Perpetual Ltd Sells 690,939 Shares of Barrick Mining Corporation $B

Perpetual Ltd lowered its holdings in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 22.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,377,746 shares of the gold and copper producer’s stock after selling 690,939 shares during the quarter. Barrick Mining accounts for 1.5% of Perpetual Ltd’s portfolio, making the stock its 21st biggest holding. Perpetual Ltd owned about 0.14% of Barrick Mining worth $103,551,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Capital International Investors boosted its stake in shares of Barrick Mining by 35.9% during the third 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 purchasing an additional 26,921,219 shares during the period. Vanguard Group Inc. increased its stake in 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. TD Asset Management Inc increased its stake in Barrick Mining by 3.8% in the 3rd quarter. TD Asset Management Inc now owns 19,309,335 shares of the gold and copper producer’s stock worth $634,346,000 after buying an additional 715,151 shares during the period. CIBC Asset Management Inc lifted its holdings in Barrick Mining by 316.0% during the 3rd quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock valued at $601,115,000 after buying an additional 13,891,886 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its holdings in Barrick Mining by 7.6% during the 3rd quarter. Mackenzie Financial Corp now owns 12,721,334 shares of the gold and copper producer’s stock valued at $417,739,000 after buying an additional 893,630 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Analysts Set New Price Targets

B has been the topic of a number of research analyst reports. 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. Wall Street Zen raised shares of Barrick Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. UBS Group dropped their price objective on Barrick Mining from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, March 27th. Finally, BNP Paribas Exane upgraded Barrick Mining to a “neutral” rating and set a $50.00 price objective on the stock in a report on Friday, December 5th. One investment 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 company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $54.83.

Barrick Mining Stock Up 0.1%

Shares of NYSE B opened at $41.67 on Friday. Barrick Mining Corporation has a 12-month low of $17.00 and a 12-month high of $54.69. The stock’s fifty day simple moving average is $45.28 and its two-hundred day simple moving average is $41.18. The stock has a market capitalization of $69.81 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.36 and a beta of 0.50. The company has a current ratio of 2.92, a quick ratio of 2.33 and a debt-to-equity ratio of 0.13.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, topping the consensus estimate of $0.85 by $0.19. The firm 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%.Barrick Mining’s revenue was up 44.6% on a year-over-year basis. As a group, analysts expect that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were issued a $0.42 dividend. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, February 27th. Barrick Mining’s dividend payout ratio is presently 57.34%.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: Q4 beat and upgraded shareholder returns — Seeking Alpha highlights Barrick’s 45% revenue growth, 126% EPS growth, a 40% dividend increase and a new framework targeting 50% of free cash flow for dividends/buybacks, underpinning cash generation from key assets. Barrick: You Haven’t Seen Anything Yet
• Positive Sentiment: Institutional accumulation — Banque Pictet increased its stake (reported SEC filing), signaling fresh institutional support that can boost demand for the stock. Barrick Mining Corporation $B Shares Bought by Banque Pictet & Cie SA
• Positive Sentiment: Q4 gold sales momentum — Barrick’s gold sales rose sequentially on NGM performance, supporting near‑term revenue resilience even as production guidance may face variability. Barrick Mining’s Gold Sales Rise in Q4: Can It Keep Up in Q1?
• Neutral Sentiment: Market commentary — Jim Cramer noted gold’s speculative trading and contrasted Barrick with peers, a narrative that can drive short‑term sentiment swings but not change fundamentals. Jim Cramer on Barrick Mining Corporation: “I Don’t Like That, But I Do Like Agnico”
• Neutral Sentiment: Commodities backdrop — Gold and copper faced pressure as the dollar strengthened, which can cap upside for miners in the near term but also creates leverage if metals rebound. Gold Falls as Dollar Rises. Why Mining Stocks Could Outperform.
• Negative Sentiment: Reko Diq slowdown and security risks — Barrick announced it is slowing development at Reko Diq due to escalating security incidents; management warns of significant budget and timeline increases, a material project‑level risk for future copper supply and capex. Barrick Provides an Update on Reko Diq
• Negative Sentiment: Budget & timeline warning — Reporting highlights “significant increases” to budget and schedule for the Pakistan copper project, increasing execution risk and potential near‑term investor caution. Barrick warns of “significant increases” to budget, timeline for Pakistan copper project

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.