Public Employees Retirement System of Ohio Raises Stock Position in Barrick Mining Corporation $B

Posted by Francis Steltz on Jul 26th, 2026

Public Employees Retirement System of Ohio grew its stake in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 34.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 463,889 shares of the gold and copper producer’s stock after acquiring an additional 120,034 shares during the period. Public Employees Retirement System of Ohio’s holdings in Barrick Mining were worth $18,893,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of B. Financial Consulate Inc. increased its holdings in Barrick Mining by 1,042.0% during the 4th quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock worth $25,000 after purchasing an additional 521 shares during the period. Westside Investment Management Inc. purchased a new stake in shares of Barrick Mining in the 4th quarter worth $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Barrick Mining in the 4th quarter worth $26,000. Ascentis Independent Advisors bought a new position in shares of Barrick Mining during the 1st quarter worth $28,000. Finally, JPL Wealth Management LLC bought a new position in shares of Barrick Mining during the 3rd quarter worth $28,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Trading Down 0.1%

Shares of NYSE B opened at $37.12 on Friday. 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 has a market capitalization of $61.74 billion, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 0.79 and a beta of 0.48. Barrick Mining Corporation has a 1-year low of $20.94 and a 1-year high of $54.69. The business has a fifty day moving average price of $38.86 and a 200 day moving average price of $42.76.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last issued its quarterly earnings data on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The company had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.75 billion. The company’s revenue was up 66.7% on a year-over-year basis. Equities research analysts expect that Barrick Mining Corporation will post 3.56 EPS for the current fiscal year.

Barrick Mining Cuts Dividend

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

Analysts Set New Price Targets

Several analysts recently weighed in on B shares. Scotiabank decreased their price objective on Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Royal Bank Of Canada cut their target price on shares of Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Barclays reduced their price target on shares of Barrick Mining from $41.00 to $39.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Citigroup reaffirmed a “positive” rating on shares of Barrick Mining in a research report on Wednesday, July 15th. Finally, Canadian Imperial Bank of Commerce dropped their price objective on shares of Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.46.

View Our Latest Stock Analysis on B

Barrick Mining News Summary

Here are the key news stories impacting Barrick Mining this week:

Positive Sentiment: Gold’s strength and expectations for continued central bank buying are keeping Barrick in the spotlight as investors look for miners that can benefit from higher bullion prices. Experts recommend buying gold and silver! Barrick Mining, Newmont, First Majestic Silver, and Desert Gold in focus
Positive Sentiment: Analysts and commentators continue to highlight Barrick as a potential beneficiary of a gold breakout, with some suggesting the stock could reflect bullion’s strength if prices stay elevated. Can Barrick Mining (NYSE:B) Reflect Gold’s Strength as Bullion Keeps Firm This Week?
Positive Sentiment: Barrick announced an exploration program with Midland on the Lewis gold project, adding to the company’s growth pipeline and reinforcing its exploration footprint. Midland, in Partnership with Barrick, Commences an Exploration Program for Gold on the Lewis Project
Positive Sentiment: Barrick also bought a 10% stake in Kingfisher Metals, a move that signals continued interest in securing optionality on prospective mining assets. Barrick Mining Buys 10% Stake in Kingfisher Metals for C$20.9 Million
Neutral Sentiment: Broader market commentary says investors are rotating into gold and silver miners, but this is more of a sector call than a Barrick-specific catalyst. Gold price above USD 4,000 and central bank rally: Barrick Mining, Lahontan Gold, Newmont—time to buy now?
Neutral Sentiment: Barrick said it supports local content rules, a policy stance that may help relationships with host governments but is not an immediate earnings driver. Barrick supports local content rules
Negative Sentiment: A valuation article argues Barrick may be about 15% overvalued on cash flow concerns, suggesting some investors may worry the stock has outpaced fundamentals. Barrick (B) Stock May Be 15% Overvalued On Cash Flow Concerns
Negative Sentiment: JPMorgan reportedly lowered its price target on Barrick to $50, which can signal more cautious expectations from analysts. JPMorgan Chase & Co. Lowers Barrick Mining (NYSE:B) Price Target to $50.00

Barrick Mining Company 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.