Barrick Mining Corporation $B Shares Purchased by Allianz SE

Allianz SE grew its position in Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) by 47.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,230,629 shares of the gold and copper producer’s stock after purchasing an additional 1,035,857 shares during the period. Barrick Mining comprises about 2.3% of Allianz SE’s holdings, making the stock its 9th largest position. Allianz SE owned approximately 0.19% of Barrick Mining worth $106,132,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. acquired a new position in Barrick Mining in the second quarter worth approximately $2,311,000. Focus Partners Advisor Solutions LLC bought a new stake in Barrick Mining in the second quarter worth approximately $307,000. Envestnet Asset Management Inc. acquired a new position in shares of Barrick Mining during the 2nd quarter worth $17,559,000. Bessemer Group Inc. acquired a new position in shares of Barrick Mining during the 2nd quarter worth $1,322,000. Finally, Keybank National Association OH bought a new position in shares of Barrick Mining during the 2nd quarter valued at $362,000. 90.82% of the stock is owned by hedge funds and other institutional investors.

Barrick Mining Trading Up 1.1%

NYSE B opened at $50.36 on Friday. Barrick Mining Corporation has a 12 month low of $17.00 and a 12 month high of $54.69. The company has a current ratio of 2.92, a quick ratio of 2.33 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $47.62 and a 200-day moving average of $38.27. The company has a market cap of $84.37 billion, a PE ratio of 17.19, a PEG ratio of 0.40 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 (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. The firm had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. Barrick Mining’s revenue for the quarter was up 44.6% compared to the same quarter last year. On average, equities research analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, February 27th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is currently 23.89%.

Trending Headlines about Barrick Mining

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

  • Positive Sentiment: Unusually large call-option flow — traders bought ~279,555 Barrick call contracts (a ~606% jump vs. average), signaling short-term bullish positioning and increased demand for upside exposure. (Unlinked: options activity report)
  • Positive Sentiment: Barrick promoted legal and global affairs to the executive committee, naming James J. McGuire as Chief Legal & Policy Officer and Woo Lee as Chief Global Affairs Officer — a move that strengthens governance, regulatory navigation and country-level relations across Barrick’s global operations. Barrick Announces Leadership Appointments
  • Positive Sentiment: Macro support for gold — rising geopolitical tensions and tariff uncertainty are cited as drivers lifting gold prices, which benefits gold producers like Barrick by improving revenue and cash‑flow outlooks. Should you invest in gold?
  • Neutral Sentiment: Peer and sector dynamics — positive headlines for peers (e.g., Kinross’s liquidity and record free cash flow) highlight strong sector cash generation but also competitive dynamics; this validates the sector rally while leaving company-specific differentiation important. Will Kinross Gold’s Liquidity Strength Fuel Growth and Returns Ahead?
  • Neutral Sentiment: Investor flows into safe havens and ex‑U.S assets — a broader rotation away from U.S. equities toward defensive sectors and international ETFs has supported gold and mining equities, providing a supportive demand backdrop but also greater macro sensitivity. As Investors Flee U.S. Equities, This Global ETF Is Outperforming
  • Neutral Sentiment: Analyst/style coverage points to value characteristics — recent write-ups highlight Barrick as a value/quality play, which can attract income and value-focused investors but may not trigger immediate re-rating absent further operational or pricing catalysts. Here’s Why Barrick Mining (B) is a Strong Value Stock

Wall Street Analyst Weigh In

B has been the subject of a number of recent research reports. UBS Group set a $55.00 price objective on shares of Barrick Mining in a report on Friday, February 6th. Citigroup upped their price target on Barrick Mining from $38.00 to $48.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Raymond James Financial increased their price objective on Barrick Mining from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Scotiabank boosted their target price on Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $71.00 price target on shares of Barrick Mining in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.25.

View Our Latest Analysis 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.

Further Reading

Institutional Ownership by Quarter for Barrick Mining (NYSE:B)

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