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Why Barrick Gold Corp stock is sliding today

By Wealth Awesome -

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Stocks & ETFs:ABX.TO

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Barrick Gold Corp is facing a significant setback in today's trading session, with shares down nearly 3%.

In today's trading session, Barrick Gold Corp (ABX.TO) is experiencing a notable decline, with its stock price falling by 2.86%. This drop comes amid broader concerns in the gold market, as investors grapple with fluctuating gold prices and rising costs in the mining sector.

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Barrick Gold Corp

ABX.TO

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ABX.TO

Barrick Gold Corp

Source:WealthAwesomeWealthAwesome
↑ $1.81 (3.12%)
120 day period
$48.92$58.25$67.58Apr 2Jun 29Sep 23

Market cap

$98.51B

P/E

11.1x

Div. yield

1.05%

Div. / share

$0.65

52W high

$72.80

52W low

$41.75

1W change

+0.64%

Beta

1.15

Analyst Price Targets

Based on analyst covering ABX · as of Sep 24, 2026

📈

Wall Street analysts forecast ABX stock price to rise 10.6% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$66.17

+10.6% Upside

Previously C$66.02 on Sep 23, 2026

Current Price

C$59.85

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ABX's historical volatility

HistoricalForecast68%95%
C$43.27C$58.26C$73.25C$88.24C$103.22C$118.21TodayMay 15Jul 21Sep 23Nov 5Dec 19Jan 31

30-Day Vol

39.5%

Annualized

90-Day Vol

45.7%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$71.55

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$63.52C$55.42 – C$72.80
60 trading daysC$67.42C$55.59 – C$81.76
90 trading daysC$71.55C$56.50 – C$90.62

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: Investors should closely monitor Barrick's operational costs and production forecasts, as these factors are pivotal in navigating the current market volatility.

Barrick Gold Corp shares down 2.86% today

The stock's decline reflects ongoing pressures in the gold market, compounded by rising operational costs.

Bull case

Barrick Gold has strong production capabilities and solid cash flow, which could help it weather the current downturn and take advantage of future recoveries in gold prices.

Bear case

The ongoing increase in operational costs and the recent decline in gold prices could pressure Barrick's profit margins, leading to further weakness in its stock price.

Market Overview

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Today, Barrick Gold's stock price has dropped to CA$60.04, reflecting a broader trend affecting gold miners as they navigate fluctuating commodity prices and rising operational costs. This decline in share price is particularly concerning given the recent pressures on gold prices, which have seen significant volatility.

Operational Challenges

Barrick Gold is currently facing increased operational costs, with total cash costs per ounce of gold rising significantly. This trend could impact profit margins and investor sentiment, especially as the company aims to maintain production levels amid these challenges. Investors should keep an eye on how these costs evolve in future quarters.

Investor Considerations

For investors in Barrick Gold, the current stock slide serves as a reminder of the inherent risks in the gold mining sector. With gold prices under pressure and operational costs on the rise, it’s crucial to assess how these factors may influence Barrick’s long-term growth prospects and overall financial health.


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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 23, 2026
Last Updated: September 24, 2026

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