HighTower Advisors LLC lifted its position in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 2.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,138,764 shares of the gold and copper producer’s stock after buying an additional 22,181 shares during the quarter. HighTower Advisors LLC owned about 0.07% of Barrick Mining worth $37,317,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of B. Balboa Wealth Partners acquired a new stake in Barrick Mining in the 3rd quarter worth about $855,000. Ameritas Advisory Services LLC bought a new position in shares of Barrick Mining during the third quarter worth approximately $150,000. Indie Asset Partners LLC acquired a new stake in shares of Barrick Mining in the third quarter valued at approximately $246,000. Metis Global Partners LLC boosted its stake in shares of Barrick Mining by 13.0% in the third quarter. Metis Global Partners LLC now owns 199,263 shares of the gold and copper producer’s stock valued at $6,545,000 after buying an additional 22,902 shares during the period. Finally, Assetmark Inc. grew its position in Barrick Mining by 9,185.0% during the third quarter. Assetmark Inc. now owns 9,285 shares of the gold and copper producer’s stock worth $304,000 after buying an additional 9,185 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
B has been the subject of several analyst reports. Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. ATB Cormark Capital Markets raised Barrick Mining to a “moderate buy” rating in a research note on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. UBS Group set a $55.00 target price on shares of Barrick Mining in a report on Friday, February 6th. Finally, TD Cowen restated a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $53.58.
More Barrick Mining News
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Mali renewed Barrick’s Loulo mining licence for 10 years, resolving a recent standoff and restoring long‑term operating certainty for the Loulo‑Gounkoto complex — this reduces political/regulatory risk for one of Barrick’s material West African assets and supports future production and cash flow. Article Title
- Positive Sentiment: Wall Street and independent outlets continue to flag Barrick as a strong performer after its Feb. 5 quarter: coverage highlights its Q4 beat and bullish 12‑month analyst targets implying material upside, which can support investor sentiment and buying interest. Article Title
- Positive Sentiment: Momentum ranking pieces (e.g., Zacks) point to Barrick as a top‑ranked growth name based on style scores and recent fundamentals, reinforcing the narrative that the company’s earnings and cash generation are improving. Article Title
- Neutral Sentiment: Quarterly fundamentals remain supportive: Barrick reported a solid Q4 (beat on EPS and revenue, margin expansion) that underpins analyst optimism — but much of that is already priced in and now hinges on execution and metal prices.
- Negative Sentiment: An analyst trimmed FY2026 EPS estimates for Barrick, which could act as a short‑term headwind for the share price if analysts follow with broader downgrades or lower targets. This offsets some of the positive licensing news and may explain pressure on the stock. Article Title
Barrick Mining Stock Performance
Shares of B stock opened at $46.65 on Wednesday. The firm has a market capitalization of $78.16 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 0.39 and a beta of 0.40. The company has a current ratio of 2.92, a quick ratio of 2.33 and a debt-to-equity ratio of 0.13. The business’s 50-day moving average price is $46.77 and its 200-day moving average price is $37.19. Barrick Mining Corporation has a 12 month low of $17.00 and a 12 month high of $54.69.
Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last released its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company had revenue of $5.98 billion during the quarter, compared to the consensus estimate of $5.15 billion. The company’s quarterly revenue was up 44.6% compared to the same quarter last year. Equities research analysts forecast that Barrick Mining Corporation will post 1.47 EPS for the current year.
Barrick Mining Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date is Friday, February 27th. Barrick Mining’s dividend payout ratio (DPR) is presently 23.89%.
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.
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