Barrick Mining Corporation $B Stock Holdings Boosted by Pinnacle Associates Ltd.

Posted by George Bondi on Oct 24th, 2026

Pinnacle Associates Ltd. raised its position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 42.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,418 shares of the gold and copper producer’s stock after acquiring an additional 16,768 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Barrick Mining were worth $2,295,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Silver Oak Securities Incorporated boosted its stake in shares of Barrick Mining by 2.9% in the first quarter. Silver Oak Securities Incorporated now owns 8,810 shares of the gold and copper producer’s stock valued at $359,000 after purchasing an additional 246 shares during the period. Fruth Investment Management increased its stake in Barrick Mining by 1.8% during the 1st quarter. Fruth Investment Management now owns 20,150 shares of the gold and copper producer’s stock worth $821,000 after buying an additional 350 shares during the period. Eagle Bay Advisors LLC increased its stake in Barrick Mining by 7.5% during the 1st quarter. Eagle Bay Advisors LLC now owns 5,052 shares of the gold and copper producer’s stock worth $206,000 after buying an additional 352 shares during the period. CoreCap Advisors LLC increased its stake in Barrick Mining by 13.6% during the 3rd quarter. CoreCap Advisors LLC now owns 3,019 shares of the gold and copper producer’s stock worth $123,000 after buying an additional 361 shares during the period. Finally, Bradley Foster & Sargent Inc. CT lifted its holdings in Barrick Mining by 1.0% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 41,914 shares of the gold and copper producer’s stock worth $1,710,000 after buying an additional 417 shares in the last quarter. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

More Barrick Mining News

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

Positive Sentiment: JPMorgan raised its price target to $55 from $52 and maintained a constructive view of Barrick, implying substantial upside from recent trading levels. JPMorgan raises target for Barrick Mining stock
Positive Sentiment: RBC Dominion Securities assigned an “outperform” rating and a $53 target, reinforcing the case that Barrick’s valuation does not fully reflect its potential. RBC Dominion Securities rating
Positive Sentiment: Investors are also watching mine development, production expansion, dividends and share buybacks as possible catalysts for a future revaluation. Barrick Mining catalysts for value revaluation
Neutral Sentiment: Coverage is assessing whether Barrick’s mine-development pipeline will change its production mix. The impact depends on project execution, timing, capital spending and the profitability of future gold and copper output. Barrick Mining mine development and production mix
Negative Sentiment: Freedom Broker downgraded Barrick to “hold” and cut its price target to $46 from $54, citing reduced near-term EBITDA expectations, operational risks and valuation concerns. The action contributed to a broader selloff in major gold producers. Freedom Broker downgrades Barrick Mining
Negative Sentiment: A surge in diesel prices is raising concern about higher mining costs and squeezed margins across the industry, particularly because fuel is a significant variable expense for producers. Diesel price surge putting mining profits to test

Analysts Set New Price Targets

B has been the subject of several recent research reports. Citigroup raised their price target on shares of Barrick Mining from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Bank of America dropped their price target on shares of Barrick Mining from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Royal Bank Of Canada upped their price objective on Barrick Mining from $49.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. Scotiabank reduced their price objective on Barrick Mining from $57.00 to $55.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 12th. Finally, Canadian Imperial Bank of Commerce cut Barrick Mining from a “sector outperform” rating to a “neutral” rating and reduced their price objective for the company from $57.00 to $49.00 in a research note on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $52.59.

Check Out Our Latest Analysis on Barrick Mining

Barrick Mining Stock Performance

NYSE:B opened at $38.11 on Friday. The firm has a market capitalization of $62.31 billion, a PE ratio of 11.30, a price-to-earnings-growth ratio of 1.20 and a beta of 0.48. The business’s fifty day moving average price is $42.74 and its 200 day moving average price is $40.89. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.01 and a quick ratio of 2.36. Barrick Mining Corporation has a 12 month low of $30.98 and a 12 month high of $54.69.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last posted its quarterly earnings results on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.01. The company had revenue of $5.29 billion for the quarter, compared to analysts’ expectations of $5.10 billion. Barrick Mining had a return on equity of 16.02% and a net margin of 31.60%. Barrick Mining’s quarterly revenue was up 43.8% on a year-over-year basis. During the same period last year, the firm earned $0.47 earnings per share. On average, sell-side analysts anticipate that Barrick Mining Corporation will post 3.50 earnings per share for the current fiscal year.

Barrick Mining Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a $0.1750 dividend. The ex-dividend date was Monday, August 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.8%. Barrick Mining’s dividend payout ratio is presently 18.04%.

Barrick Mining Profile

(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.