TLDR
- Barrick Gold Corp stock hit a 52-week high of $29.80, up 89% year-to-date and 48.65% over the past year
- SEA Holdings sold its entire 170,000-share position for $5.015 million, generating a $2.38 million gain
- Jefferies raised its price target to $30 following strong Q2 results with $0.47 adjusted earnings per share
- The company completed the $1.09 billion sale of its Hemlo gold mine to Carcetti Capital
- Barrick maintains strong financials with a 3.21 current ratio, 0.19 debt-to-equity ratio, and perfect Piotroski Score of 9
Barrick Gold Corp stock climbed to a new 52-week high of $29.80 on September 17, 2025. The mining company has posted an 89% gain year-to-date, making it one of the standout performers in the sector.
The stock’s impressive run represents a 48.65% increase over the past year. Barrick’s share price has nearly doubled from its 52-week low, reflecting strong investor confidence in the gold miner’s operations.
While the stock reached new heights, SEA Holdings Ltd. chose to exit its position entirely. The Hong Kong-based investment company sold all 170,000 of its Barrick shares through its subsidiary Pearl Hope for approximately $5.015 million.
The transaction generated a gain of $2.38 million for SEA Holdings. The company stated it will use the proceeds for general working capital and future investment opportunities.
SEA Holdings classified the sale as a discloseable transaction under Hong Kong’s Listing Rules. The buyers were identified as independent third parties, and the sale marks SEA Holdings’ complete exit from Barrick Mining shares.
Strong Financial Foundation Supports Rally
Barrick’s stock performance is backed by solid financial metrics. The company earned a perfect Piotroski Score of 9, indicating exceptional financial strength across multiple measures.
The miner maintains a healthy current ratio of 3.21 and a conservative debt-to-equity ratio of 0.19. These numbers suggest Barrick has plenty of liquidity and manageable debt levels.
Second-quarter results supported the positive sentiment. Barrick reported adjusted earnings per share of $0.47, slightly beating consensus estimates.
Free cash flow for the quarter reached $395 million. This figure aligned closely with market expectations and demonstrated the company’s ability to generate cash from operations.
Analyst Optimism and Strategic Moves
Jefferies raised its price target for Barrick to $30, citing production gains and strong quarterly performance. The investment bank highlighted the company’s operational improvements as a key driver.
Scotiabank also increased its price target to $26. The bank pointed to exploration potential at the Fourmile deposit as a catalyst for future growth.
Barrick’s management indicated the possibility of doubling the current resource at Fourmile by year-end. This potential expansion could provide additional upside for the stock.
The company recently completed the sale of its Hemlo gold mine in Canada to Carcetti Capital. The transaction was valued at up to $1.09 billion and represents part of Barrick’s portfolio streamlining strategy.
CEO Mark Bristow commented that potential U.S. tariffs on gold bars would likely have minimal impact on mining companies. He noted that miners are typically “price takers” in the market.
Barrick plans to continue pursuing other gold and copper mining opportunities in Canada. The company’s focus remains on optimizing its asset portfolio while maintaining production levels.
The stock’s recent performance has attracted attention from both institutional and retail investors. Trading volume has remained elevated as more investors take notice of the miner’s strong fundamentals.
Market conditions continue to favor gold miners as investors seek exposure to precious metals. Barrick’s combination of operational efficiency and financial strength positions it well within this environment.
The company’s latest quarterly report showed continued progress in key operational metrics. Production levels met guidance while costs remained controlled across major mining operations.
