Bornite Capital Management LP Buys New Holdings in Barrick Mining Corporation $B

Bornite Capital Management LP purchased a new position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,000,000 shares of the gold and copper producer’s stock, valued at approximately $32,770,000. Barrick Mining comprises about 3.0% of Bornite Capital Management LP’s portfolio, making the stock its 13th biggest position.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Barrick Mining by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 70,878,168 shares of the gold and copper producer’s stock worth $2,327,991,000 after purchasing an additional 767,544 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Barrick Mining during the second quarter worth approximately $1,091,122,000. First Eagle Investment Management LLC acquired a new stake in shares of Barrick Mining in the second quarter worth $822,056,000. CIBC Asset Management Inc raised its stake in shares of Barrick Mining by 316.0% in the 3rd quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock valued at $601,115,000 after acquiring an additional 13,891,886 shares during the period. Finally, Geode Capital Management LLC acquired a new position in shares of Barrick Mining during the 2nd quarter valued at $307,855,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Barrick Mining Stock Up 3.5%

Shares of Barrick Mining stock opened at $48.30 on Thursday. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $46.91 and a 200 day moving average price of $37.27. Barrick Mining Corporation has a fifty-two week low of $17.00 and a fifty-two week high of $54.69. The firm has a market cap of $80.92 billion, a P/E ratio of 16.49, a P/E/G ratio of 0.38 and a beta of 0.40.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, topping the consensus estimate of $0.85 by $0.19. The company had revenue of $5.98 billion during the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company’s revenue was up 44.6% on a year-over-year basis. On average, sell-side analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently announced 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. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, February 27th. Barrick Mining’s dividend payout ratio is currently 23.89%.

Barrick Mining News Roundup

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

• Positive Sentiment: Record cash flow and earnings beat — Barrick reported strong Q4/FY results (better EPS and revenue, strong gold and copper revenue, disciplined cost control) and management boosted the dividend, strengthening the fundamental case for higher share prices. What’s Happening With Barrick Stock?
• Positive Sentiment: Operational de‑risking: Mali extended the Loulo license for another 10 years, reducing geopolitical/regulatory uncertainty at a material gold asset. That supports production visibility and investor confidence. Loulo license renewed
• Positive Sentiment: Wall‑street interest and favorable positioning — coverage and commentary (including ranking among top foreign stocks) keep institutional attention on Barrick as a top gold/copper exposure after the Q4 beat. InsiderMonkey coverage
• Neutral Sentiment: Analyst target action — Canaccord cut its price target to $77 but kept a “buy” rating, signaling continued upside thesis despite a more conservative valuation view (the new target still implies meaningful upside). Benzinga note on price target
• Neutral Sentiment: Macro commodity backdrop — broader copper/gold demand themes (e.g., strength in copper markets cited for miners generally) can indirectly help Barrick because of its copper exposure, but this is thematic rather than company‑specific. Copper market context (BHP)
• Negative Sentiment: Valuation and guidance uncertainty — several articles call for reassessing Barrick after a large one‑year surge (mid‑double‑digit to 159% in some writeups) and point to a small 2026 production cut that triggered an ~8% pullback, raising near‑term risk that expectations are stretched. Is It Time To Reassess Barrick?
• Negative Sentiment: Mixed earnings signals and pullback risk — valuation pieces highlight that, after rapid gains, mixed signals (production tweaks, payout sizing vs reinvestment) increase volatility risk for short‑term holders. Assessing valuation after pullback

Analyst Ratings Changes

B has been the topic of several research reports. Jefferies Financial Group reissued a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a research report on Sunday, December 7th. Wall Street Zen upgraded Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Royal Bank Of Canada boosted their target price on shares of Barrick Mining from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barrick Mining in a report on Monday, December 29th. Finally, Canaccord Genuity Group decreased their price objective on shares of Barrick Mining to $77.00 and set a “buy” rating for the company in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.25.

Barrick Mining 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.