Sumitomo Mitsui Trust Group Inc. Acquires 18,367 Shares of Barrick Mining Corporation $B

Posted by Francis Steltz on Jul 15th, 2026

Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 15.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,464 shares of the gold and copper producer’s stock after buying an additional 18,367 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Barrick Mining were worth $5,526,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Bogart Wealth LLC raised its holdings in shares of Barrick Mining by 3.5% in the 4th quarter. Bogart Wealth LLC now owns 6,442 shares of the gold and copper producer’s stock worth $281,000 after acquiring an additional 218 shares during the last quarter. Parvin Asset Management LLC increased its holdings in Barrick Mining by 0.7% during the 4th quarter. Parvin Asset Management LLC now owns 33,385 shares of the gold and copper producer’s stock worth $1,454,000 after purchasing an additional 225 shares in the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Barrick Mining by 2.9% in the first quarter. Silver Oak Securities Incorporated now owns 8,810 shares of the gold and copper producer’s stock worth $359,000 after purchasing an additional 246 shares during the last quarter. Mmbg Investment Advisors CO. raised its stake in shares of Barrick Mining by 0.6% in the fourth quarter. Mmbg Investment Advisors CO. now owns 43,454 shares of the gold and copper producer’s stock worth $1,892,000 after purchasing an additional 254 shares during the last quarter. Finally, S.A. Mason LLC lifted its holdings in shares of Barrick Mining by 1.3% in the fourth quarter. S.A. Mason LLC now owns 23,114 shares of the gold and copper producer’s stock valued at $1,007,000 after purchasing an additional 300 shares in the last quarter. 90.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on B shares. Bank of America cut their target price on Barrick Mining from $58.00 to $56.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Canadian Imperial Bank of Commerce dropped their price objective on Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a research note on Tuesday, April 21st. Weiss Ratings cut Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. ATB Cormark Capital Markets downgraded shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, UBS Group reduced their target price on shares of Barrick Mining from $54.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $54.00.

Read Our Latest Report on B

Barrick Mining Stock Performance

Shares of B opened at $36.48 on Wednesday. The company has a current ratio of 3.06, a quick ratio of 2.44 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $60.69 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 0.78 and a beta of 0.48. The stock has a 50 day moving average of $40.05 and a 200 day moving average of $43.21. Barrick Mining Corporation has a 12 month low of $20.52 and a 12 month high of $54.69.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last issued its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.18. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The business 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% compared to the same quarter last year. As a group, sell-side analysts forecast that Barrick Mining Corporation will post 3.63 earnings per share for the current year.

Barrick Mining Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Friday, May 29th. Barrick Mining’s payout ratio is presently 19.34%.

About Barrick Mining

(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.