Barrick Mining Corporation $B is Butensky & Cohen Financial Security Inc.’s 6th Largest Position

Butensky & Cohen Financial Security Inc. lessened its stake in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 7.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 159,802 shares of the gold and copper producer’s stock after selling 13,741 shares during the period. Barrick Mining comprises about 1.9% of Butensky & Cohen Financial Security Inc.’s investment portfolio, making the stock its 6th largest position. Butensky & Cohen Financial Security Inc.’s holdings in Barrick Mining were worth $6,959,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in B. Arlington Trust Co LLC acquired a new position in Barrick Mining during the 3rd quarter worth $26,000. JPL Wealth Management LLC bought a new stake in shares of Barrick Mining in the 3rd quarter worth about $28,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Barrick Mining in the 3rd quarter valued at about $31,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Barrick Mining in the 3rd quarter valued at about $32,000. Finally, Investors Research Corp bought a new position in shares of Barrick Mining during the third quarter worth about $36,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on B shares. DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Jefferies Financial Group restated a “buy” rating and set a $55.00 price objective on shares of Barrick Mining in a research note on Sunday, December 7th. Canaccord Genuity Group reduced their target price on Barrick Mining to $77.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Citigroup lifted their target price on Barrick Mining from $38.00 to $48.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Finally, Scotiabank boosted their price target on Barrick Mining from $43.00 to $63.00 and gave the company an “outperform” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.25.

Barrick Mining Trading Down 3.9%

NYSE B opened at $37.47 on Friday. Barrick Mining Corporation has a one year low of $17.00 and a one year high of $54.69. The company has a 50-day simple moving average of $46.35 and a 200-day simple moving average of $40.71. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The firm has a market capitalization of $62.77 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 1.29 and a beta of 0.41.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings data 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 firm had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. The company’s revenue for the quarter was up 44.6% on a year-over-year basis. On average, equities analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.5%. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. Barrick Mining’s dividend payout ratio is currently 57.34%.

More Barrick Mining News

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

• Positive Sentiment: Support from firmer gold and shareholder‑return narrative — Rising gold helped sentiment this week and analysts/investors have been encouraged by Barrick’s stepped‑up capital returns, buybacks and management’s plan to pursue an IPO of certain North American assets, which can support valuation even as near‑term project timing slips. Barrick Mining gains as gold prices firm and investors lean into its capital-return and IPO narrative
• Positive Sentiment: Analyst support — Recent analyst coverage and price‑target lifts (one note setting a $55.25 PT) provide a bullish reference point that could limit downside if company fundamentals remain intact. Analysts Set Barrick Mining Corporation (NYSE:B) PT at $55.25
• Neutral Sentiment: Sector volatility backdrop — Mining stocks have been sensitive to geopolitical developments around Iran/the Middle East, producing broad swings in the group that affect Barrick independently of company‑specific news. This amplifies market reaction to project‑level updates. Why the Gold Rush Is Over for These Mining Stocks
• Negative Sentiment: Reko Diq delay raises project/timing risk — Multiple reports (FT, Bloomberg, Northern Miner and others) say Barrick is slowing or delaying development at the Reko Diq mega‑mine in Pakistan because regional instability linked to the Middle East conflict has weakened security and increased execution risk. That defers expected future copper/gold output, CAPEX deployment timing and related cash‑flow upside, prompting a risk premium on the stock. Barrick delays Pakistan’s Reko Diq project as Middle East war adds to weakening security – FT

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.