TD Has Lowered Expectations for Barrick Mining (NYSE:B) Stock Price

Barrick Mining (NYSE:B) (TSE:ABX) had its price target reduced by TD from $61.00 to $59.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the gold and copper producer’s stock. TD’s price objective would suggest a potential upside of 46.26% from the stock’s current price.

B has been the subject of several other reports. Wall Street Zen downgraded shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Scotiabank dropped their price objective on shares of Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. JPMorgan Chase & Co. dropped their price objective on shares of Barrick Mining from $58.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reduced their target price on Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a report on Tuesday, April 21st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Barrick Mining in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $52.79.

Barrick Mining Price Performance

NYSE:B traded down $0.54 during trading hours on Tuesday, reaching $40.34. The company had a trading volume of 8,766,842 shares, compared to its average volume of 13,233,621. The stock has a 50-day moving average of $38.34 and a two-hundred day moving average of $41.97. Barrick Mining has a one year low of $22.95 and a one year high of $54.69. The firm has a market capitalization of $66.39 billion, a PE ratio of 11.15, a PEG ratio of 0.93 and a beta of 0.47. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings data on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.01. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $5.10 billion. During the same period in the prior year, the company posted $0.47 earnings per share. The business’s revenue for the quarter was up 43.8% compared to the same quarter last year. Analysts forecast that Barrick Mining will post 3.57 earnings per share for the current year.

Hedge Funds Weigh In On Barrick Mining

Large investors have recently made changes to their positions in the company. Westside Investment Management Inc. bought a new position in Barrick Mining in the fourth quarter valued at about $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Barrick Mining in the 4th quarter valued at about $26,000. Ascentis Independent Advisors acquired a new stake in shares of Barrick Mining during the 1st quarter worth approximately $28,000. Laurel Wealth Advisors LLC bought a new stake in shares of Barrick Mining during the fourth quarter worth approximately $30,000. Finally, Motiv8 Investments LLC bought a new stake in shares of Barrick Mining during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Key Barrick Mining News

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

• Positive Sentiment: Barrick and Newmont resolved their longstanding Nevada Gold Mines dispute in an agreement involving approximately $1.95 billion in cash and the contribution of additional development properties. The deal removes a major source of uncertainty and gives Newmont consent for Barrick’s planned North American gold IPO. Barrick and Newmont Reach Agreement Regarding Nevada Gold Mines Joint Venture
• Positive Sentiment: Management is targeting a year-end IPO of its combined North American gold assets, which could unlock value, provide strategic flexibility and sharpen the valuation of Barrick’s remaining international portfolio. Barrick Q2 Earnings Call Centers on Newmont Deal and IPO
• Positive Sentiment: Second-quarter adjusted earnings of $0.82 per share slightly exceeded the company’s cited consensus estimate of $0.81, while earnings increased sharply from $0.47 a year earlier. Gold production also reportedly exceeded guidance, and Barrick returned roughly $1.5 billion to shareholders. Barrick Mining Corp Q2 2026 Earnings Call Highlights
• Positive Sentiment: Barrick maintained its 2026 guidance and declared a quarterly dividend of $0.175 per share, payable September 15 to shareholders of record August 31. Barrick Declares Q2 Dividend
• Neutral Sentiment: Barrick appointed Sebastiaan Bock as CEO, Rest of World, giving him responsibility for gold and copper assets outside North America. The move establishes a clearer management structure ahead of the proposed IPO but adds to the company’s broader corporate transition. Barrick Appoints Sebastiaan Bock CEO, Rest of World
• Negative Sentiment: Revenue of $4.19 billion fell well short of the roughly $5.10 billion analyst expectation. Reports also cited rising gold production costs and updated capital-expenditure guidance, raising concerns about margins and execution despite year-over-year growth. Barrick Mining Misses Q2 Earnings As JV Deal Clears IPO Path
• Negative Sentiment: Some investors remain opposed to the North American IPO and the planned overhaul, creating uncertainty about shareholder support, transaction execution and the eventual value of the spun-out assets. Barrick Chairman’s Planned Overhaul Meets Investor Backlash

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.