Barrick Mining (NYSE:B) Stock Price Up 2.5% – Here’s What Happened

Posted by Stanley Muller on Nov 2nd, 2026

Shares of Barrick Mining Corporation (NYSE:B – Get Free Report) (TSE:ABX) were up 2.5% during trading on Monday. The company traded as high as $38.41 and last traded at $37.9420. 6,292,699 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 11,984,466 shares. The stock had previously closed at $37.01.

Analyst Ratings Changes

A number of research analysts have recently commented on B shares. Sanford C. Bernstein decreased their price objective on shares of Barrick Mining from $61.00 to $56.50 and set an “outperform” rating for the company in a research report on Wednesday, September 9th. Bank of America dropped their target price on shares of Barrick Mining from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. JPMorgan Chase & Co. raised their target price on shares of Barrick Mining from $52.00 to $55.00 and gave the company an “overweight” rating in a research note on Wednesday, October 21st. Royal Bank Of Canada lifted their price target on Barrick Mining from $49.00 to $53.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. Finally, Freedom Broker downgraded Barrick Mining from a “buy” rating to a “hold” rating and lowered their price target for the stock from $54.00 to $46.00 in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Barrick Mining presently has a consensus rating of “Moderate Buy” and an average price target of $52.59.

View Our Latest Stock Analysis on Barrick Mining

Barrick Mining Stock Up 2.5%

The firm has a fifty day simple moving average of $42.18 and a 200-day simple moving average of $42.24. The firm has a market cap of $61.79 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 1.15 and a beta of 0.52. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 3.01.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last released its quarterly earnings data on Monday, August 10th. The gold and copper producer reported $0.82 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 firm had revenue of $5.29 billion during the quarter, compared to analysts’ expectations of $5.10 billion. During the same period in the previous year, the business posted $0.47 earnings per share. The company’s revenue for the quarter was up 43.8% compared to the same quarter last year. As a group, sell-side analysts expect that Barrick Mining Corporation will post 3.49 EPS for the current year.

Barrick Mining Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a dividend of $0.1750 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, August 31st. Barrick Mining’s dividend payout ratio (DPR) is currently 18.04%.

Institutional Trading of Barrick Mining

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Caldwell Trust Co lifted its position in Barrick Mining by 18.7% during the third quarter. Caldwell Trust Co now owns 37,346 shares of the gold and copper producer’s stock worth $1,519,000 after acquiring an additional 5,873 shares during the last quarter. Provenance Wealth Advisors LLC boosted its holdings in shares of Barrick Mining by 243.4% during the third quarter. Provenance Wealth Advisors LLC now owns 3,176 shares of the gold and copper producer’s stock worth $129,000 after acquiring an additional 2,251 shares during the period. Next Level Wealth Planning LLC bought a new stake in shares of Barrick Mining during the third quarter worth approximately $57,000. Greenfield Seitz Capital Management LLC boosted its holdings in shares of Barrick Mining by 2.9% during the third quarter. Greenfield Seitz Capital Management LLC now owns 286,911 shares of the gold and copper producer’s stock worth $11,669,000 after acquiring an additional 8,027 shares during the period. Finally, McAlvany Wealth Management LLC grew its position in shares of Barrick Mining by 10.3% in the third quarter. McAlvany Wealth Management LLC now owns 66,729 shares of the gold and copper producer’s stock valued at $2,714,000 after purchasing an additional 6,228 shares during the last quarter. Institutional investors 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 exploration, development and production of gold and copper. Its activities include operating mines, advancing development projects and managing mineral reserves across multiple jurisdictions.

The company’s gold operations include Nevada Gold Mines in the United States, a joint venture in which Barrick is the operator, as well as mines and projects in Canada, the Dominican Republic, Mali, Côte d’Ivoire, Tanzania and the Democratic Republic of the Congo.