Barrick Mining (NYSE:B) Trading Down 1.2% – Should You Sell?

Barrick Mining Corporation (NYSE:B) (TSE:ABX) fell 1.2% during mid-day trading on Friday . The stock traded as low as $46.10 and last traded at $47.9450. 22,312,424 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 17,043,625 shares. The stock had previously closed at $48.55.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: Major investor support — a large institutional investor publicly backed Barrick, which can help sentiment and provide buying support amid geopolitical scrutiny. Major Investor Backs Barrick Gold
• Positive Sentiment: Mali settlement and Loulo extension — Barrick’s resolution of a Mali dispute and an extension at the Loulo-Gounkoto complex removes a key overhang on West African operations and clarifies near‑term production prospects. That should support medium-term cash flow visibility. What Barrick Mining’s Mali Dispute Settlement Means
• Neutral Sentiment: Peer comparison — recent write-ups comparing Barrick (B) to Kinross (KGC) highlight both firms’ strong projects and rising cash flows; these analyses provide context but don’t change fundamentals on their own. B vs. KGC: Which Gold Mining Stock Is the Better Pick Now?
• Neutral Sentiment: Post-earnings positioning and volatility — market commentary suggests the stock’s pullback is partly profit-taking after a run-up and sensitivity to choppy precious‑metals prices; Barrick’s announced plans (including preparing an IPO of its North American gold assets) add short‑term structural uncertainty. Barrick slides as precious-metals volatility weighs
• Negative Sentiment: Newmont default notice — Newmont has filed a notice of default alleging mismanagement at Nevada Gold Mines, giving Barrick 30 days to remedy under their 2019 JV agreement. That raises governance, legal and operational risk for Barrick’s largest asset and is a material near‑term overhang. Newmont Sends Notice of Default to Barrick
• Negative Sentiment: Rising unit costs — analyst coverage and articles flag higher unit costs that could erode Barrick’s recent profit momentum despite stronger gold prices; this pressure on margins is weighing on near‑term earnings outlooks. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?
• Negative Sentiment: Analyst caution — at least one broker has issued a pessimistic forecast for Barrick’s stock, adding downward pressure on sentiment and potentially limiting near‑term upside until clarity on costs, the Nevada dispute and the North American IPO plan arrives. Canaccord Genuity Issues Pessimistic Forecast

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Scotiabank upped their price target on shares of Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. ATB Cormark Capital Markets upgraded Barrick Mining to a “moderate buy” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. initiated coverage on Barrick Mining in a report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price target on the stock. Zacks Research lowered Barrick Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Finally, TD Cowen restated a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.25.

Barrick Mining Price Performance

The firm has a market capitalization of $80.33 billion, a P/E ratio of 16.36, a PEG ratio of 0.39 and a beta of 0.40. The business’s 50-day simple moving average is $47.01 and its 200 day simple moving average is $37.34. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. The company had revenue of $5.98 billion during the quarter, compared to analysts’ expectations of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. The business’s revenue for the quarter was up 44.6% compared to the same quarter last year. Sell-side analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, February 27th. Barrick Mining’s payout ratio is 57.34%.

Institutional Investors Weigh In On Barrick Mining

Institutional investors have recently bought and sold shares of the stock. Compound Planning Inc. increased its stake in Barrick Mining by 7.8% in the 4th quarter. Compound Planning Inc. now owns 48,984 shares of the gold and copper producer’s stock worth $2,133,000 after purchasing an additional 3,541 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Barrick Mining by 64.2% during the fourth quarter. Corient Private Wealth LLC now owns 81,770 shares of the gold and copper producer’s stock valued at $3,562,000 after purchasing an additional 31,959 shares during the period. Vident Advisory LLC grew its holdings in shares of Barrick Mining by 352.7% in the fourth quarter. Vident Advisory LLC now owns 192,048 shares of the gold and copper producer’s stock worth $8,364,000 after purchasing an additional 149,625 shares during the last quarter. Wahed Invest LLC increased its stake in shares of Barrick Mining by 6.9% in the fourth quarter. Wahed Invest LLC now owns 32,759 shares of the gold and copper producer’s stock worth $1,429,000 after buying an additional 2,112 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in shares of Barrick Mining in the fourth quarter worth $401,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

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.