Barrick Mining Corporation $B Shares Bought by Banque Pictet & Cie SA

Banque Pictet & Cie SA grew its position in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 25.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,500 shares of the gold and copper producer’s stock after acquiring an additional 21,000 shares during the period. Banque Pictet & Cie SA’s holdings in Barrick Mining were worth $4,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. XTX Topco Ltd purchased a new stake in Barrick Mining in the 2nd quarter valued at approximately $422,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Barrick Mining during the 2nd quarter worth approximately $1,012,000. M&T Bank Corp acquired a new stake in shares of Barrick Mining in the 2nd quarter valued at approximately $940,000. Quantbot Technologies LP purchased a new stake in shares of Barrick Mining in the second quarter valued at approximately $1,241,000. Finally, Beacon Pointe Advisors LLC purchased a new stake in shares of Barrick Mining in the second quarter valued at approximately $467,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

B has been the subject of several research analyst reports. Zacks Research cut Barrick Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating and set a $55.00 target price on shares of Barrick Mining in a research report on Sunday, December 7th. BNP Paribas Exane raised shares of Barrick Mining to a “neutral” rating and set a $50.00 price target on the stock in a research note on Friday, December 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Barrick Mining in a report on Friday, March 27th. Finally, Citigroup raised their price objective on shares of Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $54.83.

Barrick Mining Stock Performance

Barrick Mining stock opened at $41.67 on Friday. 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 market capitalization of $69.81 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 1.38 and a beta of 0.50. The stock has a fifty day moving average of $45.47 and a two-hundred day moving average of $41.09. 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 issued its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.19. The business had revenue of $5.98 billion for the quarter, compared to the consensus estimate of $5.15 billion. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.Barrick Mining’s quarterly revenue was up 44.6% compared to the same quarter last year. On average, analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were issued a $0.42 dividend. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date was Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a yield of 4.0%. Barrick Mining’s payout ratio is currently 57.34%.

Key Stories Impacting Barrick Mining

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

• Positive Sentiment: Barrick has formed an executive leadership team to pursue a North American IPO, a strategic move that could unlock valuation, broaden the investor base and create a path for asset or listing separation. Barrick forms executive leadership team to pursue North American IPO – Bloomberg
• Positive Sentiment: Barrick reported a sequential jump in Q4 gold sales (about +15%), driven by strong NGM performance and beat/solid revenue and EPS metrics, which supports near-term cash flow and margins. Barrick Mining’s Gold Sales Rise in Q4: Can It Keep Up in Q1?
• Neutral Sentiment: Revival Gold closed its acquisition of Mercur Mines LLC (formerly a Barrick asset) — a routine asset sale/transfer for Barrick that has limited direct impact on consolidated results but matters for regional asset footprint. Revival Gold Consolidates Mercur Gold Project
• Negative Sentiment: Barrick says it is reviewing all aspects of the Reko Diq project after a recent escalation in security risks and incidents — this raises the prospect of delays, higher security or capex costs, and pushes out expected production/cash flows from a major growth asset. Barrick Provides an Update on Reko Diq
• Negative Sentiment: Gold prices fell amid a stronger U.S. dollar (partly tied to geopolitical developments), pressuring gold miners’ near-term revenue — articles note miners could outperform on a rebound, but the immediate effect is downward pressure on margins and sentiment. Gold Falls as Dollar Rises. Why Mining Stocks Could Outperform.
• Negative Sentiment: Broader equity weakness (markets down on signals the Iran conflict may persist) is pressuring cyclicals and resource stocks, adding to today’s selling pressure on Barrick. Stocks Sink as President Trump Signals Iran War Will Drag On

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.