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Price Over Earnings Overview: Barrick Mining - Barrick Mining (NYSE:B)
Benzinga· 2025-11-12 15:00
Core Viewpoint - Barrick Mining Inc. has shown significant stock performance, with a 117.80% increase over the past year, leading to optimism among long-term shareholders, while concerns about potential overvaluation arise from the price-to-earnings (P/E) ratio [1]. Group 1: Stock Performance - The current trading price of Barrick Mining Inc. is $36.71, reflecting a 2.51% increase in the current session [1]. - Over the past month, the stock has increased by 5.82% [1]. - The stock has experienced a remarkable 117.80% increase over the past year [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for long-term shareholders to evaluate the company's market performance against historical earnings and industry standards [5]. - Barrick Mining has a lower P/E ratio compared to the aggregate P/E of 34.57 for the Metals & Mining industry, which may suggest the stock is undervalued or could perform worse than peers [6]. - A low P/E ratio can indicate undervaluation but may also reflect weak growth prospects or financial instability, necessitating a cautious approach in its interpretation [9].
Barrick Mining's Q3 Earnings Beat Estimates, Sales Up on Higher Prices
ZACKS· 2025-11-12 13:41
Core Insights - Barrick Mining Corporation reported profits of $1,302 million or 76 cents per share for Q3 2025, a significant increase from $483 million or 28 cents per share in the same quarter last year [1] - Adjusted earnings per share, excluding one-time items, were 58 cents, surpassing the Zacks Consensus Estimate of 57 cents [1] - Total sales reached $4,148 million, reflecting a 23% year-over-year increase, although it fell short of the Zacks Estimate of $4,224 million [1] Operational Highlights - Total gold production was 829,000 ounces, down approximately 12% year over year [2] - The average realized price of gold was $3,457 per ounce, up around 39% [2] - Cost of sales increased by about 6% year over year to $1,562 per ounce, while all-in-sustaining costs (AISC) rose 2% to $1,538 per ounce [2] Financial Position - At the end of the quarter, Barrick had cash and cash equivalents of $5,037 million, a 19% increase from the prior year [3] - Total debt remained flat year over year at $4,714 million [3] - Operating cash flow for the quarter was $2,422 million, with free cash flow at $1,479 million [3] Guidance - For 2025, Barrick anticipates attributable gold production in the range of 3.15-3.5 million ounces [4] - AISC is projected to be between $1,460 and $1,560 per ounce, with cash costs per ounce forecasted at $1,050-$1,130 [4] - The company expects copper production of 200,000-230,000 tons, with AISC of $2.80-$3.10 per pound [4] Capital Expenditures - Total attributable capital expenditures are projected to be in the range of $3,100-$3,600 million for 2025 [5] Industry Comparisons - Barrick currently holds a Zacks Rank 3 (Hold) [6] - Agnico Eagle Mines Limited reported adjusted earnings of $2.16 per share for Q3, up from $1.14 per share a year ago, with 2025 production expected between 3.35 million and 3.5 million ounces [6] - Kinross Gold Corporation reported adjusted earnings of 44 cents per share for Q3, exceeding the Zacks Consensus Estimate of 39 cents [7] - Newmont Corporation logged third-quarter adjusted earnings per share of $1.71, beating the Zacks Consensus Estimate of $1.29 [8]
Barrick Mining signals confidence after dividend hike, stock buyback: analysts
Proactiveinvestors NA· 2025-11-10 18:18
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Barrick Looks to Get Handle on North American Operations, Find Growth
WSJ· 2025-11-10 17:42
Core Insights - Barrick Mining is reassessing its core gold operations in Nevada to identify opportunities for production enhancement following the departure of its former chief executive [1] Company Actions - The company is actively seeking ways to boost production in its Nevada operations, indicating a strategic shift in management focus [1]
Barrick Mining beats profit estimates, hikes dividend despite Mali crisis and production dip
Invezz· 2025-11-10 16:45
Core Viewpoint - Barrick Mining announced an increase in its dividend and an expansion of its share buyback program following a quarterly profit that exceeded estimates [1] Group 1: Financial Performance - The company reported an adjusted quarterly profit that surpassed estimates [1] Group 2: Corporate Actions - Barrick Mining increased its dividend [1] - The company expanded its share buyback program [1]
Barrick reports record Q3 earnings and cash flow, boosts dividend 25%
KITCO· 2025-11-10 16:33
Core Insights - Barrick Gold reported a net income of $982 million, indicating a strong financial performance in the recent quarter [1][2]. Financial Performance - The reported net income of $982 million reflects significant profitability for Barrick Gold, showcasing its operational efficiency and market positioning [1][2]. Industry Context - The performance of Barrick Gold is indicative of broader trends in the gold mining industry, where companies are focusing on cost management and maximizing shareholder value amidst fluctuating gold prices [1][2].
