Barrick Mining Corporation $B Shares Acquired by Truist Financial Corp

Truist Financial Corp increased its position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 46.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,112 shares of the gold and copper producer’s stock after purchasing an additional 20,655 shares during the quarter. Truist Financial Corp’s holdings in Barrick Mining were worth $2,134,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. purchased a new stake in shares of Barrick Mining in the 2nd quarter valued at $1,459,633,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Barrick Mining in the 2nd quarter valued at about $1,091,122,000. First Eagle Investment Management LLC purchased a new stake in shares of Barrick Mining in the second quarter worth about $822,056,000. TD Asset Management Inc acquired a new stake in Barrick Mining during the second quarter worth about $386,328,000. Finally, CIBC Asset Management Inc grew its holdings in Barrick Mining by 316.0% during the third quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock worth $601,115,000 after acquiring an additional 13,891,886 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on B. UBS Group set a $55.00 price target on Barrick Mining in a report on Friday. Wall Street Zen upgraded shares of Barrick Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday. TD Cowen restated a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. Cormark upgraded Barrick Mining from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, November 11th. Finally, Royal Bank Of Canada lifted their price target on shares of Barrick Mining from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Barrick Mining currently has a consensus rating of “Buy” and an average price target of $52.75.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: Q4 results materially beat expectations — adjusted EPS $1.04 vs. consensus $0.85 and revenue $5.98B (well above estimates), with strong realized gold prices and record cash flow that underpin earnings and the new dividend policy. Article Title
• Positive Sentiment: Dividend hiked 140% to $0.42/share and Barrick introduced a cash‑flow‑linked dividend policy (Q4 dividend payable March 16; ex‑div Feb 27), a move that increases yield and signals confidence in free cash generation. Article Title
• Positive Sentiment: Analyst upgrades and higher price targets — CIBC raised its PT to $71 (from $50) after revising gold forecasts; Canaccord issued a buy — these endorsements help drive demand for the stock. Article Title
• Neutral Sentiment: Barrick announced plans to pursue an IPO/spin‑off of its North American gold assets — a potential value‑unlocking corporate action but one that carries execution, timing and market‑reception risk. Article Title
• Neutral Sentiment: Board and leadership changes: Mark Hill elevated to President & CEO and added to the board to lead the North America IPO process; a new director was appointed — stability for the planned transaction but watch governance and transition execution. Article Title
• Negative Sentiment: Investor selling by a notable fund manager (Azvalor) was reported, which can create short‑term pressure; highlighted as a -3.38% portfolio impact in coverage. Article Title

Barrick Mining Trading Up 2.9%

Shares of Barrick Mining stock opened at $45.23 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.94 and a quick ratio of 2.33. The stock’s 50 day simple moving average is $45.92 and its 200-day simple moving average is $35.82. The stock has a market cap of $75.78 billion, a P/E ratio of 15.44, a P/E/G ratio of 0.37 and a beta of 0.40. Barrick Mining Corporation has a 1-year low of $16.92 and a 1-year high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data 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 firm had revenue of $5.98 billion for the quarter, compared to the consensus estimate of $5.15 billion. Barrick Mining had a return on equity of 12.31% and a net margin of 29.45%.The business’s revenue was up 44.6% on a year-over-year basis. Analysts predict that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be given a dividend of $0.42 per share. The ex-dividend date is Friday, February 27th. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 annualized dividend and a yield of 3.7%. Barrick Mining’s dividend payout ratio (DPR) is 57.34%.

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.