Barrick Mining (NYSE:B) Stock Price Up 3.5% – Time to Buy?

Barrick Mining Corporation (NYSE:B) (TSE:ABX)’s share price was up 3.5% during trading on Wednesday . The company traded as high as $42.68 and last traded at $42.2130. Approximately 12,834,448 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 16,106,112 shares. The stock had previously closed at $40.79.

More Barrick Mining News

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

• Positive Sentiment: Banque Pictet & Cie increased its stake in Barrick, growing to 102,500 shares — a sign of institutional accumulation that can support the stock. Banque Pictet Buys Barrick Shares
• Positive Sentiment: Barrick named the leadership team for a planned North America IPO, which could unlock value or provide strategic optionality if executed as expected. Barrick Names IPO Leadership
• Neutral Sentiment: Barrick reported higher Q4 gold sales (up ~15% sequentially) driven by NGM, but analysts flag a weaker production outlook for Q1 — supportive near-term revenue, uncertain momentum ahead. Q4 Gold Sales Rise
• Negative Sentiment: Barrick said it will slow development at the Reko Diq Pakistan copper project amid heightened security risks; the company warned of material increases to budget and timeline — a direct hit to near- and mid-term project value and capital deployment. Barrick Reko Diq Update
• Negative Sentiment: Exacerbating the Reko Diq drag, Barrick warned of “significant increases” to the Pakistan project’s budget and timeline — this raises execution risk and potential additional capital needs. Mining.com: Reko Diq Cost/Delay Warning
• Negative Sentiment: Gold prices have fallen as the dollar strengthened (geopolitical/dollar flows), pressuring mining equities; miners can be volatile when metal prices head lower even if company fundamentals remain intact. Gold Falls as Dollar Rises
• Negative Sentiment: Media commentary such as Jim Cramer expressing a preference for peers over Barrick adds short-term sentiment pressure; retail flows can respond to high-profile negative takes. Cramer on Barrick

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. ATB Cormark Capital Markets raised Barrick Mining to a “moderate buy” rating in a report on Monday, February 9th. Wall Street Zen raised shares of Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Jefferies Financial Group restated a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a research report on Sunday, December 7th. DZ Bank upgraded shares of Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Finally, JPMorgan Chase & Co. began coverage on shares of Barrick Mining in a research note on Thursday, January 29th. They set an “overweight” rating and a $68.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Barrick Mining has an average rating of “Moderate Buy” and an average target price of $54.83.

Barrick Mining Stock Up 0.1%

The firm has a 50 day moving average price of $45.47 and a 200-day moving average price of $41.09. The firm has a market cap of $69.81 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.38 and a beta of 0.50. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 2.33.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The firm had revenue of $5.98 billion during the quarter, compared to analysts’ expectations of $5.15 billion. Barrick Mining’s quarterly revenue was up 44.6% compared to the same quarter last year. As a group, equities analysts predict that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. Barrick Mining’s payout ratio is presently 57.34%.

Hedge Funds Weigh In On Barrick Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bogart Wealth LLC lifted its stake in shares of Barrick Mining by 3.5% in the 4th quarter. Bogart Wealth LLC now owns 6,442 shares of the gold and copper producer’s stock valued at $281,000 after purchasing an additional 218 shares during the period. Parvin Asset Management LLC increased its holdings in Barrick Mining by 0.7% in the fourth quarter. Parvin Asset Management LLC now owns 33,385 shares of the gold and copper producer’s stock valued at $1,454,000 after purchasing an additional 225 shares during the last quarter. Mmbg Investment Advisors CO. increased its holdings in Barrick Mining by 0.6% in the fourth quarter. Mmbg Investment Advisors CO. now owns 43,454 shares of the gold and copper producer’s stock valued at $1,892,000 after purchasing an additional 254 shares during the last quarter. S.A. Mason LLC lifted its stake in Barrick Mining by 1.3% in the fourth quarter. S.A. Mason LLC now owns 23,114 shares of the gold and copper producer’s stock valued at $1,007,000 after buying an additional 300 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in Barrick Mining by 1.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 31,212 shares of the gold and copper producer’s stock valued at $1,359,000 after buying an additional 302 shares during the period. 90.82% of the stock is owned by institutional investors.

Barrick Mining Company Profile

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.