Exchange Traded Concepts LLC increased its stake in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 24.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 689,661 shares of the gold and copper producer’s stock after purchasing an additional 136,861 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Barrick Mining were worth $30,035,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Barrick Mining by 19.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,260 shares of the gold and copper producer’s stock valued at $74,000 after buying an additional 373 shares during the period. Brown Brothers Harriman & Co. grew its holdings in shares of Barrick Mining by 4.7% in the third quarter. Brown Brothers Harriman & Co. now owns 8,770 shares of the gold and copper producer’s stock worth $287,000 after acquiring an additional 391 shares during the period. Legend Financial Advisors Inc. increased its position in Barrick Mining by 0.9% during the third quarter. Legend Financial Advisors Inc. now owns 45,139 shares of the gold and copper producer’s stock valued at $1,479,000 after acquiring an additional 399 shares during the last quarter. Banque Transatlantique SA increased its position in Barrick Mining by 4.2% during the third quarter. Banque Transatlantique SA now owns 9,950 shares of the gold and copper producer’s stock valued at $326,000 after acquiring an additional 400 shares during the last quarter. Finally, Ascent Group LLC lifted its holdings in Barrick Mining by 2.9% in the third quarter. Ascent Group LLC now owns 14,514 shares of the gold and copper producer’s stock valued at $476,000 after acquiring an additional 404 shares during the period. 90.82% of the stock is currently owned by hedge funds and other institutional investors.
Barrick Mining Stock Up 2.9%
B stock opened at $38.55 on Friday. The business’s 50-day moving average price is $46.15 and its 200-day moving average price is $40.77. The stock has a market cap of $64.59 billion, a P/E ratio of 13.16, a PEG ratio of 1.24 and a beta of 0.41. 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 Corporation has a twelve month low of $17.00 and a twelve month high of $54.69.
Barrick Mining Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, February 27th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is 57.34%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. started coverage on Barrick Mining in a research note on Thursday, January 29th. They set an “overweight” rating and a $68.00 price target for the company. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. BNP Paribas Exane raised shares of Barrick Mining to a “neutral” rating and set a $50.00 target price for the company in a report on Friday, December 5th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $71.00 price target on shares of Barrick Mining in a research report on Wednesday, February 4th. Finally, UBS Group dropped their price target on shares of Barrick Mining from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $54.83.
Key Barrick Mining News
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: UBS kept a Buy rating on Barrick while lowering its price target from $55 to $50, signaling continued analyst conviction and implying meaningful upside from current levels. Benzinga
- Neutral Sentiment: Macro/sector analysis pieces note that gold stocks have sharply retraced after prior rallies and debate when miners will recover — useful context for sentiment but not Barrick-specific action. Where Have All The Gold Stocks Gone?
- Neutral Sentiment: Broader mining coverage (e.g., SSRM outlook, MarketBeat stock idea lists) highlights sector dynamics—production ramps, cost trajectories, and macro flow into/out of miners—which can affect investor positioning in Barrick but are company-agnostic. SSRM Stock Outlook for 2026
- Negative Sentiment: Barrick has slowed/delayed work at the Reko Diq copper-gold project in Pakistan, citing rising regional security risks tied to Middle East tensions; this directly risks near‑term capex timing and longer-term production/cash‑flow from a multi‑billion dollar asset. Multiple outlets report the pause, including the FT and Bloomberg. FT: Barrick delays Reko Diq Bloomberg
- Negative Sentiment: Gold & mining stocks have been pressured by renewed geopolitical risk (Iran/Middle East conflict) and weaker gold price momentum, which tends to compress miner multiples and can offset company-level positive news. Why the Gold Rush Is Over
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.
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