JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Barrick Mining (NYSE:B) Stock

Posted by George Bondi on Aug 14th, 2026

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) had its target price hoisted by analysts at JPMorgan Chase & Co. from $50.00 to $52.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the gold and copper producer’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 25.75% from the company’s previous close.

A number of other equities research analysts have also recently commented on B. Barclays lifted their price target on shares of Barrick Mining from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Thursday. Wall Street Zen downgraded Barrick Mining from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. TD lowered their target price on Barrick Mining from $61.00 to $59.00 and set a “buy” rating on the stock in a research note on Tuesday. Canadian Imperial Bank of Commerce set a $57.00 target price on Barrick Mining in a research note on Wednesday. Finally, Royal Bank Of Canada dropped their price target on Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $52.57.

Read Our Latest Research Report on B

Barrick Mining Stock Performance

NYSE B traded up $0.44 during trading hours on Friday, reaching $41.35. 4,186,619 shares of the company were exchanged, compared to its average volume of 13,195,314. Barrick Mining has a 1 year low of $23.43 and a 1 year high of $54.69. The business’s 50 day simple moving average is $38.23 and its 200-day simple moving average is $41.78. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $68.06 billion, a P/E ratio of 10.66, a P/E/G ratio of 0.80 and a beta of 0.47.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last announced its quarterly earnings data on Monday, August 10th. The gold and copper producer reported $0.82 EPS for the quarter, topping the consensus estimate of $0.81 by $0.01. The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $5.10 billion. Barrick Mining had a net margin of 31.60% and a return on equity of 16.17%. The company’s revenue for the quarter was up 43.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 earnings per share. On average, equities research analysts expect that Barrick Mining will post 3.51 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bogart Wealth LLC raised its holdings in Barrick Mining by 3.5% during the 4th quarter. Bogart Wealth LLC now owns 6,442 shares of the gold and copper producer’s stock valued at $281,000 after acquiring an additional 218 shares during the period. Parvin Asset Management LLC boosted its holdings in shares of Barrick Mining by 0.7% in the fourth quarter. Parvin Asset Management LLC now owns 33,385 shares of the gold and copper producer’s stock worth $1,454,000 after acquiring an additional 225 shares during the period. Silver Oak Securities Incorporated grew its position 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 valued at $359,000 after purchasing an additional 246 shares in the last quarter. Mmbg Investment Advisors CO. grew its position 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 valued at $1,892,000 after purchasing an additional 254 shares in the last quarter. Finally, S.A. Mason LLC raised its stake in shares of Barrick Mining by 1.3% during the 4th 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 during the period. 90.82% of the stock is owned by institutional investors.

About Barrick Mining

(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.