Barrick Mining Posts 64.5% Q4 Revenue Gain, Analysts Lift Targets to $69.76
Barrick Mining Corporation grew Q4 fiscal 2025 revenue 64.5% year-over-year to $6 billion, beating estimates by $833 million, and delivered EPS of $1.04, topping consensus by $0.16. Production climbed 5% to 871,000 ounces, driving record net EPS of $1.43 and prompting analyst price targets up to $69.76.
1. Q4 Fiscal 2025 Performance
Barrick Mining Corporation reported a 64.5% year-over-year revenue increase to $6 billion in fiscal Q4, surpassing estimates by $833 million. The company delivered EPS of $1.04, topping consensus by $0.16, and achieved record net EPS of $1.43 as production rose 5% to 871,000 ounces.
2. Analyst Upgrades and Price Targets
Analysts lifted price targets to $60–$69.76, up from prior levels in the mid-$40s to $53, while maintaining Buy ratings. The revised targets imply more than 22% upside from current trading levels.
3. 2026 Production Guidance
Management projects 2026 production of 2.90–3.25 million ounces of gold and 190,000–220,000 tonnes of copper, indicating continued output growth and diversification in mineral resources.