Barrick Mining (NYSE:B) Given New $77.00 Price Target at Canaccord Genuity Group

Barrick Mining (NYSE:B) (TSE:ABX) had its price target cut by Canaccord Genuity Group to $77.00 in a research note published on Wednesday morning,Benzinga reports. They currently have a buy rating on the gold and copper producer’s stock.

Several other research firms have also weighed in on B. TD Cowen reissued a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Citigroup raised their price target on shares of Barrick Mining from $38.00 to $48.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Jefferies Financial Group reiterated a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a research note on Sunday, December 7th. Finally, Royal Bank Of Canada increased their target price 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. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $55.25.

Barrick Mining Stock Up 3.5%

B stock opened at $48.30 on Wednesday. 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 firm has a market cap of $80.92 billion, a PE ratio of 16.49, a P/E/G ratio of 0.38 and a beta of 0.40. Barrick Mining has a 12 month low of $17.00 and a 12 month high of $54.69. The firm has a 50 day simple moving average of $46.91 and a 200 day simple moving average of $37.27.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 EPS 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 company had revenue of $5.98 billion during the quarter, compared to the consensus estimate of $5.15 billion. The business’s revenue for the quarter was up 44.6% compared to the same quarter last year. Equities research analysts forecast that Barrick Mining will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be given 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 yield of 3.5%. The ex-dividend date of this dividend is Friday, February 27th. Barrick Mining’s payout ratio is presently 23.89%.

Hedge Funds Weigh In On Barrick Mining

Several hedge funds have recently bought and sold shares of the business. Financial Consulate Inc. lifted its position in shares of Barrick Mining by 1,042.0% in the fourth quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock worth $25,000 after buying an additional 521 shares during the last quarter. Westside Investment Management Inc. acquired a new stake in shares of Barrick Mining in the fourth quarter worth $25,000. Arlington Trust Co LLC acquired a new stake in shares of Barrick Mining in the third quarter worth $26,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Barrick Mining during the 4th quarter worth $26,000. Finally, JPL Wealth Management LLC acquired a new position in Barrick Mining in the 3rd quarter valued at $28,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Barrick Mining News Summary

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

• Positive Sentiment: Record cash flow and earnings beat — Barrick reported strong Q4/FY results (better EPS and revenue, strong gold and copper revenue, disciplined cost control) and management boosted the dividend, strengthening the fundamental case for higher share prices. What’s Happening With Barrick Stock?
• Positive Sentiment: Operational de‑risking: Mali extended the Loulo license for another 10 years, reducing geopolitical/regulatory uncertainty at a material gold asset. That supports production visibility and investor confidence. Loulo license renewed
• Positive Sentiment: Wall‑street interest and favorable positioning — coverage and commentary (including ranking among top foreign stocks) keep institutional attention on Barrick as a top gold/copper exposure after the Q4 beat. InsiderMonkey coverage
• Neutral Sentiment: Analyst target action — Canaccord cut its price target to $77 but kept a “buy” rating, signaling continued upside thesis despite a more conservative valuation view (the new target still implies meaningful upside). Benzinga note on price target
• Neutral Sentiment: Macro commodity backdrop — broader copper/gold demand themes (e.g., strength in copper markets cited for miners generally) can indirectly help Barrick because of its copper exposure, but this is thematic rather than company‑specific. Copper market context (BHP)
• Negative Sentiment: Valuation and guidance uncertainty — several articles call for reassessing Barrick after a large one‑year surge (mid‑double‑digit to 159% in some writeups) and point to a small 2026 production cut that triggered an ~8% pullback, raising near‑term risk that expectations are stretched. Is It Time To Reassess Barrick?
• Negative Sentiment: Mixed earnings signals and pullback risk — valuation pieces highlight that, after rapid gains, mixed signals (production tweaks, payout sizing vs reinvestment) increase volatility risk for short‑term holders. Assessing valuation after pullback

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.