Nykredit A S Takes Position in Barrick Mining Corporation $B

Posted by Stanley Muller on Sep 7th, 2026

Nykredit A S bought a new position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) in the second quarter, HoldingsChannel.com reports. The fund bought 106,574 shares of the gold and copper producer’s stock, valued at approximately $3,917,000.

Several other hedge funds and other institutional investors have also modified their holdings of B. Van ECK Associates Corp boosted its stake in Barrick Mining by 22.8% in the 4th quarter. Van ECK Associates Corp now owns 55,423,240 shares of the gold and copper producer’s stock valued at $2,413,699,000 after buying an additional 10,287,544 shares in the last quarter. Royal Bank of Canada raised its stake in Barrick Mining by 10.9% during the first quarter. Royal Bank of Canada now owns 39,598,520 shares of the gold and copper producer’s stock worth $1,615,225,000 after acquiring an additional 3,881,841 shares in the last quarter. FIL Ltd lifted its holdings in shares of Barrick Mining by 85.3% during the fourth quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock valued at $1,311,169,000 after acquiring an additional 13,853,587 shares during the period. Mackenzie Financial Corp boosted its stake in shares of Barrick Mining by 61.9% in the 4th quarter. Mackenzie Financial Corp now owns 20,591,745 shares of the gold and copper producer’s stock valued at $909,104,000 after purchasing an additional 7,870,411 shares in the last quarter. Finally, TD Asset Management Inc boosted its stake in shares of Barrick Mining by 5.6% in the 4th quarter. TD Asset Management Inc now owns 20,395,667 shares of the gold and copper producer’s stock valued at $889,627,000 after purchasing an additional 1,086,332 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Barrick Mining Stock Performance

Shares of NYSE:B opened at $44.75 on Monday. Barrick Mining Corporation has a twelve month low of $27.43 and a twelve month high of $54.69. The firm has a market cap of $73.65 billion, a PE ratio of 11.53, a price-to-earnings-growth ratio of 1.28 and a beta of 0.51. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 3.01. The business has a fifty day moving average of $40.13 and a 200-day moving average of $41.49.

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

Barrick Mining Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.175 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.6%. Barrick Mining’s payout ratio is currently 18.04%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on B shares. Bank of America dropped their target price on shares of Barrick Mining from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. UBS Group reduced their price target on shares of Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Citigroup upped their price objective on shares of Barrick Mining from $41.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday. Barclays raised their price objective on shares of Barrick Mining from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Barrick Mining from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.36.

Read Our Latest Research Report on B

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.