Update shared on 26 Oct 2025
Fair value Increased 7.21%Barrick Mining's analyst price target has been raised from $48.36 to $51.84. This change reflects analysts' increased confidence in the company's improved revenue growth projections and higher expected profit margins.
What's in the News
- Newmont Corporation is reportedly evaluating possible transaction options to acquire full ownership of Barrick Mining’s Nevada gold assets. A potential bid for both Barrick’s joint venture stake and a broader takeover is under consideration (Bloomberg).
- Barrick Mining has appointed Mark Hill as Interim CEO, succeeding Mark Bristow, effective September 29, 2025. The Board is actively searching for a permanent President and CEO.
- The strategic alliance between Barrick Mining and Japan Gold Corp. will be terminated as of October 31, 2025. Barrick will no longer hold interests in Japan Gold’s portfolio. Japan Gold will continue to develop these projects independently.
- Barrick Mining’s Fourmile project in Nevada has been confirmed as a significant gold discovery, with plans to increase surface drilling and continue the ramp-up of production.
- For the second quarter of 2025, Barrick Mining reported gold production of 797,000 ounces and copper production of 59,000 tonnes.
Valuation Changes
- Consensus Analyst Price Target has risen from CA$48.36 to CA$51.84, reflecting a higher anticipated fair value for Barrick Mining shares.
- Discount Rate has fallen slightly from 6.79% to 6.79%, which indicates a marginal decrease in the perceived risk associated with future cash flows.
- Revenue Growth expectations have increased from 12.96% to 15.87%, suggesting analysts anticipate stronger future sales expansion.
- Net Profit Margin is now projected at 28.08%, up from 25.75%, which points to forecasts for improved operational efficiency and profitability.
- Future P/E ratio has decreased from 13.0x to 11.8x, indicating the stock may be considered more attractively valued relative to earnings projections.
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