Barrick Mining (NYSE:B) Trading Down 1.7% – Here’s What Happened

Barrick Mining Corporation (NYSE:B) (TSE:ABX) dropped 1.7% on Thursday . The company traded as low as $49.93 and last traded at $52.0640. Approximately 24,065,097 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 15,498,284 shares. The stock had previously closed at $52.98.

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 (~30% upside vs. current levels), a high-profile endorsement that typically attracts institutional flows and lends momentum to the stock. JPMorgan starts Barrick Mining at Overweight
• Positive Sentiment: Multiple analysts have raised price targets on Barrick this morning, signaling improved sell-side sentiment and supporting potential upside in the shares as expectations for cash flow and metal-price exposure firm. Analysts Raise Barrick Mining (B) Price Targets
• Positive Sentiment: Brokerage consensus is constructive—Barrick received an average “Buy” rating from brokerages, which supports medium-term fund buying interest and validates recent positive research activity. Barrick Mining Corporation Receives Average Rating of “Buy”
• Positive Sentiment: Reports point to surging Barrick shares on record metal prices and strategic shifts—strong commodity prices (gold/copper) improve revenue and margin outlooks, which is a fundamental tailwind for the stock. Barrick Gold Shares Surge Amid Record Metal Prices
• Neutral Sentiment: Barrick is scheduled to report quarterly earnings next week; that timing centralizes near-term price risk around the release and guidance. Investors may wait for the print before adding exposure. Barrick Mining Expected to Announce Quarterly Earnings
• Negative Sentiment: Zacks notes Barrick lacks the mix of factors likely to produce an earnings beat in the upcoming report, flagging downside risk if results or guidance disappoint relative to elevated expectations. Barrick Mining (B) Earnings Expected to Grow: What to Know

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on B. JPMorgan Chase & Co. initiated coverage on shares of Barrick Mining in a report on Thursday. They issued an “overweight” rating and a $68.00 price objective for the company. Zacks Research downgraded shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. BNP Paribas Exane upgraded Barrick Mining to a “neutral” rating and set a $50.00 price target on the stock in a report on Friday, December 5th. Bank of America upgraded Barrick Mining from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $38.00 to $48.00 in a research note on Monday, November 24th. Finally, Wall Street Zen lowered shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Three research 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $50.33.

Barrick Mining Stock Down 1.7%

The firm has a market cap of $87.23 billion, a price-to-earnings ratio of 25.15, a price-to-earnings-growth ratio of 0.47 and a beta of 0.41. The stock has a 50-day moving average of $44.86 and a 200-day moving average of $34.56. 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 (NYSE:B) (TSE:ABX) last issued its earnings results on Monday, November 10th. The gold and copper producer reported $0.58 earnings per share 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 firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same period last year, the company earned $0.09 earnings per share. The firm’s revenue for the quarter was up 23.2% on a year-over-year basis. As a group, sell-side analysts forecast that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

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

Institutional Investors Weigh In On Barrick Mining

Several large investors have recently made changes to their positions in B. S.A. Mason LLC grew its holdings in Barrick Mining by 1.3% in the 4th quarter. S.A. Mason LLC now owns 23,114 shares of the gold and copper producer’s stock worth $1,007,000 after buying an additional 300 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its position in Barrick Mining by 4.2% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 8,300 shares of the gold and copper producer’s stock worth $361,000 after acquiring an additional 332 shares during the period. Cary Street Partners Investment Advisory LLC grew its stake in shares of Barrick Mining by 19.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,260 shares of the gold and copper producer’s stock worth $74,000 after purchasing an additional 373 shares in the last quarter. Quilter Plc increased its holdings in shares of Barrick Mining by 3.6% during the fourth quarter. Quilter Plc now owns 10,670 shares of the gold and copper producer’s stock valued at $465,000 after purchasing an additional 375 shares during the period. Finally, Capital Investment Advisory Services LLC increased its holdings in shares of Barrick Mining by 5.3% during the fourth quarter. Capital Investment Advisory Services LLC now owns 7,411 shares of the gold and copper producer’s stock valued at $323,000 after purchasing an additional 376 shares during the period. Institutional investors and hedge funds own 90.82% of the company’s stock.

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.