B

MKT CAP:$69B

Barrick Mining Corporation

Market Cap

$69B

Basic Materials·Gold·🇨🇦 Canada·NYSE

Materials·Gold·🇨🇦·NYSE

Stock Price

$41.09-$2.99 (-6.78%)

Apr 24, 2026

Company Details

Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. The company explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation ...

CEO

Mark F. Hill

IPO Date

Feb 13, 1985

Website

www.barrick.com

Key Metrics TTM

Revenue

$16.1B

— YoY

Net Income

$4.4B

EPS (Diluted)

$2.55

Free Cash Flow

$2.8B

Revenue / Share

$9.58

Gross Margin

47.1%

Operating Margin

41.9%

Net Margin

27.0%

FCF Margin

17.1%

P/S

4.3x

P/E

15.8x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Dec 31, 2025

$17.0B+31.2%EPS $2.93

Q4 2025

Dec 31, 2025

$6.0B+64.5%EPS $1.43

Q1 2025

Mar 31, 2025

$3.1B+13.9%EPS $0.27

FY 2024

Dec 31, 2024

$12.9B+13.4%EPS $1.22

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 24	$2.7B	$811M	$690M
Q2 24	$3.2B	$1.2B	$1.1B
Q3 24	$3.4B	$1.3B	$1.1B
Q4 24	$3.6B	$1.6B	$1.3B
Q1 25	$3.1B	$1.3B	$1.2B
Q4 25	$6.0B	$3.3B	$3.1B

Valuation

Quarter	P/S	P/E
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	2.1x	12.5x
Q1 25	2.5x	14.4x
Q4 25	4.6x	17.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 24	$760M	$32M
Q2 24	$1.2B	$340M
Q3 24	$1.2B	$444M
Q4 24	$1.4B	$501M
Q1 25	$1.2B	$375M
Q4 25	$2.6B	$1.4B

Capital Expenditures

Quarter	CapEx
Q1 24	$728M
Q2 24	$819M
Q3 24	$736M
Q4 24	$891M
Q1 25	$837M
Q4 25	$1.1B

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 25	+13.9%	-7.6%
Q4 25	+89.7%	+38.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 24	$13M	0.5%
Q2 24	$8M	0.3%
Q3 24	$50M	1.5%
Q4 24	-$3M	-0.1%
Q1 25	$42M	1.3%
Q4 25	-$167M	-2.8%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 24	—	$28M	—
Q2 24	—	$32M	—
Q3 24	—	$46M	—
Q4 24	$1M	$9M	—
Q1 25	—	$42M	—
Q4 25	—	$64M	$139M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$75M	$0	$75M
Q2 22	$72M	$0	$72M
Q3 22	$72M	$0	$72M
Q4 22	$77M	$0	$77M
Q1 23	$79M	$0	$79M
Q2 23	$75M	$0	$75M
Q3 23	$90M	$0	$90M
Q4 23	$90M	$0	$90M
Q1 24	$3.9B	$0	$3.9B
Q2 24	$4.0B	$0	$4.0B
Q3 24	$4.2B	$0	$4.2B
Q4 24	$4.1B	$0	$4.1B
Q1 25	$4.1B	$0	$4.1B
Q2 25	$4.8B	$0	$4.8B
Q3 25	$5.0B	$0	$5.0B
Q4 25	$6.7B	$0	$6.7B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 24	1.76B	—	—
Q2 24	1.75B	-0.1%	—
Q3 24	1.75B	-0.2%	—
Q4 24	1.74B	-0.8%	—
Q1 25	1.73B	-0.8%	-1.8%
Q4 25	1.68B	-2.4%	-4.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 24	$422.6K	7K
Q2 24	$486.5K	7K
Q3 24	$518.2K	7K
Q4 24	$560.8K	7K
Q1 25	$481.5K	7K
Q4 25	$922.6K	7K

Revenue / Employee