Intech Investment Management LLC lowered its stake in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 30.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 329,794 shares of the gold and copper producer’s stock after selling 143,662 shares during the quarter. Intech Investment Management LLC’s holdings in Barrick Mining were worth $10,834,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arlington Trust Co LLC purchased a new stake in Barrick Mining during the third quarter valued at about $26,000. Investors Research Corp purchased a new position in shares of Barrick Mining in the 3rd quarter worth about $36,000. Cloud Capital Management LLC bought a new position in shares of Barrick Mining during the 3rd quarter valued at about $40,000. Grove Bank & Trust purchased a new position in shares of Barrick Mining during the 3rd quarter valued at about $41,000. Finally, Webster Bank N. A. bought a new stake in Barrick Mining in the 3rd quarter worth approximately $49,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.
Barrick Mining Trading Up 1.1%
NYSE:B opened at $50.36 on Friday. The firm has a market capitalization of $84.37 billion, a P/E ratio of 17.19, a P/E/G ratio of 0.40 and a beta of 0.40. 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 company has a fifty day moving average of $47.62 and a 200 day moving average of $38.27. Barrick Mining Corporation has a 52 week low of $17.00 and a 52 week high of $54.69.
Barrick Mining Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, February 27th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio is currently 23.89%.
Analysts Set New Price Targets
A number of brokerages have commented on B. DZ Bank upgraded shares of Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Scotiabank upped their price objective on shares of Barrick Mining from $43.00 to $63.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Citigroup increased their target price on shares of Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Wall Street Zen upgraded shares of Barrick Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Cormark upgraded shares of Barrick Mining from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, November 11th. Two 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. According to MarketBeat.com, Barrick Mining presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.25.
View Our Latest Research Report on Barrick Mining
Key Barrick Mining News
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Unusually large call-option flow — traders bought ~279,555 Barrick call contracts (a ~606% jump vs. average), signaling short-term bullish positioning and increased demand for upside exposure. (Unlinked: options activity report)
- Positive Sentiment: Barrick promoted legal and global affairs to the executive committee, naming James J. McGuire as Chief Legal & Policy Officer and Woo Lee as Chief Global Affairs Officer — a move that strengthens governance, regulatory navigation and country-level relations across Barrick’s global operations. Barrick Announces Leadership Appointments
- Positive Sentiment: Macro support for gold — rising geopolitical tensions and tariff uncertainty are cited as drivers lifting gold prices, which benefits gold producers like Barrick by improving revenue and cash‑flow outlooks. Should you invest in gold?
- Neutral Sentiment: Peer and sector dynamics — positive headlines for peers (e.g., Kinross’s liquidity and record free cash flow) highlight strong sector cash generation but also competitive dynamics; this validates the sector rally while leaving company-specific differentiation important. Will Kinross Gold’s Liquidity Strength Fuel Growth and Returns Ahead?
- Neutral Sentiment: Investor flows into safe havens and ex‑U.S assets — a broader rotation away from U.S. equities toward defensive sectors and international ETFs has supported gold and mining equities, providing a supportive demand backdrop but also greater macro sensitivity. As Investors Flee U.S. Equities, This Global ETF Is Outperforming
- Neutral Sentiment: Analyst/style coverage points to value characteristics — recent write-ups highlight Barrick as a value/quality play, which can attract income and value-focused investors but may not trigger immediate re-rating absent further operational or pricing catalysts. Here’s Why Barrick Mining (B) is a Strong Value Stock
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.
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