Maryland State Retirement & Pension System raised its holdings in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 578,739 shares of the gold and copper producer’s stock after acquiring an additional 15,851 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Barrick Mining were worth $19,003,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in B. Vermillion Wealth Management Inc. bought a new stake in Barrick Mining in the second quarter valued at about $25,000. Crowley Wealth Management Inc. acquired a new stake in shares of Barrick Mining in the 2nd quarter valued at approximately $26,000. Concord Wealth Partners acquired a new position in Barrick Mining during the second quarter valued at approximately $26,000. Arlington Trust Co LLC acquired a new stake in Barrick Mining in the third quarter worth $26,000. Finally, Ameriflex Group Inc. bought a new position in shares of Barrick Mining during the second quarter worth $27,000. Institutional investors 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: Analysts argue Barrick is a “tier‑one” gold/copper producer with strong leverage to rising metals prices; margins and earnings could accelerate if metals stay firm, supporting upside vs. peers. Barrick Mining: A Tier One Producer Ready To Rally Hard
- Positive Sentiment: Another bullish note highlights growth catalysts — Fourmile (Nevada) discovery, potential mine expansions and an IPO/spin‑off of Nevada/Pueblo Viejo assets that could unlock valuation multiple. These are medium‑term re‑rating catalysts if management executes. Barrick Mining: Don’t Miss This Gold Mine Expansion And IPO Re‑Rating Story
- Positive Sentiment: Egypt engagement: Egypt’s petroleum minister reviewed Barrick’s gold exploration program, signalling potential new jurisdictional upside and exploration optionality outside higher‑risk West African exposure. Petroleum minister reviews Barrick Gold’s program for gold exploration in Egypt
- Neutral Sentiment: Valuation/positioning notes: Several market pieces ask whether the recent ~1‑yr run (large share gains) leaves Barrick fully priced; these discuss stretched near‑term multiples although many see longer‑term upside — useful context for risk/reward but not an immediate catalyst. Is It Too Late To Consider Barrick Mining (B) After Its 1-Year 221% Share Price Surge
- Neutral Sentiment: Another valuation review assesses Barrick after strong momentum and earnings growth; helpful for longer‑term allocation decisions but doesn’t change near‑term production risk. Assessing Barrick Mining (NYSE:B) Valuation After Strong Share Price Momentum And Earnings Growth
- Negative Sentiment: Mali dispute: Barrick confirmed a significant output decline tied to its standoff in Mali — this removed a mid‑teens percentage of attributable production and is a direct hit to near‑term volumes and cash flow, a clear downside catalyst for the stock. Barrick Gold Confirms Significant Output Decline Following Mali Dispute
- Negative Sentiment: Industry data: Mali’s industrial gold output has plunged amid the Barrick standoff, underscoring the scale of disrupted production and raising near‑term supply/earnings uncertainty for Barrick. Mali industrial gold output plummets on Barrick standoff
- Negative Sentiment: Operational weakness: Barrick’s Q3 gold sales fell ~13% Y/Y and the company flagged output issues at certain mines, which clouds 2025 production targets and near‑term guidance. Barrick Mining’s Gold Sales Drop Y/Y in Q3: Will It Rebound in Q4?
- Negative Sentiment: Analyst action: Zacks Research downgraded Barrick from “strong‑buy” to “hold,” reflecting near‑term execution and/or valuation concerns — a sentiment headwind for the stock. Zacks downgrade / coverage note
Barrick Mining Stock Performance
Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last released its quarterly earnings data on Monday, November 10th. The gold and copper producer reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Barrick Mining had a return on equity of 9.48% and a net margin of 24.53%.The business’s revenue was up 23.2% on a year-over-year basis. During the same period last year, the firm posted $0.09 earnings per share. As a group, equities analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current year.
Barrick Mining Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, November 28th. This is a boost from Barrick Mining’s previous quarterly dividend of $0.15. Barrick Mining’s dividend payout ratio (DPR) is currently 33.82%.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. TD Securities raised their price objective on Barrick Mining from $38.00 to $46.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a research report on Monday, December 29th. Wall Street Zen lowered Barrick Mining from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. UBS Group boosted their price objective on shares of Barrick Mining from $39.00 to $47.00 and gave the company a “buy” rating in a research report on Monday, December 1st. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Barrick Mining in a research note on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.17.
Get Our Latest Research Report on B
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.
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