Barrick Mining Corporation

TSX:ABX Stock Report

Market Cap: CA$87.5b

Barrick Mining Dividends and Buybacks

Dividend criteria checks 4/6

Barrick Mining is a dividend paying company with a current yield of 1.91% that is well covered by earnings.

Key information

1.9%

Dividend yield

2.2%

Buyback Yield

Total Shareholder Yield4.1%
Future Dividend Yield4.3%
Dividend Growth15.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio16%

Recent dividend and buyback updates

Recent updates

Narrative Update Jul 08

ABX: Rich Multiple And Execution Risks Will Pressure Future Share Returns

The analyst price target for Barrick Mining has shifted from CA$33.69 to CA$32.46 as analysts update their assumptions around fair value, discount rates, revenue growth, profit margins and future P/E expectations. Analyst Commentary With the recent adjustment in the analyst price target for Barrick Mining to CA$32.46, recent commentary has focused on how valuation assumptions, execution risks and growth expectations line up with this updated view of fair value.
Narrative Update Jun 24

ABX: Buybacks And Reko Diq Reset Will Support Future Rerating Potential

Analysts have raised their fair value estimate for Barrick Mining to CA$98.54 from CA$96.49, citing slightly revised assumptions for the discount rate, revenue growth, profit margin, and future P/E ratio. These adjustments collectively support a higher long-term price target.
Narrative Update Jun 09

ABX: Buybacks And Portfolio Shift Will Support Future Rerating Potential

Analysts have increased their fair value estimate for Barrick Mining from CA$95.63 to CA$96.49, citing updated assumptions for revenue growth, discount rate, profit margin, and future P/E, as reflected in recent Street research. Analyst Commentary Recent Street research on peer companies such as Abacus Global highlights how bullish analysts tend to respond when they see strong execution or a valuation that still looks appealing after a period of gains.
Narrative Update May 26

ABX: Margin Execution And Buybacks Will Support Future Rerating Potential

Analysts have trimmed their average fair value estimate for Barrick Mining only slightly, to about CA$95.63 from CA$96.06. Updated assumptions reflect a somewhat higher discount rate and lower revenue growth expectations, partly offset by a stronger projected profit margin and a modestly lower future P/E multiple.
Analysis Article May 14

Barrick Mining Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

A week ago, Barrick Mining Corporation ( TSE:ABX ) came out with a strong set of first-quarter numbers that could...
Narrative Update May 02

ABX: Lower P/E Outlook And Asset Split Will Pressure Shares

Analysts have trimmed their fair value estimate for Barrick Mining from about CA$46.30 to roughly CA$33.69, reflecting updated assumptions around discount rates, revenue, profit margins and a lower future P/E multiple similar to recent price target resets seen across the sector. Analyst Commentary Recent bearish adjustments to fair value estimates for Barrick Mining echo a broader pattern of caution seen in other resource names.
Narrative Update Apr 18

ABX: Reko Diq Review And Project Delays Will Shape Future Upside

Analysts have raised their CA$ fair value estimate for Barrick Mining from about CA$65.36 to about CA$71.61, citing updated assumptions around discount rates, revenue growth, margins, and a slightly lower future P/E multiple that together support the higher price target. Analyst Commentary Analysts are updating their views on Barrick Mining in the context of broader sector research that has recently featured valuation resets and rating changes for peers.
Narrative Update Apr 03

ABX: Lower Margin Outlook And Business Split Will Pressure Shares

Analysts have trimmed their fair value estimate for Barrick Mining, cutting the implied price target from about CA$50.72 to roughly CA$46.30 as they factor in a slightly lower profit margin outlook, a more modest future P/E and updated expectations for revenue growth. Analyst Commentary Bearish analysts have recently become more cautious on mining and resource names, highlighting that sharp share price moves can quickly compress future return potential, even when company fundamentals are viewed as solid.
Narrative Update Mar 20

