Barrick Mining Exceeds Q1 Earnings Expectations with 67% Revenue Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2026
0mins
Source: seekingalpha
- Strong Performance: Barrick Mining reported a 67% year-over-year revenue increase in Q1 2026, exceeding market expectations by $380 million, showcasing robust operational capabilities that are likely to boost investor confidence further.
- Cash Flow Growth: Adjusted earnings per share surpassed analyst expectations by $0.17, with free cash flow increasing by 195%, indicating the company's excellent capital return strategy, which may attract more investor interest.
- Buyback Program: The announcement of a new $3 billion stock repurchase plan is expected to enhance earnings per share and strengthen shareholder returns, further solidifying its competitive position in the gold industry.
- IPO Prospects: The anticipated IPO of North American assets in 2026 is expected to unlock valuation premiums; although analysts remain cautious about the sustainability of current gold prices, this strategy could provide long-term growth potential for the company.
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Analyst Views on B
Wall Street analysts forecast B stock price to rise
17 Analyst Rating
15 Buy
2 Hold
0 Sell
Strong Buy
Current: 41.690
Low
44.31
Averages
58.14
High
71.00
Current: 41.690
Low
44.31
Averages
58.14
High
71.00
About B
Barrick Mining Corporation is a Canada-based gold and copper producing company, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are in Argentina, Canada, Cote d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Papua New Guinea, Tanzania and the United States. Its copper mines are in Zambia, Chile and Saudi Arabia. Its operations include Nevada Gold Mines, Bulyanhulu, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Veladero and Zaldivar. Its Bulyanhulu operation is in north-west Tanzania, over 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Jabal Sayid copper operation is located approximately 350 km north-east of Jeddah in the Kingdom of Saudi Arabia. The Lumwana copper mine is a conventional open pit operation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cash Flow Growth: Adjusted earnings per share surpassed analyst expectations by $0.17, with free cash flow increasing by 195%, indicating the company's excellent capital return strategy, which may attract more investor interest.
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See More
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