ABX.TO Barrick Gold (TSX) C$68.15 24 Feb 2026: 8.49M shares traded, outlook
Barrick Gold Corporation (ABX.TO) closed at C$68.15 on 24 Feb 2026 after 8,488,328 shares traded, making it one of the TSX’s most active names today. The move came with a modest intraday gain of 0.83% as investors digested leadership updates and recent operational reports. ABX.TO stock now trades above its 50-day average (C$64.37) and well above the 200-day average (C$44.40), signaling continued market interest in gold and copper exposure from Canada’s largest gold producer.
ABX.TO stock: Today’s trading snapshot and valuation
Barrick Gold (ABX.TO) finished the session at C$68.15 with a day range of C$65.66–C$68.60 and volume of 8,488,328 shares. The company’s market capitalization stands at C$114.99 billion, EPS is C$3.99, and the trailing P/E is 17.08. These figures place Barrick near peers on valuation while offering higher free cash flow yields than many large miners.
Drivers and recent news shaping ABX.TO stock
Investors reacted to corporate moves and external scrutiny. Barrick announced two senior appointments on 24 Feb 2026, strengthening legal and government affairs capabilities, which the market often views as pro-risk‑management for mining operators source. Separately, industry coverage around joint-venture operations and dividend policy has kept ABX.TO stock in active trade this month source.
Financials, cash flow and dividend signals for ABX.TO stock
Barrick reported strong operating performance in recent quarters with trailing free cash flow per share of C$2.39 and operating cash flow per share of C$4.68. The company pays a quarterly dividend that annualizes to C$0.96 and yields roughly 1.41% on the current price. Barrick’s debt to equity of 0.18 and current ratio of 2.92 point to a solid balance-sheet posture for a large miner.
Technical picture and market momentum for ABX.TO stock
Technically, ABX.TO shows neutral to bullish signals: RSI 56.55, MACD histogram positive at 0.32, and price above the 50-day average (C$64.37). Bollinger middle band is C$65.38, with an ATR of C$2.97, indicating moderate volatility. Momentum oscillators show the stock near overbought short-term levels, suggesting pullbacks are possible after strong runs.
Meyka AI grade, analyst context and price targets
Meyka AI rates ABX.TO with a score out of 100: 70.29 (B+, BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Analysts show mixed targets; MarketBeat lists a consensus target near US$55.25 (note this reflects NYSE coverage), while recent bank notes range from US$38.00 to US$77.00 depending on model assumptions. Investors should note cross-listing and currency differences when comparing targets.
Meyka AI forecast model and scenario outlook for ABX.TO stock
Meyka AI’s forecast model projects short and medium-term price scenarios. The model’s monthly target is C$62.14 (implied -8.82% vs current), quarterly C$89.57 (implied +31.43%), and yearly C$81.99 (implied +20.32%). Forecasts use operational cash flow trends, commodity-price sensitivity, and recent corporate actions. Forecasts are model-based projections and not guarantees.
Final Thoughts
ABX.TO stock closed the market on 24 Feb 2026 at C$68.15 with strong liquidity and sustained investor interest. Fundamentals show a profitable, cash-generative miner with EPS C$3.99, a trailing P/E of 17.08, and a sturdy balance sheet (debt/equity 0.18). Near-term catalysts include corporate governance moves and JV operational performance that can swing sentiment and volume. Meyka AI projects a one‑year model target of C$81.99 (about +20.32% upside) while shorter horizons show a mixed path. Our proprietary grade is B+ (BUY), reflecting solid fundamentals and sector outperformance but balanced by operational and jurisdictional risks. For active traders, watch the next earnings update and ex-dividend date; for longer-term investors, the model suggests upside if commodity prices remain firm. Use this analysis with your own research and risk limits and check real‑time quotes on the Meyka AI platform for updates Meyka ABX.TO page. Meyka AI is an AI‑powered market analysis platform providing data-driven context; forecasts and grades are not guaranteed and we are not financial advisors.
FAQs
What drove ABX.TO stock movement today
ABX.TO stock moved after Barrick announced senior leadership hires and amid ongoing JV operational scrutiny. Volume spiked to 8.49M shares as investors priced governance and production signals into the share price.
What is Meyka AI’s price forecast for ABX.TO stock
Meyka AI’s forecast model lists a monthly target of C$62.14, quarterly C$89.57, and yearly C$81.99. These are model projections and not guarantees; compare with analyst notes and company updates.
Is ABX.TO stock a buy based on current metrics
Meyka AI assigns ABX.TO a B+ (BUY) grade based on cash flow, ROE strength, and balance‑sheet metrics. Investors should weigh jurisdictional and JV risks alongside dividend and valuation before acting.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.