美股异动 | 黄金股上涨 Barrick Mining(B.US)涨超6%
智通财经网· 2025-11-10 15:27
Group 1 - Gold stocks in the US market experienced significant gains, with Barrick Mining (B.US) rising over 6%, Pan American Silver (PAAS.US) increasing more than 5%, Newmont Corporation (NEM.US) up nearly 4%, and Coeur Mining (CDE.US) gaining over 3% [1] - Spot gold prices surged by 2.25%, approaching $4,100 [1]
Top Stocks With Earnings This Week: Plug, Oklo, Circle And More
Benzinga· 2025-11-10 13:38
Earnings Reports Overview - The earnings season is slowing down, but several retail-favorite companies are set to report this week [1] - Key companies reporting include Barrick Mining Corp., Plug Power Inc., Oklo Inc., Cisco Systems Inc., Walt Disney Co., and Applied Materials Inc. [2][3][5][10][11] Company-Specific Insights - Barrick Mining Corp. reported its third-quarter results before the market opened on November 10 [2] - Plug Power Inc. is expected to report losses of 12 cents per share and revenue of $179.54 million, having missed earnings expectations for the last 18 quarters [3] - Oklo Inc. is anticipated to report losses of 13 cents per share and revenue of $17.01 billion, with stock volatility noted ahead of the report [5] - Cisco Systems Inc. is expected to be a focal point for investors, particularly regarding management's guidance and updates on AI and cybersecurity business momentum [10] - Walt Disney Co. and JD.com Inc. will release earnings reports before the market opens on November 13 [11] - Applied Materials Inc. is set to release its Q4 results after the market closes on November 13 [11] Additional Companies Reporting - Other companies reporting this week include Workhorse Group Inc., Beyond Meat Inc., Microvision Inc., and Virgin Galactic Holdings Inc. [4][6][12]
金价飙升推动Q3现金流创新高,巴里克矿业(B.US)提高股息和回购
Zhi Tong Cai Jing· 2025-11-10 12:52
Core Viewpoint - Barrick Gold Corporation has increased its quarterly dividend and expanded its stock buyback program following a record surge in gold prices, despite slightly missing revenue and earnings expectations in Q3. Group 1: Financial Performance - Barrick Gold reported Q3 revenue of $4.15 billion, a year-over-year increase of 23.1%, but fell short of expectations by $210 million [1] - Non-GAAP earnings per share were $0.58, which was $0.03 below expectations [1] - The company generated a record free cash flow of $1.5 billion during the quarter [1] Group 2: Dividend and Buyback - The company raised its quarterly dividend by 25% to $0.125 per share and approved an additional "performance dividend" of $0.05 per share for the past three months [1] - Barrick also announced a new $500 million stock buyback plan, adding to the $1 billion already repurchased this year [1] Group 3: Production and Costs - In Q3, Barrick produced 829,000 ounces of gold, a 4% increase quarter-over-quarter, while copper production met expectations at 55,000 tons [1] - The cost of sales (COS) for gold was $1,562 per ounce, total cash costs (TCC) were $1,137 per ounce, and all-in sustaining costs (AISC) were $1,538 per ounce [1] Group 4: Leadership Focus - Following the sudden departure of former CEO Mark Bristow, interim CEO Mark Hill emphasized the company's focus on operational performance and shareholder value, particularly in its premier gold assets in Nevada and the Dominican Republic [2]
Barrick Reports Third Quarter 2025 Results
Globenewswire· 2025-11-10 11:00
Core Insights - Barrick Mining Corporation reported record adjusted net earnings and significant increases in operating and free cash flow for Q3 2025, driven by higher gold production, lower costs, and strong commodity prices [1][2][7] Financial Highlights - Barrick generated $4.1 billion in revenue for Q3 2025, a 23% increase from $3.4 billion in Q3 2024 [7][20] - Net earnings reached $1.3 billion ($0.76 per share), up 61% from $811 million in Q2 2025 and 170% from $483 million in Q3 2024 [7][20] - Adjusted net earnings were $982 million ($0.58 per share), a 23% increase from $800 million in Q2 2025 and an 86% increase from $529 million in Q3 2024 [7][20] - Operating cash flow was $2.4 billion, up 82% from $1.3 billion in Q2 2025, while free cash flow reached $1.5 billion, a 274% increase from $395 million in Q2 2025 [5][7] Operational Highlights - Gold production increased by 4% to 829,000 ounces compared to Q2 2025, with a cost of sales of $1,562 per ounce and all-in sustaining costs of $1,538 per ounce [3][20] - Copper production was 55,000 tonnes, in line with expectations, with a cost of sales of $2.68 per pound [4][20] - AISC margins for gold were 19% higher than the previous quarter, reflecting improved operational efficiency [3] Shareholder Returns - The Board approved a 25% increase in the base quarterly dividend to $0.125 per share, along with a performance dividend of $0.05 per share, totaling $0.175 for the current quarter [11][12] - Year-to-date share repurchases amounted to $1 billion, with an expansion of the buyback program by $500 million to a total of $1.5 billion [12][20] Key Growth Projects - The Fourmile project in Nevada is highlighted as one of the most significant gold discoveries of the century, with ongoing drilling expected to potentially double the existing resource [9][10] - The Reko Diq project is on schedule, with construction activities accelerating and project financing nearing completion [10] Safety and Operational Review - The company emphasized a renewed focus on safety and operational performance following recent fatalities, with ongoing investigations into the incidents [6][2] - An operational review is underway to enhance performance and shareholder value, particularly at Tier One gold assets [2][6]