17,300 Shares in Barrick Mining Corporation $B Bought by Banyan Capital Management Inc.

Banyan Capital Management Inc. acquired a new stake in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) during the 3rd quarter, HoldingsChannel reports. The fund acquired 17,300 shares of the gold and copper producer’s stock, valued at approximately $567,000.

Other institutional investors have also modified their holdings of the company. Concord Wealth Partners acquired a new position in shares of Barrick Mining during the 2nd quarter worth about $26,000. Arlington Trust Co LLC purchased a new stake in Barrick Mining during the 3rd quarter worth approximately $26,000. Ameriflex Group Inc. purchased a new stake in Barrick Mining during the 2nd quarter worth approximately $27,000. Trifecta Capital Advisors LLC acquired a new position in shares of Barrick Mining during the second quarter valued at approximately $27,000. Finally, Bayforest Capital Ltd purchased a new position in shares of Barrick Mining in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Barrick Mining Trading Down 1.7%

Shares of B stock opened at $52.06 on Friday. The company has a current ratio of 2.94, a quick ratio of 2.33 and a debt-to-equity ratio of 0.14. Barrick Mining Corporation has a twelve month low of $16.20 and a twelve month high of $54.69. The company’s 50-day moving average price is $45.18 and its 200-day moving average price is $34.69. The stock has a market cap of $87.23 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 0.47 and a beta of 0.41.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its earnings results on Monday, November 10th. The gold and copper producer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.20 billion. Barrick Mining had a net margin of 24.53% and a return on equity of 9.48%. Barrick Mining’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 earnings per share. As a group, equities analysts predict that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, November 28th. This is a boost from Barrick Mining’s previous quarterly dividend of $0.15. Barrick Mining’s dividend payout ratio is presently 33.82%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on B. JPMorgan Chase & Co. started coverage on Barrick Mining in a research report on Thursday. They set an “overweight” rating and a $68.00 price target for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a report on Monday, December 29th. Royal Bank Of Canada increased their target price on shares of Barrick Mining from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Raymond James Financial raised their price target on shares of Barrick Mining from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Finally, DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $50.33.

Key Barrick Mining News

Here are the key news stories impacting Barrick Mining this week:

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $68 price target (about ~30% upside from current levels), citing a valuation gap versus Agnico Eagle that favors Barrick — this is a major institutional endorsement that likely supported higher bids earlier in the session. JPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico Eagle
• Positive Sentiment: Multiple analysts raised price targets and the consensus brokerage view is bullish — recent coverage shifts and upgrades increase the odds of upward revisions to estimates and attract buy-side interest. Analysts Raise Barrick Mining (B) Price Targets
• Positive Sentiment: Macro/commodity support: coverage noting record metal prices and strategic moves at Barrick underpin the company’s cash flow profile and justify premium multiples versus peers, providing fundamental support beyond short-term trading noise. Barrick Gold Shares Surge Amid Record Metal Prices and Strategic Shifts
• Neutral Sentiment: Brokerage consensus remains constructive — Barrick has an average rating of “Buy” from covering firms, which supports medium-term demand but may already be priced in. Barrick Mining Corporation (NYSE:B) Receives Average Rating of “Buy” from Brokerages
• Neutral Sentiment: Upcoming results: Barrick is scheduled to report quarterly earnings next week — that timing is concentrating trading and volatility as investors position around guidance and metal-price sensitivity. Barrick Mining (B) Expected to Announce Quarterly Earnings on Thursday
• Negative Sentiment: Near-term beat odds limited: Zacks notes Barrick lacks the “right combination” of drivers to deliver a likely earnings beat next quarter, which can weaken short-term investor enthusiasm and invite selling into the print. Barrick Mining (B) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Profit‑taking and short‑term selling pressures have pushed the stock down today on heavier-than-average volume; with shares near recent multi‑year highs, some traders are locking gains ahead of the earnings release.

Barrick Mining Company Profile

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.