q1 2022 Earnings of $0.30 Per Share, National Bank Financial Forecasts

Barrick Gold Co. (TSE:ABXGet Rating) (NYSE:ABX) – Stock analysts at National Bank Financial issued their Q1 2022 EPS estimates for shares of Barrick Gold in a research report issued on Tuesday, April 19th. National Bank Financial analyst M. Parkin expects that the basic materials company will post earnings per share of $0.30 for the quarter. National Bank Financial has a “Sector Perform” rating and a $29.00 price objective on the stock. National Bank Financial also issued estimates for Barrick Gold’s FY2022 earnings at $1.49 EPS and FY2023 earnings at $2.00 EPS.

Several other brokerages also recently commented on ABX. Royal Bank of Canada set a C$23.00 price objective on shares of Barrick Gold and gave the company an “outperform” rating in a research note on Tuesday, February 15th. Raymond James upped their price objective on shares of Barrick Gold from C$26.00 to C$27.00 and gave the company an “outperform” rating in a research note on Friday, February 11th. Fundamental Research boosted their price target on shares of Barrick Gold to C$33.50 and gave the company a “buy” rating in a research report on Tuesday, March 1st. National Bankshares boosted their price target on shares of Barrick Gold from C$29.00 to C$38.00 in a research report on Wednesday. Finally, Eight Capital boosted their price target on shares of Barrick Gold from C$34.00 to C$40.00 and gave the company a “buy” rating in a research report on Thursday. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Barrick Gold currently has an average rating of “Buy” and an average target price of C$32.27.

Shares of TSE:ABX opened at C$30.18 on Thursday. The company has a market cap of C$53.70 billion and a price-to-earnings ratio of 21.08. The company has a 50-day moving average price of C$30.50 and a 200-day moving average price of C$26.28. The company has a current ratio of 3.95, a quick ratio of 2.98 and a debt-to-equity ratio of 16.94. Barrick Gold has a 12 month low of C$22.30 and a 12 month high of C$33.50.

Barrick Gold (TSE:ABXGet Rating) (NYSE:ABX) last issued its quarterly earnings data on Wednesday, February 16th. The basic materials company reported C$0.44 EPS for the quarter, beating the consensus estimate of C$0.37 by C$0.07. The firm had revenue of C$4.17 billion for the quarter, compared to the consensus estimate of C$4.35 billion.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 15th. Shareholders of record on Monday, February 28th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend was Friday, February 25th. Barrick Gold’s dividend payout ratio (DPR) is presently 25.14%.

Barrick Gold Company Profile (Get Rating)

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.

See Also

Earnings History and Estimates for Barrick Gold (TSE:ABX)

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