Barrick Mining (NYSE:B) Posts Earnings Results, Beats Expectations By $0.01 EPS

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) issued its quarterly earnings data on Monday. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01, Briefing.com reports. Barrick Mining had a return on equity of 16.17% and a net margin of 31.60%.The business had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $5.10 billion. During the same quarter in the prior year, the firm posted $0.47 EPS. The firm’s quarterly revenue was up 43.8% on a year-over-year basis.

Barrick Mining Stock Performance

NYSE B traded up $0.96 during trading hours on Wednesday, hitting $41.09. 4,209,961 shares of the company’s stock traded hands, compared to its average volume of 13,204,383. The business’s fifty day moving average price is $38.28 and its two-hundred day moving average price is $41.91. The firm has a market capitalization of $67.62 billion, a P/E ratio of 10.58, a P/E/G ratio of 0.87 and a beta of 0.47. Barrick Mining has a 52 week low of $23.43 and a 52 week high of $54.69. The company has a current ratio of 3.06, a quick ratio of 2.44 and a debt-to-equity ratio of 0.13.

Barrick Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, August 31st. Barrick Mining’s payout ratio is 19.34%.

Hedge Funds Weigh In On Barrick Mining

Institutional investors have recently bought and sold shares of the stock. Transamerica Financial Advisors LLC increased its stake in Barrick Mining by 46.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 2,281 shares of the gold and copper producer’s stock worth $99,000 after acquiring an additional 722 shares during the last quarter. Pin Oak Investment Advisors Inc. raised its holdings in Barrick Mining by 42.0% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 1,362 shares of the gold and copper producer’s stock valued at $62,000 after buying an additional 403 shares during the period. Golden State Wealth Management LLC lifted its position in Barrick Mining by 226.2% in the fourth quarter. Golden State Wealth Management LLC now owns 1,442 shares of the gold and copper producer’s stock worth $63,000 after buying an additional 1,000 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. boosted its stake in Barrick Mining by 120.0% during the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 2,200 shares of the gold and copper producer’s stock worth $97,000 after buying an additional 1,200 shares during the period. Finally, Quarry LP purchased a new stake in shares of Barrick Mining in the third quarter valued at $77,000. 90.82% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

B has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce lowered their price objective on Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research note on Tuesday, April 21st. UBS Group cut their price objective on shares of Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Wall Street Zen lowered shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 25th. Barclays cut their price target on shares of Barrick Mining from $41.00 to $39.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Finally, Scotiabank lowered their price objective on Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Barrick Mining currently has an average rating of “Moderate Buy” and a consensus target price of $52.79.

Check Out Our Latest Report on B

Key Stories Impacting Barrick Mining

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

  • Positive Sentiment: Barrick and Newmont resolved outstanding disputes involving Nevada Gold Mines and agreed to combine additional development assets, including Barrick’s Fourmile project and Newmont’s Fiberline and Mike projects. The agreement also clears the way for Barrick’s planned IPO of combined North American gold assets, which could unlock value and provide funding flexibility. Barrick, Newmont sign new agreement to finalise NGM joint venture
  • Positive Sentiment: Second-quarter gold production reportedly exceeded guidance, while Barrick returned approximately $1.5 billion to shareholders. Management maintained its 2026 guidance, suggesting it still expects the operating plan to hold despite cost pressures. Barrick Mining Corp Q2 earnings call highlights
  • Positive Sentiment: TD retained a “buy” rating while lowering its price target from $61 to $59, leaving substantial implied upside based on the quoted price. Barrick also declared a quarterly dividend of $0.175 per share, with an approximately 1.7% annualized yield. Barrick analyst rating
  • Neutral Sentiment: Barrick appointed Sebastiaan Bock as CEO, Rest of World, to oversee gold and copper operations outside North America. The move supports the company’s restructuring ahead of the proposed IPO, but investors will look for evidence that the new structure improves execution. Barrick appoints Sebastiaan Bock CEO, Rest of World
  • Negative Sentiment: Revenue of $4.19 billion came in well below the roughly $5.1 billion analyst estimate, and reports highlighted rising gold costs. Although adjusted EPS of $0.82 was slightly above some consensus estimates, the revenue miss and cost concerns overshadowed the earnings beat. Canada’s Barrick misses profit estimates as gold costs rise
  • Negative Sentiment: Investors remain concerned that the Newmont transaction and North American asset IPO will involve execution, integration and valuation risks, potentially delaying the benefits of the restructuring.

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.

See Also

Earnings History for Barrick Mining (NYSE:B)

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