Brokerages Set Barrick Mining Corporation (NYSE:B) Price Target at $53.46

Posted by Francis Steltz on Jun 8th, 2026

Shares of Barrick Mining Corporation (NYSE:B – Get Free Report) (TSE:ABX) have been given an average rating of “Moderate Buy” by the twenty-two brokerages that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $53.4615.

A number of equities research analysts have issued reports on B shares. Weiss Ratings downgraded shares of Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. UBS Group boosted their target price on shares of Barrick Mining from $50.00 to $54.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Citigroup upped their price target on shares of Barrick Mining from $38.00 to $48.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Barclays assumed coverage on shares of Barrick Mining in a research note on Thursday, May 21st. They issued an “equal weight” rating and a $41.00 price objective on the stock. Finally, Canaccord Genuity Group lowered their price objective on shares of Barrick Mining to $77.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th.

View Our Latest Analysis on B

Institutional Trading of Barrick Mining

Several large investors have recently bought and sold shares of B. Westside Investment Management Inc. acquired a new position in Barrick Mining during the fourth quarter worth about $25,000. Financial Consulate Inc. boosted its stake in shares of Barrick Mining by 1,042.0% in the 4th quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after purchasing an additional 521 shares in the last quarter. Intesa Sanpaolo Wealth Management bought a new stake in shares of Barrick Mining during the 4th quarter valued at approximately $26,000. Ascentis Independent Advisors bought a new stake in shares of Barrick Mining during the 1st quarter valued at approximately $28,000. Finally, Laurel Wealth Advisors LLC acquired a new position in Barrick Mining during the 4th quarter worth approximately $30,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Barrick Mining Price Performance

Barrick Mining stock opened at $39.42 on Wednesday. The firm has a market cap of $66.06 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 1.12 and a beta of 0.43. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.44. The stock’s fifty day moving average price is $41.56 and its two-hundred day moving average price is $43.83. Barrick Mining has a one year low of $19.57 and a one year high of $54.69.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last released its earnings results on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.18. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The company had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.75 billion. Barrick Mining’s revenue for the quarter was up 66.7% on a year-over-year basis. As a group, research analysts expect that Barrick Mining will post 3.78 EPS for the current fiscal year.

Barrick Mining Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.8%. Barrick Mining’s payout ratio is 19.34%.

Barrick Mining Company Profile

(Get Free Report)

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.