01:58:49 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Barrick Mining Corp
Symbol ABX
Shares Issued 1,714,258,060
Close 2025-06-05 C$ 27.35
Market Cap C$ 46,884,957,941
Recent Sedar Documents

Globe says Barrick Mining maintained at "outperform"

2025-06-05 07:14 ET - In the News

The Globe and Mail reports in its Thursday, June 5, edition that RBC Capital analysts Josh Wolfson, Michael Siperco and Harrison Reynolds have reaffirmed their "outperform" recommendation for Barrick Mining. The Globe's David Leeder writes that the RBC analysts gave their share target a $3 boost to $26 (all figures in U.S. dollars). Analysts on average target the shares at $24.71. The RBC analysts updated their commodity price forecasts for the second quarter, including increases to their gold price forecast of 9 per cent over 2025/26 and 18 per cent for their long-term assumption (to $2,600 per ounce), driving gold net asset value estimates up 17 per cent and 2025 adjusted earnings before interest, taxes, depreciation and amortization estimates by 7 per cent. The RBC analysts say in a note: "We maintain positive views on gold equities, supported by attractive valuations and improving return of capital. Our copper equity views improve incrementally, supported by a long-term positive outlook, despite near-term tariff uncertainties. We continue to see iron ore risks, and maintain a neutral outlook for diversified equities. Our outlook for uranium equities remains positive, supported by strong long-term fundamentals."

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