Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. The company explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining Corporation in May 2025. Barrick Mining Corporation was founded in 1983 and is based in Toronto, Canada.
Gold Giant's Hurdles | Barrick Gold faces production challenges in Q1 and Q2 2024, with notable misses at key mines, while demonstrating improved cost control measures |
Resilient Outlook | Despite setbacks, Barrick maintains full-year guidance, projecting significant improvements in H2 2024 and expressing confidence in long-term growth prospects |
Market Dynamics | Explore potential doubling of gold demand in China and geopolitical factors that could support gold prices, benefiting major producers like Barrick |
Analyst Perspectives | BMO Capital Markets maintains an Outperform rating with a $26.00 price target, reflecting cautious optimism about Barrick's future performance |
Metrics to compare | B | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipBPeersSector | |
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P/E Ratio | 13.4x | 11.3x | 1.2x | |
PEG Ratio | 0.22 | 0.02 | 0.00 | |
Price/Book | 1.3x | 1.7x | 1.6x | |
Price / LTM Sales | 2.3x | 2.0x | 1.2x | |
Upside (Analyst Target) | 31.7% | 30.1% | 27.8% | |
Fair Value Upside | Unlock | 20.3% | 3.3% | Unlock |