Barrick Mining (NYSE:B) Stock Rating Lowered by ATB Cormark Capital Markets

Barrick Mining (NYSE:B) (TSE:ABX) was downgraded by research analysts at ATB Cormark Capital Markets from a “moderate buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other research firms also recently issued reports on B. Zacks Research downgraded Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Scotiabank increased their target price on Barrick Mining from $43.00 to $63.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. UBS Group decreased their target price on Barrick Mining from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Friday, March 27th. Weiss Ratings restated a “buy (b)” rating on shares of Barrick Mining in a research note on Friday, March 27th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $71.00 target price on shares of Barrick Mining in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Barrick Mining presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.83.

Barrick Mining Stock Performance

B opened at $42.53 on Tuesday. The company has a market cap of $71.26 billion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 1.36 and a beta of 0.50. The stock has a 50-day moving average of $44.65 and a 200-day moving average of $41.49. Barrick Mining has a 52-week low of $17.41 and a 52-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 released its quarterly earnings results 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 company had revenue of $5.98 billion during 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%.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 will post 1.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Barrick Mining

Several large investors have recently added to or reduced their stakes in B. Financial Consulate Inc. raised its holdings in Barrick Mining by 1,042.0% in the 4th quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after acquiring an additional 521 shares in the last quarter. Westside Investment Management Inc. acquired a new position in Barrick Mining in the 4th quarter valued at approximately $25,000. Arlington Trust Co LLC acquired a new position in Barrick Mining in the 3rd quarter valued at approximately $26,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Barrick Mining during the 4th quarter valued at about $26,000. Finally, JPL Wealth Management LLC bought a new stake in Barrick Mining in the third quarter valued at about $28,000. 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: Ontario Court of Appeal dismisses appeal related to alleged human‑rights abuses near the North Mara mine — the ruling upholds that Ontario is not the appropriate forum and shifts the cases to Tanzania, lowering a key legal and reputational overhang for Barrick. Barrick Welcomes Ontario Court of Appeal’s Dismissal
• Neutral Sentiment: Barrick filed its 2026 Information Circular and materials for the virtual-only annual shareholders’ meeting — routine governance disclosure that sets out director nominations, governance proposals and meeting logistics but is not expected to materially move the share price by itself. Barrick Files 2026 Information Circular Ahead of Annual Meeting
• Negative Sentiment: Barrick confirmed it is slowing development work and extending its review at the Reko Diq copper‑gold project in Pakistan after rising security incidents — management now flags potential higher capital costs and timeline delays for a key future-growth asset, which increases execution and valuation risk. Barrick Mining Reko Diq Slowdown Puts Growth Plans And Valuation In Focus
• Negative Sentiment: ATB Cormark downgraded Barrick from “moderate buy” to “hold,” removing some analyst momentum and reflecting concern around near‑term growth/risk tradeoffs; such downgrades can weigh on sentiment even if fundamentals remain intact. Zacks / Downgrade reference

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.