Beverly Hills Private Wealth LLC Acquires New Holdings in Barrick Mining Corporation $B

Beverly Hills Private Wealth LLC bought a new position in Barrick Mining Corporation (NYSE:B) (TSE:ABX) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 10,787 shares of the gold and copper producer’s stock, valued at approximately $354,000.

Several other large investors have also recently bought and sold shares of B. Vanguard Group Inc. bought a new stake in shares of Barrick Mining in the second quarter worth about $1,459,633,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Barrick Mining in the 2nd quarter worth approximately $696,000. Philadelphia Trust Co. purchased a new position in shares of Barrick Mining during the second quarter valued at approximately $1,412,000. CIBC Asset Management Inc increased its stake in shares of 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 valued at $601,115,000 after buying an additional 13,891,886 shares during the period. Finally, Cadence Wealth Management LLC bought a new position in shares of Barrick Mining during the second quarter valued at approximately $1,112,000. 90.82% of the stock is owned by institutional investors.

Trending Headlines about Barrick Mining

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

• Positive Sentiment: Major investor support — a large institutional investor publicly backed Barrick, which can help sentiment and provide buying support amid geopolitical scrutiny. Major Investor Backs Barrick Gold
• Positive Sentiment: Mali settlement and Loulo extension — Barrick’s resolution of a Mali dispute and an extension at the Loulo-Gounkoto complex removes a key overhang on West African operations and clarifies near‑term production prospects. That should support medium-term cash flow visibility. What Barrick Mining’s Mali Dispute Settlement Means
• Neutral Sentiment: Peer comparison — recent write-ups comparing Barrick (B) to Kinross (KGC) highlight both firms’ strong projects and rising cash flows; these analyses provide context but don’t change fundamentals on their own. B vs. KGC: Which Gold Mining Stock Is the Better Pick Now?
• Neutral Sentiment: Post-earnings positioning and volatility — market commentary suggests the stock’s pullback is partly profit-taking after a run-up and sensitivity to choppy precious‑metals prices; Barrick’s announced plans (including preparing an IPO of its North American gold assets) add short‑term structural uncertainty. Barrick slides as precious-metals volatility weighs
• Negative Sentiment: Newmont default notice — Newmont has filed a notice of default alleging mismanagement at Nevada Gold Mines, giving Barrick 30 days to remedy under their 2019 JV agreement. That raises governance, legal and operational risk for Barrick’s largest asset and is a material near‑term overhang. Newmont Sends Notice of Default to Barrick
• Negative Sentiment: Rising unit costs — analyst coverage and articles flag higher unit costs that could erode Barrick’s recent profit momentum despite stronger gold prices; this pressure on margins is weighing on near‑term earnings outlooks. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?
• Negative Sentiment: Analyst caution — at least one broker has issued a pessimistic forecast for Barrick’s stock, adding downward pressure on sentiment and potentially limiting near‑term upside until clarity on costs, the Nevada dispute and the North American IPO plan arrives. Canaccord Genuity Issues Pessimistic Forecast

Analysts Set New Price Targets

B has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Cormark upgraded shares of Barrick Mining from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, November 11th. BNP Paribas Exane upgraded shares of Barrick Mining to a “neutral” rating and set a $50.00 price objective for the company in a report on Friday, December 5th. Royal Bank Of Canada lifted their price objective on Barrick Mining from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. initiated coverage on Barrick Mining in a research report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $55.25.

Barrick Mining Price Performance

B stock opened at $47.95 on Friday. 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 firm has a market capitalization of $80.33 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 0.39 and a beta of 0.40. The firm has a 50 day moving average price of $47.11 and a 200-day moving average price of $37.52. Barrick Mining Corporation has a 52-week low of $17.00 and a 52-week 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 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company had revenue of $5.98 billion during the quarter, compared to analyst estimates of $5.15 billion. The business’s revenue for the quarter was up 44.6% on a year-over-year basis. Equities research analysts forecast 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 paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, February 27th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio (DPR) is presently 23.89%.

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.