
Sector: Gold mining
Geography: Canada, USA, Argentina, Zambia
COMM_B
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/B
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB USD | Operating profitB USD | D&AB USD | EBITDAB USD | Net profitB USD | Operating CFB USD | Capex + M&AB USD | AssetsB USD | EquityB USD | ROE (annualized) | Net debtB USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 5.2 y/y 66.7% | 3.0 y/y 141.2% | 0.5 y/y 21.7% | 3.5 y/y 111.3% | 1.6 y/y 238.0% | 2.6 | -1.0 | 52.6 y/y 9.2% | 27.3 y/y 11.8% | 23.8% | -2.4 | Link |
| 2025-12-31 | Q4 2025 (3M) | PARTIAL | 6.0 y/y 64.5% | 3.0 y/y 53.9% | 0.6 y/y 23.8% | 3.6 y/y 47.9% | 2.4 y/y 102.7% | 2.7 | -1.1 | 51.6 y/y 8.3% | 26.6 y/y 9.3% | 27.7% | -2.0 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 4.1 y/y 23.2% | 2.1 y/y 88.3% | 0.5 y/y -3.6% | 2.5 y/y 60.7% | 1.3 y/y 66.9% | 2.4 | -0.9 | 48.4 y/y 2.1% | 25.1 y/y -23.5% | 6.9% | -0.3 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 3.7 y/y 16.4% | 1.7 y/y 54.8% | 0.4 y/y -9.2% | 2.1 y/y 35.2% | 0.8 y/y 27.9% | 1.3 | -0.9 | 47.3 y/y 2.3% | 24.8 y/y -23.6% | 13.2% | -0.1 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 3.1 y/y 13.9% | 1.2 y/y 77.7% | 0.4 y/y -13.3% | 1.6 y/y 40.7% | 0.5 y/y -2.7% | 1.2 | -0.8 | 48.1 y/y 5.0% | 24.4 y/y -24.1% | 7.8% | 0.6 | Link |
| 2024-12-31 | Q4 2024 (3M) | PARTIAL | 3.6 y/y 19.2% | 1.9 y/y 147.6% | 0.5 y/y -14.2% | 2.4 y/y 80.1% | 1.2 y/y 98.8% | 1.4 | -0.9 | 47.6 y/y 4.0% | 24.3 y/y 4.1% | 10.8% | 0.7 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 3.4 y/y 17.7% | 1.1 y/y 29.5% | 0.5 y/y -5.4% | 1.6 y/y 16.6% | 0.8 y/y 33.3% | 1.2 | -0.7 | 47.4 y/y 3.9% | 32.9 y/y 3.8% | 3.2% | — | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 3.2 y/y 11.6% | 1.1 y/y 34.8% | 0.5 y/y 0.0% | 1.6 y/y 21.9% | 0.6 y/y 26.3% | 1.2 | -0.8 | 46.2 y/y 2.1% | 32.5 y/y 3.2% | 7.8% | — | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 2.7 y/y — | 0.7 y/y — | 0.5 y/y — | 1.2 y/y — | 0.5 y/y — | 0.8 | -0.7 | 45.8 y/y — | 32.2 y/y — | 7.0% | — | Link |
| 2023-12-31 | Q4 2023 (3M) | PARTIAL | 3.1 y/y — | 0.8 y/y — | 0.6 y/y — | 1.4 y/y — | 0.6 y/y — | 1.0 | -0.9 | 45.8 y/y — | 23.3 y/y — | 7.1% | 0.6 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 2.9 y/y — | 0.9 y/y — | 0.5 y/y — | 1.4 y/y — | 0.6 y/y — | 1.1 | -0.8 | 45.6 y/y — | 31.7 y/y — | 2.5% | — | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 2.8 y/y — | 0.8 y/y — | 0.5 y/y — | 1.3 y/y — | 0.5 y/y — | 0.8 | -0.8 | 45.3 y/y — | 31.5 y/y — | — | — | Link |
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Physical operating metrics — supplementary, not part of the financial statements
Gold
| Year | Reserves, million ounces |
|---|---|
| 2023 | 76.80 |
| Year | Production, million ounces |
|---|---|
| 2024 | 3.91 −3.5% |
| 2023 | 4.05 −2.2% |
| 2022 | 4.14 −6.8% |
| 2021 | 4.44 |
Barrick attributable gold production; P&P reserves end-2023 (curated from company production reports).
