Barrick Gold Future Growth

Future criteria checks 2/6

Barrick Gold is forecast to grow earnings and revenue by 17.2% and 5.7% per annum respectively. EPS is expected to grow by 17.2% per annum. Return on equity is forecast to be 8.6% in 3 years.

Key information

17.2%

Earnings growth rate

17.2%

EPS growth rate

Metals and Mining earnings growth	29.7%
Revenue growth rate	5.7%
Future return on equity	8.6%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well

Mar 28

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 07

Barrick Gold (TSE:ABX) Has A Somewhat Strained Balance Sheet

Jul 17

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

May 08

Is Barrick Gold (TSE:ABX) Using Too Much Debt?

Apr 18

Barrick Gold Corporation's (TSE:ABX) Intrinsic Value Is Potentially 20% Below Its Share Price

Jan 10

Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

Dec 09

Earnings and Revenue Growth Forecasts

TSX:ABX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	14,163	2,523	2,364	5,399	8
12/31/2025	14,161	2,526	1,767	5,241	12
12/31/2024	12,690	1,892	1,104	4,447	12
12/31/2023	11,397	1,272	646	3,732	N/A
9/30/2023	11,112	58	414	3,530	N/A
6/30/2023	10,777	-69	21	3,161	N/A
3/31/2023	10,803	114	127	3,253	N/A
12/31/2022	11,013	432	432	3,481	N/A
9/30/2022	11,549	1,893	1,246	4,073	N/A
6/30/2022	11,848	1,999	1,761	4,365	N/A
3/31/2022	11,882	1,922	1,573	4,080	N/A
12/31/2021	11,985	2,022	1,943	4,378	N/A
9/30/2021	11,954	1,981	2,317	4,629	N/A
6/30/2021	12,668	2,516	3,147	5,438	N/A
3/31/2021	12,830	2,462	3,688	5,830	N/A
12/31/2020	12,595	2,324	3,363	5,417	N/A
9/30/2020	12,199	3,026	2,700	4,654	N/A
6/30/2020	11,337	4,421	1,891	3,799	N/A
3/31/2020	10,345	4,258	1,424	3,202	N/A
12/31/2019	9,717	3,969	1,132	2,833	N/A
9/30/2019	8,738	1,385	740	2,369	N/A
6/30/2019	7,897	-1,304	557	2,071	N/A
3/31/2019	7,546	-1,592	330	1,778	N/A
12/31/2018	7,243	-1,545	365	1,765	N/A
9/30/2018	7,567	-662	568	1,944	N/A
6/30/2018	7,723	-261	474	1,770	N/A
3/31/2018	8,171	917	689	2,077	N/A
12/31/2017	8,374	1,438	669	2,065	N/A
9/30/2017	8,465	2,177	N/A	2,186	N/A
6/30/2017	8,769	2,363	N/A	2,605	N/A
3/31/2017	8,621	1,417	N/A	2,684	N/A
12/31/2016	8,558	655	N/A	2,640	N/A
9/30/2016	8,477	-2,392	N/A	2,627	N/A
6/30/2016	8,495	-2,831	N/A	2,931	N/A
3/31/2016	8,714	-2,978	N/A	2,929	N/A
12/31/2015	9,029	-2,838	N/A	2,794	N/A
9/30/2015	9,301	-3,067	N/A	2,467	N/A
6/30/2015	9,610	-2,678	N/A	2,064	N/A
3/31/2015	9,837	-2,938	N/A	2,027	N/A
12/31/2014	10,239	-2,907	N/A	2,296	N/A
9/30/2014	10,671	-2,886	N/A	2,941	N/A
6/30/2014	11,032	-2,830	N/A	3,320	N/A
3/31/2014	11,775	-10,611	N/A	3,739	N/A
12/31/2013	12,527	-9,860	N/A	4,239	N/A
9/30/2013	13,734	-9,882	N/A	5,068	N/A
6/30/2013	14,148	-9,404	N/A	5,682	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABX's forecast earnings growth (17.2% per year) is above the savings rate (2%).

Earnings vs Market: ABX's earnings (17.2% per year) are forecast to grow faster than the Canadian market (12% per year).

High Growth Earnings: ABX's earnings are forecast to grow, but not significantly.

Revenue vs Market: ABX's revenue (5.7% per year) is forecast to grow slower than the Canadian market (6.6% per year).

High Growth Revenue: ABX's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ABX's Return on Equity is forecast to be low in 3 years time (8.6%).

