- Barrick Gold’s 2025 gold production forecast is between 3.15 million to 3.50 million ounces, missing the estimated 3.70 million ounces.
- The all-in sustaining cost per ounce of gold is expected to be between $1,460 and $1,560.
- Copper production is forecasted to be between 200,000 to 230,000 tonnes.
- Capital expenditure is projected at $3.10 billion to $3.60 billion, below the previous estimate of $4.42 billion.
- For the fourth quarter, adjusted earnings per share (EPS) were 46 cents compared to 27 cents the previous year, surpassing the estimated 42 cents.
- Revenue reached $3.65 billion, a 19% increase year-over-year, but short of the $3.95 billion estimate.
- The realized gold price per ounce was $2,657, which slightly exceeded estimates.
- Gold sales volume was 965,000 ounces, a 7.4% decrease from the previous year, missing the estimate of 1.01 million ounces.
- Gold production in the fourth quarter was 1.08 million ounces, exceeding the 1.05 million ounce estimate.
- Free cash flow amounted to $501.0 million, substantially up from $136 million the previous year, yet below the expected $590.2 million.
- North America and Africa and Middle East operations met their production guidance; the Latin America and Asia Pacific region fell slightly below due to slow ramp up at Pueblo Viejo.
- Pueblo Viejo plans further upgrades in 2025, beginning with a 35-day shutdown in the first quarter to improve throughput and recovery.
- A dividend of $0.10 per share was declared for the fourth quarter of 2024.
- A new program has been authorized for the repurchase of up to $1.0 billion of the Company’s outstanding common shares over the next 12 months.
- Analysts’ recommendations include 11 buys, 10 holds, and 0 sells on Barrick Gold’s stock.
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A look at Barrick Gold Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are optimistic about Barrick Gold Corporation’s long-term outlook as indicated by its favorable Smartkarma Smart Scores across key factors. With above-average scores in Value, and moderate scores in Dividend, Growth, Resilience, and Momentum, Barrick Gold appears to be well-positioned for sustained success.
Barrick Gold Corporation, an international gold company with operations across various continents, shows strength in multiple areas that are crucial for long-term growth and stability. Investors may find Barrick Gold an attractive option based on its strong value proposition, supported by its solid performance in dividend payments, growth potential, resilience to market fluctuations, and consistent momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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