Sumitomo Mitsui Trust Group Inc. Sells 23,927 Shares of Barrick Mining Corporation $B

Sumitomo Mitsui Trust Group Inc. lowered its holdings in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 21.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 87,079 shares of the gold and copper producer’s stock after selling 23,927 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Barrick Mining were worth $2,854,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Parallel Advisors LLC acquired a new position in Barrick Mining during the second quarter worth about $76,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Barrick Mining during the 2nd quarter valued at approximately $54,000. Wealth Enhancement Advisory Services LLC acquired a new position in Barrick Mining during the 2nd quarter worth approximately $1,771,000. Assenagon Asset Management S.A. bought a new position in Barrick Mining in the 2nd quarter valued at approximately $50,139,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in Barrick Mining in the second quarter valued at approximately $261,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Barrick Mining Stock Down 1.9%

Shares of NYSE B opened at $48.68 on Monday. The company’s 50 day moving average price is $42.65 and its 200-day moving average price is $33.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.33 and a current ratio of 2.94. Barrick Mining Corporation has a 52-week low of $15.47 and a 52-week high of $50.51. The company has a market capitalization of $81.56 billion, a P/E ratio of 23.52, a price-to-earnings-growth ratio of 0.41 and a beta of 0.41.

Barrick Mining (NYSE:B) (TSE:ABX) last posted its quarterly earnings data on Monday, November 10th. The gold and copper producer reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Barrick Mining had a net margin of 24.53% and a return on equity of 9.48%. Barrick Mining’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.09 earnings per share. Equities analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The firm 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 of this dividend was Friday, November 28th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.4%. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.15. Barrick Mining’s dividend payout ratio (DPR) is presently 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

Several research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Barrick Mining in a report on Monday, December 29th. Citigroup raised Barrick Mining from a “hold” rating to a “buy” rating in a report on Monday, November 24th. BNP Paribas Exane upgraded Barrick Mining from a “neutral” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Friday, December 5th. BMO Capital Markets restated a “market perform” rating on shares of Barrick Mining in a report on Monday, September 22nd. Finally, Raymond James Financial raised their price objective on shares of Barrick Mining from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.17.

Barrick Mining 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.