Current 4 050spot vs LTM -5%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: -7.1% ▼ -0.5 pp 1d
Main driver: Gold -5% vs LTM; revenue ×0.98 vs costs ×1.04; EBITDA 13 263→10 644; at 5.1× EV/EBITDA → -7%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | 3y vs LTM |
|---|---|---|---|---|---|---|
| Gold (rev) | +86% | 4 050.27 | 4 246.02 | 3 189.61 | -5% | -25% |
| Copper (rev) | +14% | 13 996.90 | 12 244.66 | 10 743.46 | +14% | -12% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 19 044 |
| LTM EBITDA | 13 263 |
| LTM cash costs (revenue − EBITDA) | 5 781 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×0.980 (-2%) |
| = Spot revenue | 18 670 |
| Revenue multiplier — 3y price | ×0.769 (-23%) |
| = 3-year-price revenue | 14 642 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 6 012 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 6 012 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 12 658 |
| = 3-year-price EBITDA | 8 629 |
| Conservative EBITDA = min(spot, avg) | 10 644 |
| 5 · Valuation → target market cap | |
| Historical EV/projected-EBITDA (75th pct) | 5.1x |
| Target EV = EV/EBITDA × conservative EBITDA | 53 858 |
| Net debt | -2 405 |
| Target market cap = EV − net debt | 57 845 |
| Current market cap | 62 256 |
Upside = target market cap ÷ current − 1 = -7.1%
Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2024 Q2 | 3 162 | 3 379 | -6.4% | 1 572 | 1 755 | -10.4% |
| 2024 Q3 | 3 368 | 3 477 | -3.1% | 1 584 | 1 842 | -14.0% |
| 2024 Q4 | 3 645 | 3 631 | +0.4% | 2 433 | 1 924 | +26.5% |
| 2025 Q1 | 3 130 | 3 806 | -17.8% | 1 587 | 2 226 | -28.7% |
| 2025 Q2 | 3 681 | 4 139 | -11.1% | 1 852 | 2 569 | -27.9% |
| 2025 Q3 | 4 148 | 4 172 | -0.6% | 2 940 | 2 540 | +15.7% |
| 2025 Q4 | 5 997 | 4 828 | +24.2% | 4 643 | 3 344 | +38.8% |
| 2026 Q1 | 5 218 | 5 842 | -10.7% | 3 828 | 4 321 | -11.4% |
Projected EV/EBITDA 3.5x · target 75th pct (3y) 5.1x · LTM avg 6.2x
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-05-29 | 0.175 USD | Ex-dividend: 0.175 USD per share | Paid | Yahoo Finance (ex-div) |
| 2026-02-27 | 0.42 USD | Ex-dividend: 0.42 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-11-28 | 0.175 USD | Ex-dividend: 0.175 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-08-29 | 0.15 USD | Ex-dividend: 0.15 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-05-30 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-02-28 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-11-29 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-08-30 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-05-31 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-02-28 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-11-29 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-08-30 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-05-30 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-02-27 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-11-29 | 0.15 USD | Ex-dividend: 0.15 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-08-30 | 0.2 USD | Ex-dividend: 0.2 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-05-26 | 0.2 USD | Ex-dividend: 0.2 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-02-25 | 0.1 USD | Ex-dividend: 0.1 USD per share | Paid | Yahoo Finance (ex-div) |
| 2021-11-29 | 0.23 USD | Ex-dividend: 0.23 USD per share | Paid | Yahoo Finance (ex-div) |
| 2021-08-30 | 0.23 USD | Ex-dividend: 0.23 USD per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Barrick Mining Corporation — from primary filings.
Barrick Mining Corporation explores, develops, produces, and sells mineral properties, primarily focusing on gold, copper, silver, and energy materials.