Barrick Mining Corporation (NYSE:B) Given Average Rating of “Moderate Buy” by Analysts

Shares of Barrick Mining Corporation (NYSE:BGet Free Report) (TSE:ABX) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $55.25.

Several analysts recently weighed in on B shares. Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Cormark upgraded Barrick Mining from a “hold” rating to a “moderate buy” rating in a report on Tuesday, November 11th. TD Cowen reissued a “buy” rating on shares of Barrick Mining in a research report on Wednesday, November 26th. UBS Group set a $55.00 price objective on shares of Barrick Mining in a report on Friday, February 6th. Finally, Zacks Research lowered shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th.

Get Our Latest Analysis on B

Barrick Mining Trading Down 1.2%

NYSE B opened at $47.95 on Monday. The company has a market capitalization of $80.33 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 0.39 and a beta of 0.40. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 2.33. Barrick Mining has a 12 month low of $17.00 and a 12 month high of $54.69. The company’s fifty day moving average price is $47.11 and its two-hundred day moving average price is $37.73.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last released its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.19. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. The company had revenue of $5.98 billion during the quarter, compared to the consensus estimate of $5.15 billion. The business’s revenue was up 44.6% compared to the same quarter last year. As a group, research analysts predict that Barrick Mining will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is currently 23.89%.

Barrick Mining News Summary

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

  • Positive Sentiment: Major investor support — a large institutional investor publicly backed Barrick, which can help sentiment and provide buying support amid geopolitical scrutiny. Major Investor Backs Barrick Gold
  • Positive Sentiment: Mali settlement and Loulo extension — Barrick’s resolution of a Mali dispute and an extension at the Loulo-Gounkoto complex removes a key overhang on West African operations and clarifies near‑term production prospects. That should support medium-term cash flow visibility. What Barrick Mining’s Mali Dispute Settlement Means
  • Neutral Sentiment: Peer comparison — recent write-ups comparing Barrick (B) to Kinross (KGC) highlight both firms’ strong projects and rising cash flows; these analyses provide context but don’t change fundamentals on their own. B vs. KGC: Which Gold Mining Stock Is the Better Pick Now?
  • Neutral Sentiment: Post-earnings positioning and volatility — market commentary suggests the stock’s pullback is partly profit-taking after a run-up and sensitivity to choppy precious‑metals prices; Barrick’s announced plans (including preparing an IPO of its North American gold assets) add short‑term structural uncertainty. Barrick slides as precious-metals volatility weighs
  • Negative Sentiment: Newmont default notice — Newmont has filed a notice of default alleging mismanagement at Nevada Gold Mines, giving Barrick 30 days to remedy under their 2019 JV agreement. That raises governance, legal and operational risk for Barrick’s largest asset and is a material near‑term overhang. Newmont Sends Notice of Default to Barrick
  • Negative Sentiment: Rising unit costs — analyst coverage and articles flag higher unit costs that could erode Barrick’s recent profit momentum despite stronger gold prices; this pressure on margins is weighing on near‑term earnings outlooks. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?
  • Negative Sentiment: Analyst caution — at least one broker has issued a pessimistic forecast for Barrick’s stock, adding downward pressure on sentiment and potentially limiting near‑term upside until clarity on costs, the Nevada dispute and the North American IPO plan arrives. Canaccord Genuity Issues Pessimistic Forecast

Hedge Funds Weigh In On Barrick Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC acquired a new stake in shares of Barrick Mining in the second quarter valued at approximately $317,000. D.A. Davidson & CO. bought a new position in Barrick Mining in the 2nd quarter worth approximately $2,287,000. Forum Financial Management LP acquired a new stake in Barrick Mining in the 2nd quarter valued at approximately $237,000. Bleakley Financial Group LLC bought a new stake in Barrick Mining during the 2nd quarter valued at $635,000. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in Barrick Mining during the 2nd quarter worth $2,311,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

About Barrick Mining

(Get 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.

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Analyst Recommendations for Barrick Mining (NYSE:B)

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