SG Americas Securities LLC Raises Stock Position in Barrick Mining Corporation $B

Posted by Geri Gentry on Jun 24th, 2026

SG Americas Securities LLC lifted its holdings in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 91.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,065,042 shares of the gold and copper producer’s stock after buying an additional 507,386 shares during the period. SG Americas Securities LLC’s holdings in Barrick Mining were worth $43,443,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. CW Advisors LLC purchased a new stake in Barrick Mining during the second quarter valued at approximately $283,000. EverSource Wealth Advisors LLC bought a new position in shares of Barrick Mining during the 2nd quarter valued at approximately $53,000. First Trust Advisors LP purchased a new stake in Barrick Mining during the 2nd quarter valued at $857,000. Baird Financial Group Inc. bought a new stake in Barrick Mining in the second quarter worth $2,569,000. Finally, Cresset Asset Management LLC bought a new stake in Barrick Mining in the second quarter worth $543,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Barrick Mining Stock Down 5.0%

Shares of NYSE B opened at $38.13 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.44 and a current ratio of 3.06. The firm has a market capitalization of $63.43 billion, a price-to-earnings ratio of 10.53, a PEG ratio of 1.14 and a beta of 0.44. The stock has a 50 day moving average price of $41.33 and a 200 day moving average price of $43.87. Barrick Mining Corporation has a 52-week low of $20.35 and a 52-week high of $54.69.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last announced its quarterly earnings data 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. The company had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The company’s revenue for the quarter was up 66.7% on a year-over-year basis. Sell-side analysts expect that Barrick Mining Corporation will post 3.78 earnings per share for the current year.

Barrick Mining Cuts Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on B. UBS Group increased their target price on shares of Barrick Mining from $50.00 to $54.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. ATB Cormark Capital Markets cut shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Barclays assumed coverage on shares of Barrick Mining in a report on Thursday, May 21st. They set an “equal weight” rating and a $41.00 price target on the stock. Weiss Ratings lowered shares of Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce decreased their price objective on shares of Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $53.46.

Read Our Latest Analysis on B

Barrick Mining Profile

(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.