Brookstone Capital Management Makes New Investment in Barrick Mining Corporation $B

Brookstone Capital Management purchased a new stake in Barrick Mining Corporation (NYSE:B) (TSE:ABX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,203 shares of the gold and copper producer’s stock, valued at approximately $706,000.

A number of other hedge funds also recently made changes to their positions in B. Cary Street Partners Investment Advisory LLC boosted its position in shares of Barrick Mining by 19.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,260 shares of the gold and copper producer’s stock valued at $74,000 after acquiring an additional 373 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in Barrick Mining by 4.7% in the third quarter. Brown Brothers Harriman & Co. now owns 8,770 shares of the gold and copper producer’s stock valued at $287,000 after acquiring an additional 391 shares during the period. Legend Financial Advisors Inc. raised its position in 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 worth $1,479,000 after purchasing an additional 399 shares in the last quarter. Banque Transatlantique SA lifted its stake in Barrick Mining by 4.2% during the third quarter. Banque Transatlantique SA now owns 9,950 shares of the gold and copper producer’s stock worth $326,000 after purchasing an additional 400 shares during the period. Finally, Ascent Group LLC lifted its stake in Barrick Mining by 2.9% during the third quarter. Ascent Group LLC now owns 14,514 shares of the gold and copper producer’s stock worth $476,000 after purchasing an additional 404 shares during the period. Institutional investors and hedge funds 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: Q4 beat and upgraded shareholder returns — Seeking Alpha highlights Barrick’s 45% revenue growth, 126% EPS growth, a 40% dividend increase and a new framework targeting 50% of free cash flow for dividends/buybacks, underpinning cash generation from key assets. Barrick: You Haven’t Seen Anything Yet
• Positive Sentiment: Institutional accumulation — Banque Pictet increased its stake (reported SEC filing), signaling fresh institutional support that can boost demand for the stock. Barrick Mining Corporation $B Shares Bought by Banque Pictet & Cie SA
• Positive Sentiment: Q4 gold sales momentum — Barrick’s gold sales rose sequentially on NGM performance, supporting near‑term revenue resilience even as production guidance may face variability. Barrick Mining’s Gold Sales Rise in Q4: Can It Keep Up in Q1?
• Neutral Sentiment: Market commentary — Jim Cramer noted gold’s speculative trading and contrasted Barrick with peers, a narrative that can drive short‑term sentiment swings but not change fundamentals. Jim Cramer on Barrick Mining Corporation: “I Don’t Like That, But I Do Like Agnico”
• Neutral Sentiment: Commodities backdrop — Gold and copper faced pressure as the dollar strengthened, which can cap upside for miners in the near term but also creates leverage if metals rebound. Gold Falls as Dollar Rises. Why Mining Stocks Could Outperform.
• Negative Sentiment: Reko Diq slowdown and security risks — Barrick announced it is slowing development at Reko Diq due to escalating security incidents; management warns of significant budget and timeline increases, a material project‑level risk for future copper supply and capex. Barrick Provides an Update on Reko Diq
• Negative Sentiment: Budget & timeline warning — Reporting highlights “significant increases” to budget and schedule for the Pakistan copper project, increasing execution risk and potential near‑term investor caution. Barrick warns of “significant increases” to budget, timeline for Pakistan copper project

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on B shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $71.00 price objective on shares of Barrick Mining in a research note on Wednesday, February 4th. DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a research note on Friday, March 27th. Jefferies Financial Group reiterated a “buy” rating and issued a $55.00 price target on shares of Barrick Mining in a research report on Sunday, December 7th. Finally, Zacks Research lowered Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.83.

Barrick Mining Trading Up 0.1%

B stock opened at $41.67 on Friday. 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 has a market capitalization of $69.81 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 1.36 and a beta of 0.50. The business has a fifty day moving average price of $45.28 and a 200 day moving average price of $41.27. Barrick Mining Corporation has a fifty-two week low of $17.00 and a fifty-two week high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $5.15 billion. The company’s revenue was up 44.6% compared to the same quarter last year. Analysts expect that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a yield of 4.0%. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is currently 57.34%.

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.