ABX: Future Asset Split And Buybacks Will Drive Rerating Potential

Analysts have trimmed their fair value estimate for Barrick Mining to CA$96.06 from CA$100.75, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E in a move similar in tone to recent valuation driven rating changes seen elsewhere on the Street. Analyst Commentary Recent trims to fair value for Barrick Mining come against a backdrop where valuation discipline is front and center across the market.
Narrative Update Mar 06

ABX: Planned Business Split Will Pressure Shares Despite Higher P/E Multiple

Analysts have adjusted their fair value estimate for Barrick Mining to CA$50.72 from CA$47.98, reflecting updated assumptions on revenue growth, profit margins, discount rates, and future P/E expectations. What's in the News Barrick Mining reported fourth quarter 2025 production of 871,000 ounces of gold and 62,000 tonnes of copper, and full year 2025 production of 3,255,000 ounces of gold and 220,000 tonnes of copper, compared with 3,911,000 ounces of gold and 195,000 tonnes of copper a year earlier (company announcement of operating results).
Narrative Update Feb 20

ABX: Planned Business Split And Rich P/E Will Pressure Shares

Analysts have lifted their CA$ fair value estimate for Barrick Mining to about CA$48 from roughly CA$42, pointing to updated assumptions that include a slightly higher discount rate, more moderate revenue growth and margins, and a higher future P/E multiple. What's in the News The board is exploring a potential split of the business, with plans to spin off Barrick's premier North American mining operations into a separate listed company, following pressure from activist investor Elliott Investment Management (company announcement).
Narrative Update Feb 05

ABX: Future Asset Split And New Leadership Will Drive Rerating Potential

Analysts have lifted their fair value estimate for Barrick Mining from US$80.05 to US$100.75, citing updated assumptions for discount rate, revenue growth, profit margins and future P/E as the key drivers behind the higher target. What's in the News Barrick issued production guidance for 2026, with expected gold output of 2.90 million to 3.25 million ounces and copper output of 190,000 to 220,000 tonnes (Corporate guidance).
Narrative Update Jan 22

ABX: Future Corporate Split Will Weigh On Shares Despite Stronger Outlook

Analysts have raised their price target on Barrick Mining from US$31.15 to US$42.23, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple as the key drivers of the revised outlook. What's in the News Barrick Mining plans a leadership change in the finance team, with board member Helen Cai set to become Chief Financial Officer on March 1, 2026, following the departure of current CFO Graham Shuttleworth after the 2025 year end results.
Narrative Update Jan 08

ABX: Future Corporate Split Plans Will Drive Rerating Potential

Analysts have lifted their price target on Barrick Mining by an implied 64% to approximately US$80. They point to updated assumptions around fair value, discount rate, revenue growth, profit margin and a higher future P/E multiple as key drivers of the change.
Narrative Update Dec 24

ABX: Activist Spin Off, Governance Shifts And Payout Actions Will Shape Outlook

Analysts have raised their price target on Barrick Mining by approximately 5 percent to about $65 per share, citing slightly lower discount rate assumptions along with modestly stronger expectations for revenue growth, profit margins, and a still attractive future P/E multiple. What's in the News Barrick has agreed to explore a potential spin off of its premier North American mining assets into a separately listed NewCo following pressure from activist investor Elliott Investment Management, targeting the company’s valuation gap and geopolitical risk profile (company announcement).
Narrative Update Dec 10

ABX: Activist-Led Split, Payout Moves And Leadership Change Will Shape Outlook

Analysts have modestly raised their price target on Barrick Mining to approximately $62 per share from about $59.50, citing slightly stronger expectations for revenue growth and valuation multiples, despite a marginally lower projected profit margin. What's in the News Barrick's board, under pressure from activist investor Elliott Investment Management, has approved exploring a major corporate split that would spin off its premier North American mining assets into a new listed company.
Analysis Article Nov 27

Earnings Tell The Story For Barrick Mining Corporation (TSE:ABX) As Its Stock Soars 29%

Despite an already strong run, Barrick Mining Corporation ( TSE:ABX ) shares have been powering on, with a gain of 29...
Narrative Update Nov 25

