- Scotiabank sets a price target of $26 for Barrick Mining, indicating an 8.31% potential increase.
- Earnings for 2025 are expected to grow by 55.6%, showcasing the company’s strong growth potential.
- Market volatility has not deterred investor interest, with Barrick’s stock showing significant trading activity.
Barrick Mining (NYSE:GOLD) is a leading global mining company known for its gold and copper production. The company operates in various regions, including North America, South America, and Africa. Barrick competes with other major mining companies like Newmont Corporation and AngloGold Ashanti. On August 13, 2025, Tanya Jakusconek from Scotiabank set a price target of $26 for Barrick, suggesting an 8.31% potential increase from its current price of $24.
Barrick’s broker rating has increased by 5.9%, indicating positive sentiment from analysts. The company’s 2025 earnings are expected to grow by 55.6% compared to the previous year. This growth potential aligns with the price target set by Scotiabank, highlighting the stock’s attractiveness for investors seeking strong returns.
The stock is currently priced at $24.01, reflecting a 2.15% increase or $0.51. It has fluctuated between $23.56 and $24.15 today, with $24.15 being its highest price over the past year. The lowest price in the past year was $15.11, showcasing significant volatility in the stock market.
Barrick’s market capitalization stands at approximately $41.28 billion, indicating its substantial presence in the mining industry. The trading volume for the stock today is 7.2 million shares, reflecting active investor interest. Despite market volatility due to tariff-related challenges, Barrick’s upgraded broker rating and earnings growth potential make it a compelling choice for investors.
