Barrick Mining Corporation (NYSE:B) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Barrick Mining Corporation (NYSE:BGet Free Report) (TSE:ABX) have earned a consensus rating of “Moderate Buy” from the twenty-one research firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $55.25.

Several research analysts have commented on B shares. JPMorgan Chase & Co. assumed coverage on shares of Barrick Mining in a report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price objective for the company. UBS Group set a $55.00 price target on shares of Barrick Mining in a research report on Friday, February 6th. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. ATB Cormark Capital Markets upgraded shares of Barrick Mining to a “moderate buy” rating in a report on Monday, February 9th. Finally, BNP Paribas Exane raised Barrick Mining to a “neutral” rating and set a $50.00 price objective on the stock in a research report on Friday, December 5th.

Get Our Latest Research Report on B

Barrick Mining Price Performance

B opened at $37.47 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. Barrick Mining has a 52-week low of $17.00 and a 52-week high of $54.69. The stock has a market capitalization of $62.77 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 1.29 and a beta of 0.41. The stock’s 50 day moving average price is $46.35 and its 200-day moving average price is $40.71.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last announced its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.19. The company had revenue of $5.98 billion during the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company’s revenue was up 44.6% compared to the same quarter last year. On average, equities research analysts predict that Barrick Mining will post 1.47 EPS for the current year.

Barrick Mining Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, February 27th. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio (DPR) is 57.34%.

Key Stories Impacting Barrick Mining

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

  • Positive Sentiment: Gold and capital‑return tailwinds — Recent coverage notes firmer gold prices and investor interest in Barrick’s stepped‑up shareholder returns and a planned IPO of North American assets, which have been supporting the stock ahead of the Reko Diq news. Barrick Mining gains as gold prices firm and investors lean into its capital-return and IPO narrative
  • Neutral Sentiment: Balance‑sheet and recent results still constructive — Barrick reported strong revenue and an EPS beat earlier this year and carries low leverage and a healthy cash position, which gives management flexibility to pause projects without immediate solvency concerns.
  • Negative Sentiment: Reko Diq slowdown on security concerns — The Financial Times and other outlets report Barrick has delayed/paused activity at the $9bn Reko Diq project, citing heightened regional risk tied to the Middle East conflict; that pushes out production timelines and near‑term project value recognition. Barrick delays Pakistan mega mine as Iran conflict rattles region
  • Negative Sentiment: Multiple confirmations and local impact — Bloomberg, Mining.com and Pakistan outlets corroborate the slowdown, highlighting contractor/security and insurance complications that raise execution risk and potential cost overruns at Reko Diq. Barrick Slows Pakistan Copper Project Amid Rising Conflicts

Institutional Investors Weigh In On Barrick Mining

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital International Investors boosted its holdings in shares of Barrick Mining by 35.9% during the 3rd quarter. Capital International Investors now owns 101,846,588 shares of the gold and copper producer’s stock valued at $3,340,709,000 after buying an additional 26,921,219 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Barrick Mining by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 70,878,168 shares of the gold and copper producer’s stock worth $2,327,991,000 after buying an additional 767,544 shares during the period. Van ECK Associates Corp increased its stake in shares of Barrick Mining by 22.8% in the 4th quarter. Van ECK Associates Corp now owns 55,423,240 shares of the gold and copper producer’s stock worth $2,413,699,000 after acquiring an additional 10,287,544 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Barrick Mining in the 2nd quarter worth about $1,091,122,000. Finally, FIL Ltd lifted its position in Barrick Mining by 85.3% during the 4th quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock valued at $1,311,169,000 after acquiring an additional 13,853,587 shares during the period. 90.82% of the stock is owned by hedge funds and other institutional investors.

Barrick Mining Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Barrick Mining (NYSE:B)

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