Hilltop National Bank Has $752,000 Stock Holdings in Barrick Mining Corporation $B

Hilltop National Bank lifted its holdings in shares of Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) by 18,072.6% during the 4th quarter, Holdings Channel reports. The firm owned 17,264 shares of the gold and copper producer’s stock after purchasing an additional 17,169 shares during the quarter. Hilltop National Bank’s holdings in Barrick Mining were worth $752,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in B. Cary Street Partners Investment Advisory LLC increased its holdings in Barrick Mining by 19.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,260 shares of the gold and copper producer’s stock worth $74,000 after purchasing an additional 373 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of Barrick Mining by 4.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 8,770 shares of the gold and copper producer’s stock worth $287,000 after buying an additional 391 shares in the last quarter. Legend Financial Advisors Inc. boosted its holdings in shares of Barrick Mining by 0.9% during the 3rd quarter. Legend Financial Advisors Inc. now owns 45,139 shares of the gold and copper producer’s stock worth $1,479,000 after buying an additional 399 shares in the last quarter. Banque Transatlantique SA grew its position in shares of Barrick Mining by 4.2% during the 3rd quarter. Banque Transatlantique SA now owns 9,950 shares of the gold and copper producer’s stock worth $326,000 after buying an additional 400 shares during the period. Finally, Ascent Group LLC grew its position in shares of Barrick Mining by 2.9% during the 3rd quarter. Ascent Group LLC now owns 14,514 shares of the gold and copper producer’s stock worth $476,000 after buying an additional 404 shares during the period. Institutional investors and hedge funds own 90.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on B. UBS Group set a $55.00 target price on shares of Barrick Mining in a research report on Friday, February 6th. DZ Bank upgraded shares of Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. Canaccord Genuity Group decreased their price target on shares of Barrick Mining to $77.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Jefferies Financial Group reiterated a “buy” rating and set a $55.00 price objective on shares of Barrick Mining in a report on Sunday, December 7th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Barrick Mining in a research report on Thursday, January 29th. They set an “overweight” rating and a $68.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Barrick Mining has a consensus rating of “Moderate Buy” and a consensus target price of $55.25.

Check Out Our Latest Stock Report on B

Barrick Mining Price Performance

Shares of NYSE:B opened at $37.09 on Friday. Barrick Mining Corporation has a twelve month low of $17.00 and a twelve month high of $54.69. The stock’s 50 day moving average is $47.27 and its 200-day moving average is $40.41. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $62.14 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 1.27 and a beta of 0.41.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last posted its quarterly earnings results 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. The business had revenue of $5.98 billion during the quarter, compared to the consensus estimate 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 was up 44.6% on a year-over-year basis. Sell-side analysts forecast that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were issued a dividend of $0.42 per share. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. 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. Barrick Mining’s dividend payout ratio is 57.34%.

Barrick Mining News Roundup

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

Barrick Mining Company Profile

(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.

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Institutional Ownership by Quarter for Barrick Mining (NYSE:B)

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