Barrick Mining Corporation $B Shares Sold by Evexia Wealth LLC

Evexia Wealth LLC trimmed its stake in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 375,167 shares of the gold and copper producer’s stock after selling 13,358 shares during the quarter. Barrick Mining makes up about 4.7% of Evexia Wealth LLC’s portfolio, making the stock its 4th biggest holding. Evexia Wealth LLC’s holdings in Barrick Mining were worth $16,339,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Philadelphia Trust Co. acquired a new position in shares of Barrick Mining during the 2nd quarter worth about $1,412,000. Quadrature Capital Ltd lifted its stake in Barrick Mining by 113.2% in the 3rd quarter. Quadrature Capital Ltd now owns 3,984,800 shares of the gold and copper producer’s stock valued at $130,764,000 after purchasing an additional 2,115,800 shares during the last quarter. CIBC Asset Management Inc grew its holdings in Barrick Mining by 316.0% during the third quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock worth $601,115,000 after purchasing an additional 13,891,886 shares during the period. BlueCrest Capital Management Ltd bought a new position in Barrick Mining during the third quarter worth about $1,889,000. Finally, Truist Financial Corp increased its position in Barrick Mining by 46.5% during the third quarter. Truist Financial Corp now owns 65,112 shares of the gold and copper producer’s stock worth $2,134,000 after buying an additional 20,655 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Barrick Mining Trading Down 1.3%

Shares of NYSE:B opened at $41.67 on Friday. Barrick Mining Corporation has a 12-month low of $17.00 and a 12-month high of $54.69. The business has a 50 day moving average of $45.47 and a 200-day moving average of $41.09. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. The stock has a market cap of $69.81 billion, a PE ratio of 14.22, a P/E/G ratio of 1.38 and a beta of 0.50.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.19. The company had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company’s revenue for the quarter was up 44.6% on a year-over-year basis. As a group, equities research analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

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

Key Headlines 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

Analyst Upgrades and Downgrades

Several research firms have issued reports on B. Canaccord Genuity Group dropped their price objective on Barrick Mining to $77.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Jefferies Financial Group reissued a “buy” rating and set a $55.00 target price on shares of Barrick Mining in a report on Sunday, December 7th. JPMorgan Chase & Co. assumed coverage on Barrick Mining in a research note on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price target on the stock. DZ Bank raised Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Barrick Mining presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.83.

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.