Profund Advisors LLC Boosts Holdings in Barrick Mining Corporation $B

Profund Advisors LLC raised its stake in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 45.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 210,461 shares of the gold and copper producer’s stock after buying an additional 66,168 shares during the period. Profund Advisors LLC’s holdings in Barrick Mining were worth $6,897,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of B. Concord Wealth Partners acquired a new position in Barrick Mining in the second quarter valued at approximately $26,000. Arlington Trust Co LLC purchased a new position in shares of Barrick Mining during the 3rd quarter valued at approximately $26,000. Bayforest Capital Ltd acquired a new position in shares of Barrick Mining in the 2nd quarter valued at $31,000. Wealth Preservation Advisors LLC purchased a new stake in Barrick Mining during the second quarter worth $33,000. Finally, Nexus Investment Management ULC acquired a new stake in Barrick Mining during the second quarter valued at $34,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

B has been the subject of a number of analyst reports. UBS Group set a $55.00 target price on shares of Barrick Mining in a research note on Friday. TD Cowen reiterated a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. Weiss Ratings restated a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. Zacks Research lowered Barrick Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Finally, Citigroup raised shares of Barrick Mining from a “hold” rating to a “buy” rating in a research note on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Barrick Mining currently has an average rating of “Buy” and a consensus target price of $52.75.

Barrick Mining Stock Performance

NYSE B opened at $45.23 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 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 $35.92. The company has a market cap of $75.78 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 0.38 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 posted its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, beating the consensus estimate of $0.85 by $0.19. The firm 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 firm’s quarterly revenue was up 44.6% on a year-over-year basis. As a group, equities research analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.42 dividend. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, February 27th. Barrick Mining’s payout ratio is 23.89%.

Trending Headlines about 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 Company 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.