ABX: Settlement And Buybacks Will Shape Opportunities Amid Production Shifts

Analysts have increased their price target for Barrick Mining from $54.72 to $59.49. This change reflects improved profit margin forecasts as well as a slightly lower discount rate.
Narrative Update Nov 09

ABX: Future Nevada Developments And Acquisition Interest Will Drive Upside Potential

Analysts have raised their price target for Barrick Mining from $51.84 to $54.72. This reflects updated views on the company's future profitability and growth potential.
Narrative Update Oct 26

Major Gold Discovery And Leadership Transition Will Drive Future Opportunity

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.
Analysis Article Oct 21

Weekly Picks: 💻 A Hedge Against US Government Shutdown And 2 More Picks

This week’s picks cover: How UPS plans to cut costs and automate its way back to profitability, why Paradigm Biopharma could soar if its osteoarthritis drug wins FDA approval, and how Barrick Mining offers a hedge against U.S. fiscal chaos
Narrative Update Oct 12

Gold And Copper Capacity Expansion Will Capture Future Demand

Analysts have raised their price target for Barrick Mining from $45.53 to $48.36. They cite strengthened revenue growth forecasts and improved profit margins as key drivers for the upward revision.
New Narrative Sep 29

Barrick Mining (ABX:CA): A Gold Hedge against a U.S. Shutdown

Barrick looks undervalued at CAD 48.07 with fair value closer to CAD 55, as gold’s safe-haven role comes into focus with a looming U.S. shutdown. Introduction As investors brace for a likely U.S. government shutdown on October 1, gold is again in the spotlight as a hedge against political and financial instability.
Narrative Update Sep 28

Gold And Copper Capacity Expansion Will Capture Future Demand

Barrick Mining’s fair value has been revised upward as reflected by a higher Future P/E and only a marginal decline in net profit margin, resulting in a substantial increase in the consensus analyst price target from CA$38.37 to CA$45.53. What's in the News Barrick's Fourmile project in Nevada is emerging as a potential Tier One gold asset, with a new PEA indicating exceptional grades, scale, and low-cost, long-life production; significant expansion in exploration drilling is planned through 2028.
Narrative Update Sep 13

Gold And Copper Capacity Expansion Will Capture Future Demand

The consensus future P/E for Barrick Mining has increased substantially while revenue growth forecasts have edged lower, resulting in only a marginal upward revision in the fair value price target to CA$38.37. What's in the News Barrick provided 2025 production guidance of 3.15–3.5 million ounces of gold and 200,000–230,000 tonnes of copper.
Analysis Article Sep 03

Further Upside For Barrick Mining Corporation (TSE:ABX) Shares Could Introduce Price Risks After 26% Bounce

Barrick Mining Corporation ( TSE:ABX ) shares have continued their recent momentum with a 26% gain in the last month...
Narrative Update Aug 27

Gold And Copper Capacity Expansion Will Capture Future Demand

Barrick Mining’s future P/E ratio has increased significantly, indicating higher growth expectations or a more expensive valuation despite a decline in net profit margin, resulting in a nearly unchanged consensus analyst price target of CA$37.98. What's in the News Barrick Mining issued 2025 guidance with expected gold production of 3.15–3.5 million ounces and copper production of 200,000–230,000 tonnes.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ABX's dividend payments have been volatile in the past 10 years.

Growing Dividend: ABX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Barrick Mining Dividend Yield vs Market
How does ABX dividend yield compare to the market?
SegmentDividend Yield
Company (ABX)1.9%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.5%
Industry Average (Metals and Mining)1.6%
Analyst forecast (ABX) (up to 3 years)4.3%

Notable Dividend: ABX's dividend (1.91%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).

High Dividend: ABX's dividend (1.91%) is low compared to the top 25% of dividend payers in the Canadian market (5.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.9%), ABX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23.1%), ABX's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 04:14
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Barrick Mining Corporation is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
David ColemanArgus Research Company
Richard GrayATB Cormark