Jupiter Asset Management Ltd. Has $17.20 Million Stock Position in Barrick Mining Corporation $B

Jupiter Asset Management Ltd. lowered its position in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 39.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 524,706 shares of the gold and copper producer’s stock after selling 344,487 shares during the period. Jupiter Asset Management Ltd.’s holdings in Barrick Mining were worth $17,195,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arlington Trust Co LLC bought a new stake in shares of Barrick Mining in the third quarter worth about $26,000. Wealth Preservation Advisors LLC acquired a new position in shares of Barrick Mining in the 2nd quarter valued at approximately $33,000. Investors Research Corp bought a new stake in Barrick Mining during the 3rd quarter worth approximately $36,000. CENTRAL TRUST Co acquired a new stake in Barrick Mining during the 2nd quarter worth approximately $37,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in Barrick Mining during the 2nd quarter worth approximately $39,000. 90.82% of the stock is currently owned by institutional investors.

Barrick Mining Trading Down 1.2%

Barrick Mining stock opened at $47.95 on Friday. The company has a market cap of $80.33 billion, a price-to-earnings ratio of 16.36, a P/E/G ratio of 0.39 and a beta of 0.40. The firm has a 50-day moving average of $47.11 and a 200-day moving average of $37.52. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 2.33. Barrick Mining Corporation has a one year low of $17.00 and a one year high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last released its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.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, equities analysts expect that Barrick Mining Corporation will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio (DPR) is currently 23.89%.

Barrick Mining News Roundup

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

• Positive Sentiment: Major investor support — a large institutional investor publicly backed Barrick, which can help sentiment and provide buying support amid geopolitical scrutiny. Major Investor Backs Barrick Gold
• Positive Sentiment: Mali settlement and Loulo extension — Barrick’s resolution of a Mali dispute and an extension at the Loulo-Gounkoto complex removes a key overhang on West African operations and clarifies near‑term production prospects. That should support medium-term cash flow visibility. What Barrick Mining’s Mali Dispute Settlement Means
• Neutral Sentiment: Peer comparison — recent write-ups comparing Barrick (B) to Kinross (KGC) highlight both firms’ strong projects and rising cash flows; these analyses provide context but don’t change fundamentals on their own. B vs. KGC: Which Gold Mining Stock Is the Better Pick Now?
• Neutral Sentiment: Post-earnings positioning and volatility — market commentary suggests the stock’s pullback is partly profit-taking after a run-up and sensitivity to choppy precious‑metals prices; Barrick’s announced plans (including preparing an IPO of its North American gold assets) add short‑term structural uncertainty. Barrick slides as precious-metals volatility weighs
• Negative Sentiment: Newmont default notice — Newmont has filed a notice of default alleging mismanagement at Nevada Gold Mines, giving Barrick 30 days to remedy under their 2019 JV agreement. That raises governance, legal and operational risk for Barrick’s largest asset and is a material near‑term overhang. Newmont Sends Notice of Default to Barrick
• Negative Sentiment: Rising unit costs — analyst coverage and articles flag higher unit costs that could erode Barrick’s recent profit momentum despite stronger gold prices; this pressure on margins is weighing on near‑term earnings outlooks. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?
• Negative Sentiment: Analyst caution — at least one broker has issued a pessimistic forecast for Barrick’s stock, adding downward pressure on sentiment and potentially limiting near‑term upside until clarity on costs, the Nevada dispute and the North American IPO plan arrives. Canaccord Genuity Issues Pessimistic Forecast

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Raymond James Financial upped their price target on shares of Barrick Mining from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Barrick Mining in a report on Monday, December 29th. UBS Group set a $55.00 price target on Barrick Mining in a research note on Friday, February 6th. DZ Bank raised Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Finally, Royal Bank Of Canada lifted their target price on Barrick Mining from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.