Arizona State Retirement System Acquires Shares of 30,484 Barrick Mining Corporation $B

Arizona State Retirement System acquired a new stake in Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 30,484 shares of the gold and copper producer’s stock, valued at approximately $999,000.

A number of other institutional investors have also made changes to their positions in B. Truist Financial Corp bought a new position in Barrick Mining during the second quarter worth $926,000. US Bancorp DE acquired a new stake in shares of Barrick Mining during the 2nd quarter worth about $620,000. Blair William & Co. IL bought a new stake in shares of Barrick Mining during the 2nd quarter worth about $2,265,000. IFP Advisors Inc acquired a new position in Barrick Mining in the 2nd quarter valued at about $144,000. Finally, Blue Trust Inc. bought a new position in Barrick Mining in the 2nd quarter valued at about $849,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Key Barrick Mining News

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 Stock Performance

NYSE:B opened at $45.23 on Monday. The company has a market cap of $75.78 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 0.38 and a beta of 0.40. Barrick Mining Corporation has a fifty-two week low of $16.92 and a fifty-two week high of $54.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The stock has a fifty day moving average price of $45.92 and a 200-day moving average price of $35.92.

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 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 12.10% and a net margin of 29.45%.The company’s revenue for the quarter was up 44.6% on a year-over-year basis. As a group, equities analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The company also recently declared 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 represents a $1.68 annualized dividend and a dividend yield of 3.7%. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio (DPR) is 23.89%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Bank of America upgraded Barrick Mining from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $38.00 to $48.00 in a report on Monday, November 24th. Citigroup upgraded Barrick Mining from a “hold” rating to a “buy” rating in a research note on Monday, November 24th. Cormark raised Barrick Mining from a “hold” rating to a “moderate buy” rating in a report on Tuesday, November 11th. Jefferies Financial Group reissued a “buy” rating and set a $55.00 target price on shares of Barrick Mining in a report on Sunday, December 7th. Finally, Royal Bank Of Canada boosted their target price on shares of Barrick Mining from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Two investment 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 company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $52.75.

Read Our Latest Stock Report on B

About Barrick Mining

(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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