Barrick Gold's Profits Surge on Rising Gold Prices
Barrick Gold Corporation, trading as Barrick Mining Corp., is experiencing a surge in profitability due to the rising gold price. As of October 6, 2025, 14:39 CET, the company's stock price stood at approximately 29.37 EUR, with a daily increase of +1.73% on the Hannover Stock Exchange.
Barrick's gross profit margin has significantly improved, jumping from 31.5% in 2022 to 44.0% for the trailing twelve months (TTM). This increase is largely attributed to the escalating gold prices, which have made gold extraction more profitable. The company's financial health is further reflected in its free cash flow, which soared from $432 million in 2022 to $1.7 billion for the TTM.
Barrick's net profit has also seen a remarkable rise, from $432 million in 2022 (3.9% margin) to over $2.7 billion for the TTM (20.0% margin). This growth is accompanied by a 25% increase in revenue, from $11.0 billion in 2022 to $13.8 billion for the TTM. The company's strong financial performance has enabled it to buy back over 790 million shares since 2022.
Barrick's robust financial performance, driven by the rising gold price, has led to significant improvements in its gross profit margin, free cash flow, and net profit. The company's revenue has also grown, allowing it to engage in substantial share buybacks. As the gold market continues to evolve, investors will watch Barrick's progress with keen interest.
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