GET DAILY SIGNALSBarrick Mining (ABX) Q3 2026 Earnings Preview: +35% EPS Growth in Focus
Key Takeaways
- Barrick Mining (ABX) is scheduled to report third-quarter 2026 results before the market opens on Monday, November 9, 2026.
- Consensus estimates point to earnings per share (EPS) near $0.79 and revenue of roughly $5.1 billion.
- Those figures imply year-over-year growth of about 35% in EPS and more than 20% in revenue, reflecting a favorable metals price environment.
- A year earlier, Barrick posted EPS of $0.58 on $4.19 billion in revenue for the same quarter.
- The company has topped consensus EPS in six of its last eight quarters, including a $0.82 result in the second quarter of 2026.
- Gold and copper prices, production volumes, and all-in sustaining costs (AISC) will be the key swing factors.
- For more context, explore the latest Major News, Today's Price Move, Price Targets, and Forecast on Barrick's dedicated pages.
- Explore Trending AI Robots to see AI-powered trading signals across the market.
Why These Earnings Matter
Barrick Mining's quarterly results offer a direct window into gold and copper markets, two commodities drawing significant investor attention. The company, formerly Barrick Gold Corporation, rebranded in 2025 to highlight its growing copper operations alongside its Tier One gold mines. With gold prices holding at elevated levels and copper demand supported by electrification trends, the question is whether higher metals prices will drive margin expansion or get offset by rising costs. A solid report could bolster confidence in production targets, while any shortfall in output or costs might dampen sentiment even in a supportive price setting.
What Analysts Are Expecting
Consensus estimates compiled by research firms call for Barrick Mining to deliver third-quarter 2026 EPS near $0.79 on revenue of roughly $5.1 billion. That compares with EPS of $0.58 and revenue of $4.19 billion in the year-ago quarter, pointing to year-over-year growth of approximately 35% on the bottom line and more than 20% on the top line. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Beyond the headline numbers, investors will focus on gold and copper production figures, realized prices, and all-in sustaining costs. Barrick has a solid history of beating estimates, topping consensus EPS in six of the last eight quarters, with the most recent example being $0.82 per share in the second quarter against an $0.81 estimate. Any updates to full-year guidance on production and costs will likely shape how the market interprets the results.
Market Sentiment Ahead of the Report
Heading into the release, sentiment appears constructive, backed by strong gold prices and the company's consistent earnings beats. Miner shares often react sharply to metals price shifts, so the response will depend more on cost control, production outlook, and copper growth details than on whether results simply meet expectations. Potential risks include higher-than-anticipated AISC, weaker output, or any pullback in gold and copper prices. Management's comments on full-year guidance will also be closely scrutinized, as a downward revision could overshadow a headline beat.
Looking Ahead: Key Factors to Watch
Beyond the third-quarter numbers, the main question is whether Barrick can maintain its earnings momentum. Gold prices remain the dominant revenue driver, so shifts in inflation, interest-rate expectations, or currencies will flow straight through to results. The expanding copper business also merits attention, given its ties to electrification, grid investments, and renewable energy projects. Management has positioned this diversification as a longer-term growth driver, and investors will look for concrete production progress.
Cost discipline stays important too. Even with favorable prices, miners continue to face pressure from labor, energy, and materials inflation, making AISC a key measure of whether price gains reach the bottom line. Updates to full-year production and cost guidance, development project progress, and capital allocation signals such as dividends or buybacks will help frame the outlook into 2027.
Using AI Tools for Deeper Analysis
In preparing for earnings like these, I often turn to Tickeron’s AI Screener to quickly filter peers and spot patterns in the metals and mining space. It helps narrow down candidates based on technicals, fundamentals, and AI signals without manual effort, which is useful when tracking sector moves around reports like Barrick's. The tool has become a regular part of my routine for identifying context around individual stocks and broader trends.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
ABX's RSI Indicator climbs out of oversold territory
The RSI Indicator for ABX moved out of oversold territory on October 15, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 10 similar instances when the indicator left oversold territory. In 8 of the 10 cases the stock moved higher. This puts the odds of a move higher at 80%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 20, 2026. You may want to consider a long position or call options on ABX as a result. In 63 of 102 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 62%.
The Moving Average Convergence Divergence (MACD) for ABX just turned positive on October 06, 2026. Looking at past instances where ABX's MACD turned positive, the stock continued to rise in 31 of 57 cases over the following month. The odds of a continued upward trend are 54%.
ABX moved above its 50-day moving average on November 04, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where ABX advanced for three days, in 146 of 208 cases, the price rose further within the following month. The odds of a continued upward trend are 70%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for ABX moved below the 200-day moving average on October 09, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 78%.
ABX broke above its upper Bollinger Band on November 04, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for ABX entered a downward trend on October 02, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. ABX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 75 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 80 (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 83 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.036) is normal, around the industry mean (1.352). P/E Ratio (31.207) is within average values for comparable stocks, (20.493). Projected Growth (PEG Ratio) (0.030) is also within normal values, averaging (0.463). Dividend Yield (0.024) settles around the average of (0.047) among similar stocks. ABX's P/S Ratio (3.453) is very high in comparison to the industry average of (1.303).
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ABX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 60, placing this stock worse than average.
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a mines and an explorer for gold
Industry LifeHealthInsurance
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