Barrick Mining (NYSE:B) Price Target Raised to $53.00

Posted by Francis Steltz on Sep 19th, 2026

Barrick Mining (NYSE:B – Free Report) (TSE:ABX) had its target price raised by Royal Bank Of Canada from $49.00 to $53.00 in a research report released on Wednesday,Benzinga reports. The firm currently has an outperform rating on the gold and copper producer’s stock.

A number of other research analysts also recently weighed in on the company. Sanford C. Bernstein cut their price objective on Barrick Mining from $61.00 to $56.50 and set an “outperform” rating on the stock in a research note on Wednesday, September 9th. Barclays upped their target price on Barrick Mining from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Citigroup increased their price target on Barrick Mining from $41.00 to $45.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. Canadian Imperial Bank of Commerce set a $57.00 price target on shares of Barrick Mining in a research report on Wednesday, August 12th. Finally, TD lowered their target price on shares of Barrick Mining from $61.00 to $59.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. One equities 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $52.90.

Read Our Latest Research Report on Barrick Mining

Barrick Mining Trading Down 0.8%

Barrick Mining stock opened at $43.34 on Wednesday. Barrick Mining has a one year low of $30.15 and a one year high of $54.69. The company’s fifty day moving average price is $41.42 and its two-hundred day moving average price is $41.15. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.01 and a quick ratio of 2.36. The company has a market capitalization of $71.33 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 1.28 and a beta of 0.51.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last announced its quarterly earnings results on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Barrick Mining had a return on equity of 16.02% and a net margin of 31.60%.The business’s quarterly revenue was up 43.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 earnings per share. On average, analysts forecast that Barrick Mining will post 3.48 earnings per share for the current fiscal year.

Barrick Mining Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a dividend of $0.175 per share. The ex-dividend date was 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 18.04%.

Institutional Investors Weigh In On Barrick Mining

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC raised its stake in Barrick Mining by 7.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 38,490 shares of the gold and copper producer’s stock valued at $1,414,000 after purchasing an additional 2,510 shares during the last quarter. Engineers Gate Manager LP boosted its holdings in Barrick Mining by 17.5% in the 2nd quarter. Engineers Gate Manager LP now owns 490,619 shares of the gold and copper producer’s stock valued at $18,020,000 after purchasing an additional 73,226 shares during the period. Pinnacle Wealth Management Advisory Group LLC grew its position in Barrick Mining by 13.9% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 13,229 shares of the gold and copper producer’s stock worth $486,000 after purchasing an additional 1,617 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in Barrick Mining by 9.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 147,024 shares of the gold and copper producer’s stock worth $5,400,000 after purchasing an additional 12,902 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Barrick Mining by 231.3% during the second quarter. NewEdge Advisors LLC now owns 138,414 shares of the gold and copper producer’s stock valued at $5,084,000 after buying an additional 96,636 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

About Barrick Mining

(Get Free Report)

Barrick Mining Corporation, formerly known as Barrick Gold Corporation, is a global mining company focused primarily on the production of gold and copper. Its activities include the exploration, development, construction and operation of mines, as well as processing ore into refined metal products.

The company operates and holds interests in mining assets across several regions, including North America, South America, Africa, the Middle East and Papua New Guinea. Its portfolio includes gold operations such as Nevada Gold Mines in the United States, Pueblo Viejo in the Dominican Republic, Veladero in Argentina, Kibali in the Democratic Republic of the Congo, and North Mara and Bulyanhulu in Tanzania.