The consensus price target hints at a 25.7% upside potential for Barrick Gold (GOLD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
GOLD's total gold production is 758,000 ounces in Q1, down roughly 19.4% year over year.
Barrick Gold Corporation (NYSE:GOLD ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Mark Bristow - President and Chief Executive Officer Henri Gonin - Managing Director, Nevada Gold Mines Graham Shuttleworth - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Ralph Profiti - Stifel Brian MacArthur - Raymond James Josh Wolfson - RBC Capital Markets Daniel Major - UBS Lawson Winder - Bank of America Securities Tanya Jakusconek - Scotiabank Joshua Rales - RFI Associates John Tumazos - John Tumazos Very Independent Research Operator Ladies and gentlemen, thank you for standing-by. This is the event operator.
Record prices for gold and gains for copper buoyed earnings, but an ongoing clash with Mali's military junta cast a shadow over Barrick Mining's stronger-than-expected financial performance.
Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) topped Wall Street estimates for first-quarter profit on Wednesday, powered by a rally in gold prices and strong production from its flagship assets. The Canadian miner also reaffirmed its full-year gold and copper production outlook, citing lower expected costs for the remainder of 2025.
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While GOLD's actions to advance key projects and solid financial health augur well, its high costs and downbeat production outlook warrant caution.
In the most recent trading session, Barrick Gold (GOLD) closed at $18.41, indicating a +0.22% shift from the previous trading day.
GOLD's first-quarter results are expected to reflect higher gold prices amid cost headwinds.
Barrick Gold (GOLD) concluded the recent trading session at $19.04, signifying a +0.74% move from its prior day's close.
Investors looking for stocks in the Mining - Gold sector might want to consider either Barrick Gold (GOLD) or Alamos Gold (AGI). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.