Stableford Capital II LLC Takes Position in Barrick Mining Corporation $B

Stableford Capital II LLC purchased a new position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 46,154 shares of the gold and copper producer’s stock, valued at approximately $2,010,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital International Investors boosted its stake in Barrick Mining by 35.9% during the 3rd quarter. Capital International Investors now owns 101,846,588 shares of the gold and copper producer’s stock valued at $3,340,709,000 after acquiring an additional 26,921,219 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Barrick Mining by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 70,878,168 shares of the gold and copper producer’s stock valued at $2,327,991,000 after purchasing an additional 767,544 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Barrick Mining in the 2nd quarter valued at about $1,091,122,000. TD Asset Management Inc lifted its position in shares of Barrick Mining by 3.8% during the third quarter. TD Asset Management Inc now owns 19,309,335 shares of the gold and copper producer’s stock worth $634,346,000 after purchasing an additional 715,151 shares during the last quarter. Finally, CIBC Asset Management Inc grew its stake in Barrick Mining by 316.0% in the third quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock worth $601,115,000 after purchasing an additional 13,891,886 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Barrick Mining Trading Down 3.9%

Shares of NYSE B opened at $37.47 on Friday. Barrick Mining Corporation has a 12-month low of $17.00 and a 12-month high of $54.69. The company has a market cap of $62.77 billion, a price-to-earnings ratio of 12.79, a price-to-earnings-growth ratio of 1.29 and a beta of 0.41. The company has a current ratio of 2.92, a quick ratio of 2.33 and a debt-to-equity ratio of 0.13. The stock’s 50 day simple moving average is $46.35 and its 200 day simple moving average is $40.71.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The firm had revenue of $5.98 billion during the quarter, compared to the consensus estimate of $5.15 billion. Barrick Mining’s revenue was up 44.6% on a year-over-year basis. Equities research analysts expect that Barrick Mining Corporation will post 1.47 EPS for the current year.

Barrick Mining Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a $0.42 dividend. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.5%. Barrick Mining’s dividend payout ratio is 57.34%.

Analysts Set New Price Targets

Several analysts recently weighed in on B shares. JPMorgan Chase & Co. began coverage on Barrick Mining in a report on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price objective for the company. UBS Group set a $55.00 target price on Barrick Mining in a research report on Friday, February 6th. Canaccord Genuity Group dropped their price target on Barrick Mining to $77.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $71.00 price objective on shares of Barrick Mining in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a report on Sunday, December 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.25.

Barrick Mining News Roundup

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

• Positive Sentiment: Support from firmer gold and shareholder‑return narrative — Rising gold helped sentiment this week and analysts/investors have been encouraged by Barrick’s stepped‑up capital returns, buybacks and management’s plan to pursue an IPO of certain North American assets, which can support valuation even as near‑term project timing slips. Barrick Mining gains as gold prices firm and investors lean into its capital-return and IPO narrative
• Positive Sentiment: Analyst support — Recent analyst coverage and price‑target lifts (one note setting a $55.25 PT) provide a bullish reference point that could limit downside if company fundamentals remain intact. Analysts Set Barrick Mining Corporation (NYSE:B) PT at $55.25
• Neutral Sentiment: Sector volatility backdrop — Mining stocks have been sensitive to geopolitical developments around Iran/the Middle East, producing broad swings in the group that affect Barrick independently of company‑specific news. This amplifies market reaction to project‑level updates. Why the Gold Rush Is Over for These Mining Stocks
• Negative Sentiment: Reko Diq delay raises project/timing risk — Multiple reports (FT, Bloomberg, Northern Miner and others) say Barrick is slowing or delaying development at the Reko Diq mega‑mine in Pakistan because regional instability linked to the Middle East conflict has weakened security and increased execution risk. That defers expected future copper/gold output, CAPEX deployment timing and related cash‑flow upside, prompting a risk premium on the stock. Barrick delays Pakistan’s Reko Diq project as Middle East war adds to weakening security – FT

About Barrick Mining

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.