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Barrick Gold Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 18%

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 13%

Consensus EPS estimates increase by 17%

Consensus EPS estimates increase by 14%

Consensus EPS estimates fall by 11%

Recent updates

Barrick Gold Corporation to Report Q1, 2024 Results on May 01, 2024

These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well

President recently bought CA$3.9m worth of stock

New minor risk - Insider selling

Barrick Gold's (TSE:ABX) Promising Earnings May Rest On Soft Foundations

Consensus EPS estimates fall by 18%

Fourth quarter dividend of US$0.10 announced

Full year 2023 earnings: EPS misses analyst expectations

Barrick Gold Corporation (TSX:ABX) announces an Equity Buyback for $1,000 million worth of its shares.

Barrick Gold Corporation Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023

Pinning Down Barrick Gold Corporation's (TSE:ABX) P/S Is Difficult Right Now

Barrick Gold Corporation, Annual General Meeting, Apr 30, 2024

Barrick's Lumwana Super Pit Project on Track for First Production in 2028

Barrick Gold Corporation's North Mara and Bulyanhulu Gold Mines Achieves Their Production Guidance for 2023

Barrick Gold Corporation Reportedly Sounds Out First Quantum Holders on Possible Bid

A Look At The Fair Value Of Barrick Gold Corporation (TSE:ABX)

The Quebec Court of Appeal Authorizes A Class Action Under the Securities Act Against Barrick Gold Corporation and Two of Its Former Officers

Barrick Gold Corporation to Report Q4, 2023 Results on Feb 14, 2024

Barrick Gold Corporation Approves Nevada Gold Mines' Plan of Operations for Its New Goldrush Underground Mine At the Cortez Complex Near Beowawe, Nevada

Barrick Gold Corporation Announces Porgera Mine Set to Restate Production

Senior EVP & CFO recently sold CA$2.9m worth of stock

President recently bought CA$2.4m worth of stock

Upcoming dividend of US$0.10 per share at 2.5% yield

Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

Consensus EPS estimates fall by 12%

Insufficient new directors

Barrick Gold Corporation Declares A Dividend for the Third Quarter of 2023, Payable on December 15, 2023

Barrick Gold Corporation Commences Phase Two Drilling At Precipitate's Pueblo Grande Project, Dominican Republic

Barrick Gold Corporation Declares a Dividend for the Second Quarter of 2023, Payable on September 15, 2023

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

Barrick Gold Corporation Targets 2028 for First Production from Reko Diq

Barrick Gold (TSE:ABX) Has A Somewhat Strained Balance Sheet

Alexco Resource Corp. completed the acquisition of ATAC Resources Ltd. (TSXV:ATC) from Barrick Gold Corporation (TSX:ABX) and others.

Barrick Gold Corporation Set to Roll Out New 10-Year Plan on Back of Production Ramp-Up and Reserve Replacement

Senior EVP & CFO recently sold CA$2.7m worth of stock

Latin Metals Inc. Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina

New minor risk - Insider selling

President recently sold CA$4.9m worth of stock

Barrick Gold Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.10 per share at 3.6% yield

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

Barrick Gold Corporation Declares First Quarter Dividend of 2023, to Be Paid on June 15, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 13%

Is Barrick Gold (TSE:ABX) Using Too Much Debt?

Consensus EPS estimates increase by 17%

Consensus EPS estimates increase by 14%

Now 20% undervalued after recent price drop

President recently bought CA$4.4m worth of stock

Consensus EPS estimates fall by 11%

Upcoming dividend of US$0.10 per share at 3.9% yield

Barrick Gold Corporation (TSX:ABX) announces an Equity Buyback for $1,000 million worth of its shares.

Full year 2022 earnings: EPS misses analyst expectations

Barrick Gold Corporation Grows Attributable Proven and Probable Gold Mineral Reserves by 6.7 Million Ounces Net of Depletion in 2022

Barrick Gold Corporation, Annual General Meeting, May 02, 2023

Barrick’S Tanzanian Assets Deliver Record Production and Create Long-Term Value

Barrick Gold Corporation Explores for Both High Sulphidation Epithermal Gold and Concealed Copper-Gold Porphyry Style Mineralization At Precipitate's Pueblo Grande Project, Dominican Republic

Barrick Gold Corporation to Report Q4, 2022 Results on Feb 15, 2023

Barrick Gold Corporation's (TSE:ABX) Intrinsic Value Is Potentially 20% Below Its Share Price

Insider recently bought CA$704k worth of stock

Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

President recently bought CA$4.0m worth of stock

Montage Gold Corp. (TSXV:MAU) completed the acquisition of Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV).

Upcoming dividend of US$0.15 per share

Insufficient new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Barrick Gold Corporation Declares Dividend for the Third Quarter of 2022, Payable on December 15, 2022

Earnings and Revenue Growth Forecasts