ABX—60

Barrick Mining Corp

GoldVerified

Score breakdown

Profitability+35Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion98AI synthesis40Observations23

Barrick Mining's capital structure is characterized by a debt-to-equity ratio of 0.2, indicating a relatively conservative leverage position [doc:HA-latest]. The company's liquidity is assessed as medium, with free cash flow of $4.64 billion and operating cash flow of $7.69 billion, but net cash is negative after subtracting total debt [doc:HA-latest]. The company's return on equity of 18.8% and return on assets of 9.68% suggest strong profitability relative to its equity and asset base [doc:HA-latest]. In terms of profitability, Barrick Mining's gross profit of $8.69 billion and operating income of $9.03 billion reflect a healthy margin structure. The company's net income of $4.99 billion indicates strong earnings performance. These figures align with the industry's preferred metrics of profitability and returns, suggesting that Barrick is performing in line with or above the industry median [doc:HA-latest]. Barrick's operations are spread across multiple geographic regions, with gold mines in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Papua New Guinea, Tanzania, and the United States, and copper mines in Zambia, Chile, and Saudi Arabia. The company's revenue is concentrated in these regions, with no specific segment breakdown provided, but the geographic diversity suggests a balanced exposure to different markets [doc:HA-latest]. The company's growth trajectory is supported by its current revenue of $16.96 billion. While specific growth projections for the next fiscal year are not provided, the company's strong cash flow and profitability suggest a stable growth outlook. The company's capital expenditure of $3.82 billion indicates ongoing investment in its operations, which is likely to support future growth [doc:HA-latest]. Barrick Mining's risk assessment indicates a medium liquidity risk and a low dilution risk. The company's key financial flags include a negative net cash position after subtracting total debt, which could affect its liquidity in the short term. However, the low dilution risk suggests that the company is not expected to issue a significant number of new shares in the near future, which is a positive sign for existing shareholders [doc:HA-latest]. Recent events and filings do not indicate any major changes in the company's operations or financial strategy. The company's strong analyst ratings, with a mean price target of $85.31 and a median price target of $86.00, suggest that the market has a positive outlook on the company's future performance. The mean recommendation of 1.79, with 5 strong-buy and 7 buy ratings, further supports this positive sentiment [doc:HA-latest].

30-day price · ABX+10.90 (+20.4%)

Low$52.00High$65.06Close$64.40As of11 May, 00:00 UTC

Profile

CompanyBarrick Mining Corp

TickerABX.TO

SectorBasic Materials

BusinessMineral Resources

Industry groupMineral Resources

IndustryGold

AI analysis

Business. Barrick Mining Corporation is a gold and copper producer engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development [doc:HA-latest].

Classification. Barrick Mining is classified under the Basic Materials economic sector, Mineral Resources business sector, and Gold industry, with a classification confidence of 0.92 [doc:verified market data].

Key takeaways

Barrick Mining has a strong profitability profile with a return on equity of 18.8% and a return on assets of 9.68%.
The company's capital structure is conservative, with a debt-to-equity ratio of 0.2.
Barrick's operations are geographically diverse, with gold and copper mines in multiple countries.
The company's liquidity is assessed as medium, with free cash flow of $4.64 billion and operating cash flow of $7.69 billion.
Analysts have a positive outlook on Barrick, with a mean price target of $85.31 and a median price target of $86.00.
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Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$16.96B

Gross profit$8.69B

Operating income$9.03B

Net income$4.99B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$7.69B

CapEx-$3.82B

Free cash flow$4.64B

Total assets$51.58B

Total liabilities$25.02B

Total equity$26.56B

Cash & equivalents—

Long-term debt$5.21B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$16.96B$9.03B$4.99B$4.64B

FY-1$12.92B$4.84B$2.14B$1.29B

FY-2$11.40B$2.98B$1.27B$212.0M

FY-3$11.01B$2.00B$432.0M-$979.0M

FY-4$11.98B$4.99B$2.02B$2.41B

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$51.58B$26.56B——

FY-1$47.63B$24.29B——

FY-2$45.81B$23.34B$0.00—

FY-3$45.97B$22.77B$3.0M—

FY-4$46.89B$23.86B$7.0M—

PeriodOCFCapExFCFSBC

FY0$7.69B-$3.82B$4.64B—

FY-1$4.49B-$3.17B$1.29B—

FY-2$3.73B-$3.09B$212.0M—

FY-3$3.48B-$3.05B-$979.0M—

FY-4$4.38B-$2.44B$2.41B—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$6.00B$4.07B$2.41B$2.41B

FQ-1$4.15B$2.42B$1.30B$1.17B

FQ-2$3.68B$1.42B$811.0M$588.0M

FQ-3$3.13B$1.12B$474.0M$183.0M

FQ-4$3.65B$1.95B$996.0M$608.0M

FQ-5$3.37B$1.11B$483.0M$347.0M

FQ-6$3.16B$1.09B$370.0M$120.0M

FQ-7$2.75B$692.0M$295.0M$58.0M

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$51.58B$26.56B$6.71B—

FQ-1$48.36B$25.15B$5.04B—

FQ-2$47.29B$24.83B$4.80B—

FQ-3$48.14B$24.45B$4.10B—

FQ-4$47.63B$24.29B$4.07B—

FQ-5$47.35B$23.83B$4.22B—

FQ-6$46.22B$23.62B$4.04B—

FQ-7$45.84B$23.46B$3.94B—

PeriodOCFCapExFCFSBC

FQ0$7.69B-$3.82B$2.41B—

FQ-1$4.96B-$2.71B$1.17B—

FQ-2$2.54B-$1.77B$588.0M—

FQ-3$1.21B-$837.0M$183.0M—

FQ-4$4.49B-$3.17B$608.0M—

FQ-5$3.10B-$2.28B$347.0M—

FQ-6$1.92B-$1.55B$120.0M—

FQ-7$760.0M-$728.0M$58.0M—

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$26.56B

Net cash-$5.21B

Current ratio—

Debt/Equity0.2

ROA9.7%

ROE18.8%

Cash conversion1.5%

CapEx/Revenue-22.5%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Mining · cohort 2 companies

MetricABXActivity

Op margin53.3%-2.9% medp25 -34.7% · p75 15.6%top quartile

Net margin29.4%1.2% medp25 -11.7% · p75 11.1%top quartile

Gross margin51.3%1.9% medp25 1.9% · p75 1.9%top quartile

R&D / revenue—0.5% medp25 0.4% · p75 0.5%

CapEx / revenue-22.5%43.7% medp25 27.1% · p75 60.2%bottom quartile

Debt / equity20.0%33.0% medp25 16.8% · p75 40.0%below median

Recent coverage

Recent coverage1 article(s) mentioning ABX.TO

2026-05-11Barrick Announces $3 Billion Share Buyback, Stock RisesThe move signals confidence in the company's financial position, though analysts remain cautious about long-term strategic direction.

Observations

IR observations

Mean price target85.31 USD

Median price target86.00 USD

High price target102.83 USD

Low price target70.00 USD

Mean recommendation1.79 (1=strong buy, 5=strong sell)

Strong-buy count5.00

Buy count7.00

Hold count2.00

Sell count0.00

Strong-sell count0.00

Mean EPS estimate3.69 USD

Last actual EPS2.42 USD

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-01 04:19 UTC#e77fab8b

Source: analysis-pipeline (hybrid)Generated: 2026-05-01 04:20 UTCJob: ccd8ade5