Barrick Mining Corporation $B Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. reduced its stake in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 96.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 133,963 shares of the gold and copper producer’s stock after selling 4,171,638 shares during the period. Assenagon Asset Management S.A.’s holdings in Barrick Mining were worth $5,836,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Arlington Trust Co LLC acquired a new position in shares of Barrick Mining in the 3rd quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new stake in Barrick Mining in the 3rd quarter valued at approximately $28,000. Pin Oak Investment Advisors Inc. acquired a new stake in Barrick Mining in the 3rd quarter valued at approximately $31,000. Provenance Wealth Advisors LLC purchased a new stake in Barrick Mining in the third quarter valued at approximately $32,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in Barrick Mining in the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Trending Headlines about Barrick Mining

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 Stock Up 2.9%

B stock opened at $38.55 on Friday. The company’s 50 day moving average price is $46.15 and its 200 day moving average price is $40.85. The firm has a market capitalization of $64.59 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 1.28 and a beta of 0.41. Barrick Mining Corporation has a fifty-two week low of $17.00 and a fifty-two week high of $54.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. The business had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. Barrick Mining’s revenue was up 44.6% compared to the same quarter last year. On average, equities research analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.42 per share. 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. This represents a $1.68 annualized dividend and a dividend yield of 4.4%. Barrick Mining’s dividend payout ratio is 57.34%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on B shares. Weiss Ratings restated a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. UBS Group cut their price objective on Barrick Mining from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Friday. BNP Paribas Exane raised Barrick Mining to a “neutral” rating and set a $50.00 target price on the stock in a research note on Friday, December 5th. Citigroup raised their target price on Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $55.00 target price on shares of Barrick Mining in a research report on Sunday, December 7th. One research 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $54.83.

Barrick Mining 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.