TD Waterhouse Canada Inc. Purchases 128,344 Shares of Barrick Mining Corporation $B

TD Waterhouse Canada Inc. raised its position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 39.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 453,759 shares of the gold and copper producer’s stock after acquiring an additional 128,344 shares during the period. TD Waterhouse Canada Inc.’s holdings in Barrick Mining were worth $15,821,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. bought a new stake in Barrick Mining in the 2nd quarter valued at $1,459,633,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Barrick Mining during the second quarter valued at about $696,000. Philadelphia Trust Co. acquired a new position in shares of Barrick Mining during the second quarter valued at about $1,412,000. Cadence Wealth Management LLC bought a new stake in shares of Barrick Mining in the second quarter valued at about $1,112,000. Finally, CIBC Asset Management Inc grew its position 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 buying an additional 13,891,886 shares in the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $68 price target (about ~30% upside from current levels), citing a valuation gap versus Agnico Eagle that favors Barrick — this is a major institutional endorsement that likely supported higher bids earlier in the session. JPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico Eagle
• Positive Sentiment: Multiple analysts raised price targets and the consensus brokerage view is bullish — recent coverage shifts and upgrades increase the odds of upward revisions to estimates and attract buy-side interest. Analysts Raise Barrick Mining (B) Price Targets
• Positive Sentiment: Macro/commodity support: coverage noting record metal prices and strategic moves at Barrick underpin the company’s cash flow profile and justify premium multiples versus peers, providing fundamental support beyond short-term trading noise. Barrick Gold Shares Surge Amid Record Metal Prices and Strategic Shifts
• Neutral Sentiment: Brokerage consensus remains constructive — Barrick has an average rating of “Buy” from covering firms, which supports medium-term demand but may already be priced in. Barrick Mining Corporation (NYSE:B) Receives Average Rating of “Buy” from Brokerages
• Neutral Sentiment: Upcoming results: Barrick is scheduled to report quarterly earnings next week — that timing is concentrating trading and volatility as investors position around guidance and metal-price sensitivity. Barrick Mining (B) Expected to Announce Quarterly Earnings on Thursday
• Negative Sentiment: Near-term beat odds limited: Zacks notes Barrick lacks the “right combination” of drivers to deliver a likely earnings beat next quarter, which can weaken short-term investor enthusiasm and invite selling into the print. Barrick Mining (B) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Profit‑taking and short‑term selling pressures have pushed the stock down today on heavier-than-average volume; with shares near recent multi‑year highs, some traders are locking gains ahead of the earnings release.

Barrick Mining Price Performance

Shares of Barrick Mining stock opened at $52.06 on Friday. The stock has a market capitalization of $87.23 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 0.47 and a beta of 0.41. The firm’s 50-day moving average price is $45.18 and its two-hundred day moving average price is $34.69. The company has a current ratio of 2.94, a quick ratio of 2.33 and a debt-to-equity ratio of 0.14. Barrick Mining Corporation has a 1-year low of $16.20 and a 1-year high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its earnings results on Monday, November 10th. The gold and copper producer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Barrick Mining had a return on equity of 9.48% and a net margin of 24.53%.The business had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the business earned $0.09 EPS. Barrick Mining’s revenue was up 23.2% compared to the same quarter last year. On average, equities analysts predict that Barrick Mining Corporation will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Barrick Mining’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, November 28th. Barrick Mining’s dividend payout ratio is 33.82%.

Analysts Set New Price Targets

Several equities analysts have commented on B shares. TD Securities upped their price target on Barrick Mining from $38.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Scotiabank raised their target price on Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday. UBS Group boosted their price target on shares of Barrick Mining from $39.00 to $47.00 and gave the company a “buy” rating in a report on Monday, December 1st. TD Cowen restated a “buy” rating on shares of Barrick Mining in a research note on Wednesday, November 26th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $55.00 target price on shares of Barrick Mining in a research report on Sunday, December 7th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $50.33.

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.