Barrick Gold Maintained at Market Perform at BMO Ahead of Q1 Results; Price Target Kept at C$30.00

MT Newswires Live
04-24

BMO Capita Markets on Thursday reiterated its market-perform rating on the shares of Barrick Gold (ABX.TO, GOLD) and its C$30.00 price target ahead of the company's first-quarter results and after the sale of its stake in the Donlin gold project in Alaska.

"We adjusted down our estimate of ABX's Q1 attributable production from Nevada Gold Mines by 23koz (-6%) and increased our unit costs 11% to reflect updated Q1 results from JV partner NEM. We adjusted up our estimate of ABX's Q1 attributable Pueblo Viejo production by 22koz (+40%) again reflecting Q1 results from JV partner NEM. We expect improved results from these assets in Q2/25. We have also updated our model for the sale of Donlin and removed any Loulo-Gounkoto Q2/25 production from our model," analyst Matthew Murphy wrote.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 26.47, Change: -1.15, Percent Change: -4.16

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10