This move is archived. Current quotes and coverage live on the stock page.
Follow ABX
Barrick Gold Corp's stock surged after a strong quarterly earnings report, reflecting solid performance amid rising gold prices.
Barrick Gold Corp (ABX.TO) saw its stock price rise by 2.97% during yesterday's trading session. This increase is linked to the company's impressive Q2 earnings, which exceeded market expectations and showed significant growth in profits and sales.
Advertisement
Barrick Gold Corp
ABX.TO
ABX.TO
Barrick Gold Corp
WealthAwesomeMarket cap
$95.25B
P/E
10.6x
Div. yield
1.11%
Div. / share
$0.65
52W high
$72.80
52W low
$41.75
1W change
-3.31%
Beta
1.15
Analyst Price Targets
Based on analyst covering ABX · as of Oct 1, 2026
Wall Street analysts forecast ABX stock price to rise 16.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$67.15
+16.0% Upside
Previously C$66.92 on Sep 30, 2026
Current Price
C$57.87
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ABX's historical volatility
30-Day Vol
40.4%
Annualized
90-Day Vol
45.1%
Annualized
Trend (90d)
+27.4%
Annualized drift
90d Mean
C$63.83
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$59.79 | C$52.02 – C$68.73 |
| 60 trading days | C$61.78 | C$50.73 – C$75.23 |
| 90 trading days | C$63.83 | C$50.15 – C$81.24 |
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.
Advertisement
Investor takeaway: Investors should pay attention to Barrick's strong financial results and its ability to take advantage of rising gold prices, suggesting a positive outlook for the company's future.
Barrick's Q2 EPS Surged by 50%
Barrick Gold reported profits of $1,217 million, or 73 cents per share, for Q2 2026, significantly exceeding expectations and demonstrating strong operational performance.
Bull case
The company's earnings per share (EPS) jumped by 50% year-over-year, highlighting Barrick's operational efficiency and solid market position. With gold prices rising, Barrick is well-positioned to benefit from increased revenues in the upcoming quarters.
Bear case
Despite the positive earnings report, Barrick has a Zacks Rank of #4 (Sell), indicating potential challenges in the market. Investors should stay cautious and consider the overall volatility in the gold sector.
Earnings Highlights
Advertisement
Barrick Gold's Q2 earnings report showed a profit of $1,217 million, or 73 cents per share, marking a 50% increase from the previous year. This performance surpassed the Zacks Consensus Estimate of 81 cents, demonstrating the company's ability to capitalize on higher gold prices, which averaged $4,417 per ounce during the quarter.
Market Reaction
After the earnings announcement, Barrick's stock price rose by 2.97%, reflecting investor confidence in the company's operational efficiency and growth potential. The market's positive sentiment was further supported by Barrick's strong cash position, with cash and cash equivalents reaching $5,927 million.
Future Outlook
Looking ahead, Barrick Gold expects attributable gold production between 2.9 to 3.25 million ounces for 2026. With a projected all-in sustaining cost (AISC) of $1,760 to $1,950 per ounce, the company remains well-positioned to navigate the fluctuating gold market and deliver value to its shareholders.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Gold ETFs
Best gold ETFs in Canada
If this story is about gold, compare CGL, VALT, KILO, and miner ETFs.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ 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.
⚠️ 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.
