Barrick Mining Corporation $B Stake Cut by Nwam LLC

Nwam LLC lessened its holdings in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 47.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 11,788 shares of the gold and copper producer’s stock after selling 10,561 shares during the period. Nwam LLC’s holdings in Barrick Mining were worth $372,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Ascent Group LLC boosted its holdings in shares of Barrick Mining by 2.9% during the third quarter. Ascent Group LLC now owns 14,514 shares of the gold and copper producer’s stock worth $476,000 after purchasing an additional 404 shares during the period. Nexus Investment Management ULC boosted its stake in shares of Barrick Mining by 39.4% during the 3rd quarter. Nexus Investment Management ULC now owns 2,300 shares of the gold and copper producer’s stock valued at $75,000 after buying an additional 650 shares during the period. Hedges Asset Management LLC grew its holdings in shares of Barrick Mining by 1.7% during the 3rd quarter. Hedges Asset Management LLC now owns 61,000 shares of the gold and copper producer’s stock valued at $1,999,000 after acquiring an additional 1,000 shares in the last quarter. Fruth Investment Management increased its stake in shares of Barrick Mining by 5.3% in the third quarter. Fruth Investment Management now owns 19,800 shares of the gold and copper producer’s stock worth $648,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Investors Research Corp purchased a new stake in shares of Barrick Mining during the third quarter worth $36,000. 90.82% of the stock is owned by hedge funds and other institutional investors.

Barrick Mining Stock Down 1.9%

B stock opened at $48.68 on Friday. The stock has a market capitalization of $81.56 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 0.41 and a beta of 0.41. The company has a 50-day moving average of $42.65 and a two-hundred day moving average of $32.92. Barrick Mining Corporation has a 52-week low of $15.47 and a 52-week high of $50.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.94 and a quick ratio of 2.33.

Barrick Mining (NYSE:B) (TSE:ABX) last posted its quarterly earnings data 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. Barrick Mining had a return on equity of 9.48% and a net margin of 24.53%.The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same period in the previous year, the company posted $0.09 earnings per share. The firm’s revenue for the quarter was up 23.2% on a year-over-year basis. As a group, equities research analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a $0.175 dividend. The ex-dividend date was Friday, November 28th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.15. This represents a $0.70 annualized dividend and a dividend yield of 1.4%. Barrick Mining’s dividend payout ratio is 33.82%.

Barrick Mining News Roundup

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

• Positive Sentiment: Analysts argue Barrick is a “tier‑one” gold/copper producer with strong leverage to rising metals prices; margins and earnings could accelerate if metals stay firm, supporting upside vs. peers. Barrick Mining: A Tier One Producer Ready To Rally Hard
• Positive Sentiment: Another bullish note highlights growth catalysts — Fourmile (Nevada) discovery, potential mine expansions and an IPO/spin‑off of Nevada/Pueblo Viejo assets that could unlock valuation multiple. These are medium‑term re‑rating catalysts if management executes. Barrick Mining: Don’t Miss This Gold Mine Expansion And IPO Re‑Rating Story
• Positive Sentiment: Egypt engagement: Egypt’s petroleum minister reviewed Barrick’s gold exploration program, signalling potential new jurisdictional upside and exploration optionality outside higher‑risk West African exposure. Petroleum minister reviews Barrick Gold’s program for gold exploration in Egypt
• Neutral Sentiment: Valuation/positioning notes: Several market pieces ask whether the recent ~1‑yr run (large share gains) leaves Barrick fully priced; these discuss stretched near‑term multiples although many see longer‑term upside — useful context for risk/reward but not an immediate catalyst. Is It Too Late To Consider Barrick Mining (B) After Its 1-Year 221% Share Price Surge
• Neutral Sentiment: Another valuation review assesses Barrick after strong momentum and earnings growth; helpful for longer‑term allocation decisions but doesn’t change near‑term production risk. Assessing Barrick Mining (NYSE:B) Valuation After Strong Share Price Momentum And Earnings Growth
• Negative Sentiment: Mali dispute: Barrick confirmed a significant output decline tied to its standoff in Mali — this removed a mid‑teens percentage of attributable production and is a direct hit to near‑term volumes and cash flow, a clear downside catalyst for the stock. Barrick Gold Confirms Significant Output Decline Following Mali Dispute
• Negative Sentiment: Industry data: Mali’s industrial gold output has plunged amid the Barrick standoff, underscoring the scale of disrupted production and raising near‑term supply/earnings uncertainty for Barrick. Mali industrial gold output plummets on Barrick standoff
• Negative Sentiment: Operational weakness: Barrick’s Q3 gold sales fell ~13% Y/Y and the company flagged output issues at certain mines, which clouds 2025 production targets and near‑term guidance. Barrick Mining’s Gold Sales Drop Y/Y in Q3: Will It Rebound in Q4?
• Negative Sentiment: Analyst action: Zacks Research downgraded Barrick from “strong‑buy” to “hold,” reflecting near‑term execution and/or valuation concerns — a sentiment headwind for the stock. Zacks downgrade / coverage note

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Jefferies Financial Group restated a “buy” rating and issued a $55.00 target price on shares of Barrick Mining in a research note on Sunday, December 7th. Raymond James Financial boosted their price target on Barrick Mining from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. BNP Paribas raised shares of Barrick Mining to a “neutral” rating and set a $50.00 price objective on the stock in a research report on Friday, December 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.17.

About Barrick Mining

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.