Barrick Gold (GOLD) Rises Yet Lags Behind Market: Some Facts Worth Knowing
From Nasdaq: 2025-05-02 17:45:00
In the latest trading session, Barrick Gold (GOLD) closed at $18.41, up by +0.22%. This change was lower than the S&P 500’s gain of 1.47%. Analysts are watching the company’s upcoming earnings report on May 7, 2025, with projected EPS of $0.29, indicating a 52.63% increase from the previous year.
Barrick Gold’s estimated earnings for the fiscal year are $1.66 per share, with a revenue of $14.97 billion, reflecting +31.75% and +15.86% changes, respectively. Analysts’ projections are crucial, as they impact stock performance. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), currently rates Barrick Gold at #3 (Hold).
Currently trading at a Forward P/E ratio of 11.07, Barrick Gold shows a discount compared to the industry average of 13.23. The PEG ratio stands at 0.33, lower than the industry average of 0.58. The Mining – Gold industry belongs to the Basic Materials sector, with a Zacks Industry Rank of 59, in the top 24% of all industries.
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