AlphaCore Capital LLC grew its stake in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 474.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,821 shares of the gold and copper producer’s stock after acquiring an additional 15,546 shares during the period. AlphaCore Capital LLC’s holdings in Barrick Mining were worth $617,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Arlington Trust Co LLC purchased a new stake in Barrick Mining during the 3rd quarter worth about $26,000. Wealth Preservation Advisors LLC purchased a new position in Barrick Mining during the 2nd quarter valued at about $33,000. Investors Research Corp bought a new stake in shares of Barrick Mining during the third quarter valued at about $36,000. CENTRAL TRUST Co bought a new stake in shares of Barrick Mining during the second quarter valued at about $37,000. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in shares of Barrick Mining during the second quarter valued at about $39,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.
Key Barrick Mining News
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Unusually heavy call buying — Investors purchased ~279,555 call options in a single session (a ~606% jump versus average), signaling speculative and institutional bullish positioning that can drive near‑term upside through demand and gamma exposure.
- Positive Sentiment: Bullish analyst/market commentary — A recent Seeking Alpha piece highlights Barrick’s strong operating margins, record cash flows and outperformance vs. gold, framing the stock as attractively valued amid the gold bull market. Barrick Mining: How To Profit From Gold Without Owning A Single Ounce
- Positive Sentiment: Regulatory/disclosure filings published — Barrick released its 2025 Annual Report, Annual Information Form, Form 40‑F and NI 43‑101 technical reports for Pueblo Viejo and Kibali. Improved disclosure and updated technical reports reduce project/reserve uncertainty and support investor confidence. Barrick’s 2025 Annual Information Form and Other Documents Now Available
- Neutral Sentiment: Management moves announced — Barrick appointed new legal and global affairs chiefs; routine leadership changes can be neutral for stock unless tied to strategy shifts. Barrick names new legal, global affairs chiefs
- Neutral Sentiment: Long‑term performance writeups — Coverage showing strong multi‑year returns may boost investor interest but is backward‑looking and less likely to move price materially on its own. Here’s How Much You Would Have Made Owning Barrick Mining Stock In The Last 10 Years
- Negative Sentiment: CIBC trimmed its price target from US$71 to US$67 while maintaining an Outperform rating — this is a modest cut that signals slightly lower upside expectations from that shop and could cap enthusiasm if other shops follow. CIBC Cuts Barrick Mining’s Price Target to US$67.00 from US$71.00
Barrick Mining Stock Up 0.8%
Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last issued its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $5.15 billion. The firm’s quarterly revenue was up 44.6% compared to the same quarter last year. On average, equities analysts anticipate that Barrick Mining Corporation will post 1.47 earnings per share for the current 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 is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, February 27th. Barrick Mining’s dividend payout ratio (DPR) is 23.89%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. TD Cowen restated a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. Canaccord Genuity Group lowered their target price on shares of Barrick Mining to $77.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Citigroup boosted their price target on shares of Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. BNP Paribas Exane raised shares of Barrick Mining to a “neutral” rating and set a $50.00 price target on the stock in a report on Friday, December 5th. Finally, DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $55.25.
About Barrick Mining
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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