20,024 Shares in Barrick Mining Corporation $B Acquired by GK Wealth Management LLC

GK Wealth Management LLC acquired a new position in Barrick Mining Corporation (NYSE:B) (TSE:ABX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,024 shares of the gold and copper producer’s stock, valued at approximately $656,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truist Financial Corp purchased a new stake in Barrick Mining in the 2nd quarter worth $926,000. US Bancorp DE purchased a new position in shares of Barrick Mining in the second quarter valued at about $620,000. Blair William & Co. IL bought a new position in shares of Barrick Mining in the second quarter worth about $2,265,000. IFP Advisors Inc purchased a new stake in shares of Barrick Mining during the second quarter worth about $144,000. Finally, Apollon Wealth Management LLC bought a new stake in Barrick Mining during the 2nd quarter valued at approximately $561,000. 90.82% of the stock is currently owned by institutional investors.

Barrick Mining Stock Up 0.7%

Shares of B opened at $46.97 on Wednesday. The company has a market cap of $78.69 billion, a PE ratio of 16.03, a P/E/G ratio of 0.39 and a beta of 0.40. The business has a fifty day moving average of $46.12 and a 200 day moving average of $36.28. Barrick Mining Corporation has a 52-week low of $17.00 and a 52-week high of $54.69. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13.

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

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 paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, February 27th. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 annualized dividend and a yield of 3.6%. Barrick Mining’s payout ratio is 57.34%.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: ATB Cormark upgraded Barrick to a “moderate buy,” giving the stock near-term support from a broker-level sentiment shift. ATB Cormark upgrade (Zacks)
• Positive Sentiment: Plans to IPO/top-shelf North American gold assets are being presented as a value-unlocking move that recasts Barrick’s risk profile and could boost NAV-based valuation if executed cleanly. Barrick Mining IPO Of Top Gold Assets Reshapes Risk And Valuation
• Positive Sentiment: Zacks highlighted Barrick as a top long-term value stock, reinforcing the narrative that the company’s fundamentals, dividend profile and commodity exposure make it attractive to value investors. Why Barrick Mining (B) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Barrick named new board members, a governance change that may matter over the medium term for oversight and IPO execution but is not an immediate earnings driver. Barrick Mining names new Board members
• Neutral Sentiment: Analyst coverage is mixed — UBS trimmed its target while other banks (e.g., CIBC) turned more bullish — creating short-term price volatility as the market digests divergent forecasts. Barrick Mining Corporation (B) Draws Mixed Views as UBS Cuts Target and CIBC Turns More Bullish
• Negative Sentiment: Newmont has publicly pressed Barrick to fix performance at Nevada operations ahead of the planned IPO, highlighting operational risks that could delay or reduce the IPO’s upside if not resolved. Newmont presses Barrick on Nevada performance ahead of IPO
• Negative Sentiment: Macro/sector commentary warns gold miners could be due for a pullback, which creates downside risk independent of company-specific catalysts. 3 Contrarian “Buy the Dip” Picks—and One Area to Avoid (B)

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Scotiabank upped their price target on Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Zacks Research downgraded shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Royal Bank Of Canada boosted their target price on Barrick Mining from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Finally, Bank of America upgraded shares of Barrick Mining from a “neutral” rating to a “buy” rating and increased their price objective for the company from $38.00 to $48.00 in a research report on Monday, November 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $53.58.

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.