Barrick Mining (NYSE:B) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Barrick Mining (NYSE:B) (TSE:ABX) announced its earnings results on Monday. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01, Briefing.com reports. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. The business’s revenue for the quarter was up 43.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 EPS.

Barrick Mining Price Performance

B stock opened at $43.69 on Monday. The company has a market cap of $71.91 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 0.93 and a beta of 0.47. The company has a current ratio of 3.06, a quick ratio of 2.44 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average price of $38.37 and a two-hundred day moving average price of $42.04. Barrick Mining has a 12-month low of $22.13 and a 12-month high of $54.69.

Barrick Mining News Roundup

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

• Positive Sentiment: Newmont dispute resolved: Barrick agreed to settle its longstanding Nevada Gold Mines joint-venture dispute with Newmont, reportedly receiving $1.95 billion in cash. The amended agreement also includes property contributions and removes a major obstacle to Barrick’s planned North American IPO or spinoff. Newmont’s consent gives Barrick greater flexibility to unlock value from its U.S. gold assets. Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion
• Positive Sentiment: Quarterly earnings beat expectations: Barrick reported second-quarter earnings of $0.82 per share, ahead of the $0.81 consensus estimate and up sharply from $0.47 a year earlier. Revenue increased 43.8% year over year, supported by higher gold and copper prices. The company also declared a quarterly dividend of $0.175 per share, payable September 15 to shareholders of record August 31. Barrick Reports Second Quarter 2026 Results
• Positive Sentiment: Spinoff leadership announced: Barrick named Hill to lead the North American spinoff, providing additional evidence that the transaction is advancing and potentially improving management focus on the new company. Barrick Names Hill North American Spinoff CEO After Newmont Deal
• Neutral Sentiment: Conflicting profit headlines: Some reports described Barrick as missing second-quarter profit estimates, while the reported $0.82 per share exceeded the cited consensus estimate. The discrepancy may reflect different earnings measures or estimates, so investors will focus on the company’s detailed results and outlook. Barrick Mining Beats Q2 Earnings and Revenue Estimates
• Negative Sentiment: Investor backlash remains: Shareholders have questioned the plan to spin off Barrick’s prized North American gold assets, raising concerns about strategic execution, governance and whether the restructuring will create value or separate the company from high-quality mines. Barrick Chairman’s Planned Overhaul Meets Investor Backlash

Hedge Funds Weigh In On Barrick Mining

Several hedge funds and other institutional investors have recently modified their holdings of B. Intesa Sanpaolo Wealth Management purchased a new position in Barrick Mining in the fourth quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of Barrick Mining in the 3rd quarter valued at $28,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Barrick Mining in the 3rd quarter valued at $31,000. HM Payson & Co. lifted its holdings in shares of Barrick Mining by 736.0% during the 4th quarter. HM Payson & Co. now owns 836 shares of the gold and copper producer’s stock valued at $36,000 after acquiring an additional 736 shares in the last quarter. Finally, Peterson Wealth Services purchased a new stake in Barrick Mining during the 4th quarter worth $52,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on B shares. Scotiabank reduced their price target on Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Wall Street Zen downgraded Barrick Mining from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. JPMorgan Chase & Co. dropped their target price on Barrick Mining from $58.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. UBS Group reduced their target price on Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Finally, Canadian Imperial Bank of Commerce lowered their price target on Barrick Mining to $63.00 and set an “outperformer” rating for the company in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Barrick Mining currently has an average rating of “Moderate Buy” and a consensus target price of $52.46.

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.