Hillsdale Investment Management Inc. Boosts Holdings in Barrick Mining Corporation $B

Posted by Geri Gentry on Jul 14th, 2026

Hillsdale Investment Management Inc. grew its stake in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 13.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,327,142 shares of the gold and copper producer’s stock after purchasing an additional 161,641 shares during the quarter. Barrick Mining makes up 1.5% of Hillsdale Investment Management Inc.’s holdings, making the stock its 11th biggest position. Hillsdale Investment Management Inc.’s holdings in Barrick Mining were worth $54,223,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of B. FIL Ltd raised its position in shares of Barrick Mining by 85.3% during the 4th quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock worth $1,311,169,000 after purchasing an additional 13,853,587 shares during the last quarter. Van ECK Associates Corp boosted its holdings 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 worth $2,413,699,000 after buying an additional 10,287,544 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in Barrick Mining during the 2nd quarter worth approximately $211,263,000. Canada Pension Plan Investment Board purchased a new stake in Barrick Mining during the 2nd quarter worth approximately $172,230,000. Finally, Mackenzie Financial Corp raised its holdings in shares of Barrick Mining by 61.9% during 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. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Trading Down 2.1%

Shares of Barrick Mining stock opened at $35.92 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.44. The stock’s 50 day simple moving average is $40.09 and its 200-day simple moving average is $43.28. The stock has a market cap of $59.76 billion, a P/E ratio of 9.92, a P/E/G ratio of 0.79 and a beta of 0.48. Barrick Mining Corporation has a 1-year low of $20.52 and a 1-year high of $54.69.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last posted its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, beating the consensus estimate of $0.80 by $0.18. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.75 billion. The business’s quarterly revenue was up 66.7% on a year-over-year basis. Analysts predict that Barrick Mining Corporation will post 3.63 EPS for the current fiscal year.

Barrick Mining Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, May 29th. Barrick Mining’s dividend payout ratio is presently 19.34%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on B. Bank of America decreased their target price on Barrick Mining from $58.00 to $56.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. ATB Cormark Capital Markets downgraded Barrick Mining from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Canadian Imperial Bank of Commerce decreased their price objective on Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a report on Tuesday, April 21st. Weiss Ratings cut shares of Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Finally, Barclays assumed coverage on shares of Barrick Mining in a report on Thursday, May 21st. They set an “equal weight” rating and a $41.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $54.46.

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Barrick Mining Profile

(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.