18,837 Shares in Barrick Mining Corporation $B Bought by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position 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. The institutional investor bought 18,837 shares of the gold and copper producer’s stock, valued at approximately $617,000.

A number of other large investors have also recently added to or reduced their stakes in B. Legend Financial Advisors Inc. lifted its holdings in shares of Barrick Mining by 0.9% in the third quarter. Legend Financial Advisors Inc. now owns 45,139 shares of the gold and copper producer’s stock valued at $1,479,000 after purchasing an additional 399 shares in the last quarter. Ascent Group LLC raised its position in Barrick Mining by 2.9% in the 3rd quarter. Ascent Group LLC now owns 14,514 shares of the gold and copper producer’s stock valued at $476,000 after buying an additional 404 shares during the last quarter. Prospera Financial Services Inc lifted its stake in Barrick Mining by 1.0% in the 3rd quarter. Prospera Financial Services Inc now owns 67,019 shares of the gold and copper producer’s stock valued at $2,196,000 after acquiring an additional 643 shares in the last quarter. Nexus Investment Management ULC boosted its position in Barrick Mining by 39.4% during the 3rd quarter. Nexus Investment Management ULC now owns 2,300 shares of the gold and copper producer’s stock worth $75,000 after acquiring an additional 650 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Barrick Mining by 2.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 30,220 shares of the gold and copper producer’s stock worth $990,000 after acquiring an additional 692 shares during the last quarter. Institutional investors own 90.82% of the company’s stock.

Key Headlines Impacting 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

Barrick Mining Stock Performance

B opened at $47.95 on Monday. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. Barrick Mining Corporation has a 12-month low of $17.00 and a 12-month high of $54.69. The business has a 50 day moving average of $47.11 and a 200-day moving average of $37.73. The stock has a market cap of $80.33 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 0.39 and a beta of 0.40.

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 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 business had revenue of $5.98 billion for the quarter, compared to analysts’ expectations of $5.15 billion. The company’s revenue for the quarter was up 44.6% on a year-over-year basis. On average, equities research analysts expect that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio is 23.89%.

Analyst Ratings Changes

A number of analysts have recently issued reports on B shares. JPMorgan Chase & Co. started coverage on shares of Barrick Mining in a research report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price objective on the stock. Zacks Research lowered shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Scotiabank increased their price objective on shares of Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Citigroup raised their price objective on Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Canaccord Genuity Group dropped their target price on Barrick Mining to $77.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $55.25.

Read Our Latest Stock Analysis on B

Barrick Mining Profile

(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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