Top Wall Street Forecasters Revamp Barrick Mining Expectations Ahead Of Q3 Earnings - Barrick Mining (NYSE:B)
Barnes Barnes (US:B) Benzinga·2025-11-10 07:25

Earnings Report - Barrick Mining Corporation is set to release its third-quarter earnings results on November 10, with analysts expecting earnings of 61 cents per share, an increase from 30 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $4.36 billion, compared to $3.37 billion a year earlier [1] Recent Developments - Barrick Mining has completed the divestiture of the Alturas Project in Chile to Boroo Pte. Ltd for an up-front cash payment of $50 million [2] - Following the announcement, shares of Barrick Mining rose by 1.7%, closing at $33.09 [2] Analyst Ratings - RBC Capital analyst Josh Wolfson maintained an Outperform rating and increased the price target from $38 to $40 [5] - Scotiabank analyst Tanya Jakusconek upgraded the stock from Sector Perform to Sector Outperform, raising the price target from $27.5 to $43 [5] - UBS analyst Myles Walton maintained a Buy rating and boosted the price target from $35 to $39 [5] - CIBC analyst Anita Soni maintained an Outperformer rating and increased the price target from $38 to $50 [5] - Raymond James analyst Brian MacArthur maintained an Outperform rating and raised the price target from $32 to $36 [5]

Barnes -Top Wall Street Forecasters Revamp Barrick Mining Expectations Ahead Of Q3 Earnings - Barrick Mining (NYSE:B) - Reportify