Barrick Mining (NYSE:B) Announces Quarterly Earnings Results

Posted by Brian Himes on May 11th, 2026

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) issued its quarterly earnings data on Monday. The gold and copper producer reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.19, Briefing.com reports. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The business’s quarterly revenue was up 66.7% compared to the same quarter last year.

Barrick Mining Stock Down 0.0%

Shares of B opened at $43.12 on Monday. The business’s fifty day moving average price is $42.36 and its two-hundred day moving average price is $42.56. The firm has a market capitalization of $72.24 billion, a price-to-earnings ratio of 14.72, a PEG ratio of 1.29 and a beta of 0.41. Barrick Mining has a 52 week low of $17.41 and a 52 week high of $54.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92.

Hedge Funds Weigh In On Barrick Mining

Several large investors have recently made changes to their positions in the company. FIL Ltd raised its stake 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 worth $1,311,169,000 after buying an additional 13,853,587 shares during the last quarter. Mackenzie Financial Corp boosted its stake in Barrick Mining by 61.9% in the fourth quarter. Mackenzie Financial Corp now owns 20,591,745 shares of the gold and copper producer’s stock valued at $909,104,000 after acquiring an additional 7,870,411 shares during the last quarter. Morgan Stanley grew its holdings in Barrick Mining by 16.4% during the 4th quarter. Morgan Stanley now owns 15,356,247 shares of the gold and copper producer’s stock worth $668,765,000 after acquiring an additional 2,169,000 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Barrick Mining by 73.0% during the 4th quarter. The Manufacturers Life Insurance Company now owns 14,817,450 shares of the gold and copper producer’s stock worth $646,564,000 after acquiring an additional 6,250,664 shares during the period. Finally, Invesco Ltd. raised its position in shares of Barrick Mining by 1.6% during the 3rd quarter. Invesco Ltd. now owns 10,479,593 shares of the gold and copper producer’s stock valued at $343,416,000 after acquiring an additional 160,984 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on B. Weiss Ratings reiterated a “buy (b)” rating on shares of Barrick Mining in a research report on Friday, March 27th. Canaccord Genuity Group dropped their price objective on shares of Barrick Mining to $77.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. JPMorgan Chase & Co. began coverage on Barrick Mining in a report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 target price on the stock. Zacks Research lowered Barrick Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Finally, Scotiabank raised their price target on Barrick Mining from $43.00 to $63.00 and gave the company an “outperform” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Barrick Mining presently has an average rating of “Moderate Buy” and an average price target of $54.17.

Get Our Latest Analysis on Barrick Mining

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.