Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. Decreases Stock Position in Barrick Mining Corporation $B

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. trimmed its stake in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 77.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,003 shares of the gold and copper producer’s stock after selling 16,867 shares during the quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s holdings in Barrick Mining were worth $204,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sageworth Trust Co acquired a new stake in Barrick Mining in the 1st quarter valued at about $284,000. Cvfg LLC purchased a new position in shares of Barrick Mining in the 1st quarter valued at about $4,303,000. Flatrock Wealth Partners LLC acquired a new position in shares of Barrick Mining during the first quarter worth about $289,000. Addison Capital Co grew its position in shares of Barrick Mining by 14.0% during the first quarter. Addison Capital Co now owns 6,495 shares of the gold and copper producer’s stock worth $265,000 after buying an additional 800 shares in the last quarter. Finally, Meridian Investment Counsel Inc. increased its stake in shares of Barrick Mining by 8.0% during the first quarter. Meridian Investment Counsel Inc. now owns 72,879 shares of the gold and copper producer’s stock worth $2,973,000 after buying an additional 5,370 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Stock Performance

Shares of B opened at $35.66 on Thursday. The company has a market capitalization of $59.31 billion, a price-to-earnings ratio of 9.85, a price-to-earnings-growth ratio of 1.05 and a beta of 0.48. Barrick Mining Corporation has a 52-week low of $20.52 and a 52-week high of $54.69. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average price of $40.24 and a 200 day moving average price of $43.46.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings data on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.18. The company had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. The company’s revenue was up 66.7% on a year-over-year basis. Research analysts predict that Barrick Mining Corporation will post 3.78 EPS for the current fiscal year.

Barrick Mining Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, May 29th. Barrick Mining’s dividend payout ratio (DPR) is 19.34%.

Analyst Ratings Changes

Several brokerages recently weighed in on B. Barclays began coverage on shares of Barrick Mining in a report on Thursday, May 21st. They issued an “equal weight” rating and a $41.00 target price on the stock. Canadian Imperial Bank of Commerce dropped their price objective on shares of Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a research report on Tuesday, April 21st. UBS Group reduced their price objective on shares of Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Weiss Ratings cut shares of Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Finally, ATB Cormark Capital Markets downgraded shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $53.15.

Key Stories Impacting Barrick Mining

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

• Positive Sentiment: Barrick is being highlighted as a potential beneficiary of renewed bullishness in gold, with some market commentary arguing the stock still looks inexpensive relative to its earnings and cash-flow potential. Gold expert turns bullish! Is now the time to buy Barrick Mining, Desert Gold, and First Majestic Silver?
• Positive Sentiment: Articles continue to note Barrick’s relatively low valuation and stronger long-term performance, supporting the case that the pullback may be overdone for investors focused on fundamentals. Is Barrick Mining (TSX:ABX) Fully Priced, Or Still A Bargain?
• Neutral Sentiment: Coverage focused on Barrick’s Mali exposure and broader gold-market positioning is keeping the stock in the news, but these pieces are mostly thematic rather than tied to a clear near-term operational catalyst. Immediate cash flow: Desert Gold is making the big leap and Barrick Mining and B2Gold continue to bet on Mali
• Neutral Sentiment: Another piece points to Barrick’s recent visibility on the S&P 500 radar and in gold-related screening, which may be supporting investor attention without directly changing fundamentals. Why Is Barrick Mining (NYSE:GOLD) Gaining S&P 500 Attention?
• Negative Sentiment: Barrick shares were cited as weakening in premarket trading as gold prices extended their decline, with sector-wide selling pressure weighing on the stock. Barrick Mining Shares Weaken as Gold Prices Extend Decline (B)

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.