NINE MASTS CAPITAL Ltd Purchases Shares of 11,308 Barrick Mining Corporation $B

Posted by Brian Himes on Aug 31st, 2026

NINE MASTS CAPITAL Ltd acquired a new position in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,308 shares of the gold and copper producer’s stock, valued at approximately $415,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Barrick Mining during the 4th quarter worth about $26,000. Ascentis Independent Advisors bought a new stake in Barrick Mining during the first quarter worth about $28,000. Motiv8 Investments LLC bought a new stake in Barrick Mining during the fourth quarter worth about $31,000. Key Financial Inc increased its holdings in shares of Barrick Mining by 137.5% during the first quarter. Key Financial Inc now owns 753 shares of the gold and copper producer’s stock worth $31,000 after buying an additional 436 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. acquired a new stake in shares of Barrick Mining during the fourth quarter worth approximately $35,000. 90.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on B shares. UBS Group cut 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. TD decreased their price target on Barrick Mining from $61.00 to $59.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Scotiabank dropped their price target on Barrick Mining from $57.00 to $55.00 and set an “outperform” rating for the company in a report on Wednesday, August 12th. Canadian Imperial Bank of Commerce set a $57.00 price objective on Barrick Mining in a research report on Wednesday, August 12th. Finally, Citigroup reissued a “positive” rating on shares of Barrick Mining in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $52.57.

View Our Latest Research Report on Barrick Mining

Barrick Mining Trading Up 0.2%

B opened at $45.75 on Monday. The company has a current ratio of 3.01, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $75.30 billion, a PE ratio of 11.79, a PEG ratio of 0.87 and a beta of 0.47. Barrick Mining Corporation has a 1-year low of $26.16 and a 1-year high of $54.69. The firm has a 50-day moving average price of $39.46 and a two-hundred day moving average price of $41.58.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last announced its earnings results on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%. The company had revenue of $4.19 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same period in the prior year, the business earned $0.47 earnings per share. Barrick Mining’s quarterly revenue was up 43.8% on a year-over-year basis. As a group, equities analysts anticipate that Barrick Mining Corporation will post 3.56 earnings per share for the current fiscal year.

Barrick Mining Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, August 31st. Barrick Mining’s payout ratio is 18.04%.

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.