UBS Group Has Lowered Expectations for Barrick Mining (NYSE:B) Stock Price

Barrick Mining (NYSE:B) (TSE:ABX) had its target price decreased by equities researchers at UBS Group from $55.00 to $50.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the gold and copper producer’s stock. UBS Group’s price objective suggests a potential upside of 29.69% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Citigroup raised their price target on Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. initiated coverage on shares of Barrick Mining in a research report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price objective on the stock. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. BNP Paribas Exane upgraded shares of Barrick Mining to a “neutral” rating and set a $50.00 target price for the company in a report on Friday, December 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. One analyst has 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $54.83.

Barrick Mining Stock Performance

B opened at $38.55 on Friday. Barrick Mining has a 1-year low of $17.00 and a 1-year high of $54.69. The stock has a market cap of $64.59 billion, a P/E ratio of 13.16, a P/E/G ratio of 1.28 and a beta of 0.41. The stock’s 50 day simple moving average is $46.15 and its 200 day simple moving average is $40.85. 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 (NYSE:B) (TSE:ABX) last issued its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. The firm had revenue of $5.98 billion during the quarter, compared to analysts’ expectations of $5.15 billion. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The firm’s quarterly revenue was up 44.6% on a year-over-year basis. As a group, equities analysts anticipate that Barrick Mining will post 1.47 EPS for the current fiscal year.

Institutional Trading of Barrick Mining

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Barrick Mining during the 2nd quarter worth about $1,091,122,000. Capital International Investors grew its holdings in shares of Barrick Mining by 35.9% during the third quarter. Capital International Investors now owns 101,846,588 shares of the gold and copper producer’s stock worth $3,340,709,000 after buying an additional 26,921,219 shares in the last quarter. CIBC Asset Management Inc raised its position in shares of Barrick Mining by 316.0% in the third quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock valued at $601,115,000 after buying an additional 13,891,886 shares during the last quarter. FIL Ltd lifted its stake in shares of Barrick Mining by 85.3% during the fourth quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock valued at $1,311,169,000 after buying an additional 13,853,587 shares during the period. Finally, Mackenzie Financial Corp purchased a new position in shares of Barrick Mining during the second quarter valued at approximately $246,392,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Key Barrick Mining News

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

• Positive Sentiment: UBS kept a Buy rating on Barrick while lowering its price target from $55 to $50, signaling continued analyst conviction and implying meaningful upside from current levels. Benzinga
• Neutral Sentiment: Macro/sector analysis pieces note that gold stocks have sharply retraced after prior rallies and debate when miners will recover — useful context for sentiment but not Barrick-specific action. Where Have All The Gold Stocks Gone?
• Neutral Sentiment: Broader mining coverage (e.g., SSRM outlook, MarketBeat stock idea lists) highlights sector dynamics—production ramps, cost trajectories, and macro flow into/out of miners—which can affect investor positioning in Barrick but are company-agnostic. SSRM Stock Outlook for 2026
• Negative Sentiment: Barrick has slowed/delayed work at the Reko Diq copper-gold project in Pakistan, citing rising regional security risks tied to Middle East tensions; this directly risks near‑term capex timing and longer-term production/cash‑flow from a multi‑billion dollar asset. Multiple outlets report the pause, including the FT and Bloomberg. FT: Barrick delays Reko Diq Bloomberg
• Negative Sentiment: Gold & mining stocks have been pressured by renewed geopolitical risk (Iran/Middle East conflict) and weaker gold price momentum, which tends to compress miner multiples and can offset company-level positive news. Why the Gold Rush Is Over

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.