HighTower Advisors LLC raised its position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 2.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,138,764 shares of the gold and copper producer’s stock after purchasing an additional 22,181 shares during the period. HighTower Advisors LLC’s holdings in Barrick Mining were worth $37,317,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of B. Vanguard Group Inc. bought a new stake in Barrick Mining during the second quarter valued at $1,459,633,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Barrick Mining during the 2nd quarter valued at about $1,091,122,000. First Eagle Investment Management LLC acquired a new stake in Barrick Mining during the second quarter worth approximately $822,056,000. CIBC Asset Management Inc grew its stake in Barrick Mining by 316.0% during the third quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock worth $601,115,000 after purchasing an additional 13,891,886 shares during the period. Finally, Geode Capital Management LLC bought a new stake in Barrick Mining in the second quarter worth approximately $307,855,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.
Barrick Mining Stock Performance
Shares of B opened at $46.65 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The stock has a 50 day moving average price of $46.77 and a two-hundred day moving average price of $37.19. The firm has a market capitalization of $78.16 billion, a P/E ratio of 15.92, a P/E/G ratio of 0.39 and a beta of 0.40. Barrick Mining Corporation has a 52 week low of $17.00 and a 52 week high of $54.69.
Barrick Mining Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is presently 23.89%.
Key Headlines Impacting Barrick Mining
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Mali renewed Barrick’s Loulo mining licence for 10 years, resolving a recent standoff and restoring long‑term operating certainty for the Loulo‑Gounkoto complex — this reduces political/regulatory risk for one of Barrick’s material West African assets and supports future production and cash flow. Article Title
- Positive Sentiment: Wall Street and independent outlets continue to flag Barrick as a strong performer after its Feb. 5 quarter: coverage highlights its Q4 beat and bullish 12‑month analyst targets implying material upside, which can support investor sentiment and buying interest. Article Title
- Positive Sentiment: Momentum ranking pieces (e.g., Zacks) point to Barrick as a top‑ranked growth name based on style scores and recent fundamentals, reinforcing the narrative that the company’s earnings and cash generation are improving. Article Title
- Neutral Sentiment: Quarterly fundamentals remain supportive: Barrick reported a solid Q4 (beat on EPS and revenue, margin expansion) that underpins analyst optimism — but much of that is already priced in and now hinges on execution and metal prices.
- Negative Sentiment: An analyst trimmed FY2026 EPS estimates for Barrick, which could act as a short‑term headwind for the share price if analysts follow with broader downgrades or lower targets. This offsets some of the positive licensing news and may explain pressure on the stock. Article Title
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. Zacks Research downgraded shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a research note on Monday, December 29th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $71.00 price objective on shares of Barrick Mining in a research report on Wednesday, February 4th. Citigroup raised their target price on Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Finally, Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $53.58.
Read Our Latest Research Report on Barrick Mining
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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