BARRICK GOLD CORP (B) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does BARRICK GOLD CORP Do?
Barrick Gold Corporation engages in the exploration and development of mineral properties in the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. It primarily explores for gold, copper, and nickel deposits. The company's principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, and Veladero. As of December 31, 2016, it had proven and probable gold reserves of 85.9 million ounces; and 11.1 proven and probable copper reserves of billion pounds. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD CORP (B) is classified as a large-cap stock in the Materials sector, specifically within the Precious Metals industry. The company is led by CEO Dennis M. Bristow and employs approximately 21,300 people, headquartered in Toronto, Ontario. With a market capitalization of $70.7B, B is one of the prominent companies in the Materials sector.
BARRICK GOLD CORP (B) Stock Rating — Hold (April 2026)
As of April 2026, BARRICK GOLD CORP receives a Hold rating with a composite score of 56.3/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.B ranks #1,025 out of 4,446 stocks in our coverage universe. Within the Materials sector, BARRICK GOLD CORP ranks #64 of 284 stocks, placing it in the top quartile of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
B Stock Price and 52-Week Range
BARRICK GOLD CORP (B) currently trades at $43.60. The stock gained $1.17 (2.8%) in the most recent trading session. The 52-week high for B is $54.69, which means the stock is currently trading -20.3% from its annual peak. The 52-week low is $17.00, putting the stock 156.5% above its annual trough. Recent trading volume was 9.7M shares, reflecting moderate market activity.
Is B Overvalued or Undervalued? — Valuation Analysis
BARRICK GOLD CORP (B) carries a value factor score of 77/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The price-to-book ratio stands at 2.85x, versus the sector average of 2.83x. The price-to-sales ratio is 44.39x, compared to 0.74x for the average Materials stock. On an enterprise value basis, B trades at 782.97x EV/EBITDA, versus 6.01x for the sector.
Based on these multiples, BARRICK GOLD CORP appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
BARRICK GOLD CORP Profitability — ROE, Margins, and Quality Score
BARRICK GOLD CORP (B) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -0.3%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -0.1% versus the sector average of 0.6%.
On a margin basis, BARRICK GOLD CORP reports gross margins of 31.4%, compared to 29.8% for the sector. The operating margin is 5.6% (sector: 6.0%). Net profit margin stands at -4.6%, versus 3.0% for the average Materials stock. Revenue growth is running at 14.4% on a trailing basis, compared to 1.8% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
B Debt, Balance Sheet, and Financial Health
BARRICK GOLD CORP has a debt-to-equity ratio of 19.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $4.73B. Cash and equivalents stand at $4.07B.
B has a beta of 0.62, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for BARRICK GOLD CORP is 63/100, reflecting average volatility within the normal range for its sector.
BARRICK GOLD CORP Revenue and Earnings History — Quarterly Trend
In TTM 2026, BARRICK GOLD CORP reported revenue of $1.56B. Net income for the quarter was $-69M. Gross margin was 31.4%. Operating income came in at $89M.
In FY 2024, BARRICK GOLD CORP reported revenue of $12.92B. Net income for the quarter was $3.09B. Gross margin was 38.4%. Revenue grew 790.6% year-over-year compared to FY 2023. Operating income came in at $4.63B.
In Q3 2024, BARRICK GOLD CORP reported revenue of $388M and earnings per share (EPS) of $-0.04. Net income for the quarter was $-2M. Gross margin was 33.1%. Revenue grew 7.4% year-over-year compared to Q3 2023. Operating income came in at $42M.
In Q2 2024, BARRICK GOLD CORP reported revenue of $382M and earnings per share (EPS) of $-0.91. Net income for the quarter was $-47M. Gross margin was 32.5%. Revenue grew 12.8% year-over-year compared to Q2 2023. Operating income came in at $-2M.
Over the past 8 quarters, BARRICK GOLD CORP has demonstrated a growth trajectory, with revenue expanding from $339M to $1.56B. Investors analyzing B stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
B Dividend Yield and Income Analysis
BARRICK GOLD CORP (B) currently pays a dividend yield of 1.6%. At this yield, a $10,000 investment in B stock would generate approximately $$158.00 in annual dividend income. This compares to the Materials sector average dividend yield of 0.5%, meaning B offers above-average income for its sector.
B Momentum and Technical Analysis Profile
BARRICK GOLD CORP (B) has a momentum factor score of 65/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 35/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 38/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
B vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, BARRICK GOLD CORP (B) ranks #64 out of 284 stocks based on the Blank Capital composite score. This places B in the top quartile of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing B against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full B vs S&P 500 (SPY) comparison to assess how BARRICK GOLD CORP stacks up against the broader market across all factor dimensions.
B Next Earnings Date
No upcoming earnings date has been announced for BARRICK GOLD CORP (B) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy B? — Investment Thesis Summary
BARRICK GOLD CORP presents a balanced picture with arguments on both sides. The value score of 77/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 65/100, suggesting the trend favors buyers. Low volatility (stability score 63/100) reduces downside risk.
In summary, BARRICK GOLD CORP (B) earns a Hold rating with a composite score of 56.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on B stock.
Related Resources for B Investors
Explore more research and tools: B vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare B head-to-head with peers: B vs CF, B vs NTR, B vs UAN.