Barrick Mining (B, Financial) has decided to exclude its Mali gold complex from its production targets for 2025. This decision comes amid a protracted two-year conflict concerning new mining regulations, according to several sources. The operations at the Loulo-Gounkoto gold site have been put on hold since January, following actions by the military-led government that stopped gold exports, detained staff, and confiscated three metric tons of inventory. This situation has significantly impacted Barrick's operations and future planning.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Barrick Mining Corp (B, Financial) is $24.76 with a high estimate of $31.50 and a low estimate of $21.00. The average target implies an upside of 22.22% from the current price of $20.26. More detailed estimate data can be found on the Barrick Mining Corp (B) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Barrick Mining Corp's (B, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Barrick Mining Corp (B, Financial) in one year is $23.92, suggesting a upside of 18.09% from the current price of $20.255. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Barrick Mining Corp (B) Summary page.
