Allianz Asset Management GmbH raised its holdings in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 338.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 911,924 shares of the gold and copper producer’s stock after purchasing an additional 704,092 shares during the period. Allianz Asset Management GmbH owned about 0.05% of Barrick Mining worth $29,958,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Arlington Trust Co LLC bought a new stake in shares of Barrick Mining during the 3rd quarter valued at about $26,000. Investors Research Corp acquired a new position in Barrick Mining in the third quarter valued at approximately $36,000. Concord Wealth Partners bought a new position in shares of Barrick Mining during the second quarter valued at approximately $26,000. Cloud Capital Management LLC acquired a new stake in shares of Barrick Mining during the 3rd quarter worth approximately $40,000. Finally, Grove Bank & Trust acquired a new stake in shares of Barrick Mining during the 3rd quarter worth approximately $41,000. 90.82% of the stock is owned by institutional investors and hedge funds.
Barrick Mining Stock Down 7.5%
B stock opened at $43.80 on Friday. The firm’s 50-day moving average is $45.85 and its two-hundred day moving average is $35.56. The company has a market capitalization of $73.37 billion, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 0.39 and a beta of 0.40. Barrick Mining Corporation has a 52 week low of $16.92 and a 52 week high of $54.69. The company has a current ratio of 2.94, a quick ratio of 2.33 and a debt-to-equity ratio of 0.14.
Barrick Mining Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders 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 yield of 3.8%. 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 dividend payout ratio is currently 33.82%.
Analyst Ratings Changes
A number of brokerages recently commented on B. BNP Paribas Exane upgraded Barrick Mining to a “neutral” rating and set a $50.00 price objective for the company in a research note on Friday, December 5th. TD Cowen reissued a “buy” rating on shares of Barrick Mining in a report on Wednesday, November 26th. Royal Bank Of Canada upped their price target on shares of Barrick Mining from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Raymond James Financial lifted their price objective on shares of Barrick Mining from $40.00 to $42.00 and gave the company an “outperform” rating in a research report on Tuesday, November 25th. Finally, Wall Street Zen lowered shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $53.08.
Read Our Latest Research Report on B
Barrick Mining News Roundup
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Q4 beat and stronger operating results: Barrick reported Q4 EPS of $1.04 (above consensus) and revenue up ~44.6% year‑over‑year, with record quarterly cash flow and record shareholder returns — a clear near‑term earnings and cash strength signal. Article Title
- Positive Sentiment: Big dividend increase and new payout policy: Barrick declared a $0.42/share Q4 dividend (about +140% vs prior quarter) and introduced a cash‑flow–linked dividend policy — increases near‑term yield and signals confidence in free cash generation. Article Title
- Positive Sentiment: Board/leadership moves to support North America IPO: Barrick added Robert Samek to the board and elevated Mark Hill to President & CEO to lead the planned IPO of North American gold assets — governance and leadership changes aimed at executing the spin‑off. Article Title
- Positive Sentiment: Company planning a North American gold IPO this year: Management confirmed it will pursue an IPO/spin‑off of its North American gold business — a value‑unlocking move that could re‑rate assets over time if executed at attractive valuations. Article Title
- Neutral Sentiment: Analyst commentary and upgrades mixed but constructive: Canaccord and other analysts issued supportive notes after the results, highlighting the company’s cash profile and operational progress; some analysts also caution on costs. Article Title
- Negative Sentiment: Large shareholder exit and profit‑taking pressure: A material stake sale by Azvalor managers was reported and flagged as a ~‑3.4% flow impact, and coverage noted investor scrutiny of the strategic pivot — both likely contributed to selling pressure and the stock pullback. Article Title
- Negative Sentiment: IPO/spin‑off creates near‑term uncertainty: While an IPO can unlock value, it raises questions on timing, structure, potential tax/shareholder impacts and whether some upside is already priced in after a big run — reasons for short‑term volatility. Article Title
Barrick Mining Company 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.
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