Baader Bank Aktiengesellschaft Purchases 23,354 Shares of Barrick Mining Corporation $B

Baader Bank Aktiengesellschaft raised its stake in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 180.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 36,264 shares of the gold and copper producer’s stock after acquiring an additional 23,354 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Barrick Mining were worth $1,561,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of B. Financial Consulate Inc. lifted its stake in Barrick Mining by 1,042.0% in the fourth quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after buying an additional 521 shares in the last quarter. Westside Investment Management Inc. acquired a new stake in shares of Barrick Mining in the fourth quarter valued at approximately $25,000. Arlington Trust Co LLC acquired a new stake in shares of Barrick Mining in the third quarter valued at approximately $26,000. JPL Wealth Management LLC acquired a new stake in shares of Barrick Mining in the third quarter valued at approximately $28,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Barrick Mining in the fourth quarter valued at approximately $30,000. Institutional investors own 90.82% of the company’s stock.

Barrick Mining News Summary

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

• Positive Sentiment: Barrick topped Q1 expectations with stronger-than-expected gold production, higher cash flow, and earnings above estimates, reinforcing confidence in its operating execution. Barrick Mining’s Q1 Earnings and Sales Beat on Higher Gold Prices
• Positive Sentiment: The company announced a $3 billion share buyback program and maintained its dividend, signaling confidence in future cash generation and boosting shareholder-return appeal. Barrick bursts to two-month high after Q1 beat, $3B stock buyback plan
• Positive Sentiment: Analysts and commentators highlighted Barrick’s stronger free cash flow, higher realized gold prices, and improved profitability, with some calling it one of the better Canadian gold stocks right now. Here is Why Barrick Mining (B) is One of the Best Canadian Gold Stocks
• Neutral Sentiment: Investor attention is also building around Barrick’s planned North American spin-off, especially its Nevada gold assets, which could unlock value over time but is still in the planning stage. Barrick’s North American spin-off draws attention to Nevada gold treasure
• Neutral Sentiment: Some valuation-focused coverage suggests the stock has had a very strong run and may be less cheap than it was previously, which could temper upside expectations. Has Barrick Mining (B) Risen Too Far After 158% One Year Share Price Surge?

Barrick Mining Price Performance

NYSE:B opened at $44.88 on Thursday. Barrick Mining Corporation has a one year low of $17.41 and a one year high of $54.69. The firm’s fifty day moving average price is $41.95 and its two-hundred day moving average price is $42.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.33. The company has a market cap of $75.19 billion, a P/E ratio of 12.40, a P/E/G ratio of 1.36 and a beta of 0.41.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its earnings results on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. The company had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. The business’s revenue was up 66.7% on a year-over-year basis. Equities analysts expect that Barrick Mining Corporation will post 3.57 earnings per share for the current year.

Barrick Mining Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 29th. Barrick Mining’s payout ratio is presently 46.41%.

Analyst Ratings Changes

A number of analysts have recently issued reports on B shares. ATB Cormark Capital Markets downgraded shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Scotiabank boosted their target price on shares of Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. UBS Group boosted their target price on shares of Barrick Mining from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday. DZ Bank upgraded shares of Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. Finally, Canaccord Genuity Group lowered their target price on shares of Barrick Mining to $77.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Barrick Mining presently has an average rating of “Moderate Buy” and a consensus target price of $54.50.

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.