Barrick Mining Corporation $B Shares Sold by Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lessened its position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 77.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,003 shares of the gold and copper producer’s stock after selling 16,867 shares during the quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s holdings in Barrick Mining were worth $204,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Sageworth Trust Co purchased a new stake in Barrick Mining in the first quarter valued at approximately $284,000. Cvfg LLC acquired a new stake in shares of Barrick Mining in the first quarter valued at approximately $4,303,000. Flatrock Wealth Partners LLC purchased a new position in shares of Barrick Mining during the first quarter worth approximately $289,000. Addison Capital Co grew its position in shares of Barrick Mining by 14.0% during the first quarter. Addison Capital Co now owns 6,495 shares of the gold and copper producer’s stock worth $265,000 after acquiring an additional 800 shares during the last quarter. Finally, Meridian Investment Counsel Inc. increased its holdings in shares of Barrick Mining by 8.0% in the 1st quarter. Meridian Investment Counsel Inc. now owns 72,879 shares of the gold and copper producer’s stock valued at $2,973,000 after acquiring an additional 5,370 shares during the period. Institutional investors and hedge funds own 90.82% of the company’s stock.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: Barrick is being highlighted as a potential beneficiary of renewed bullishness in gold, with some market commentary arguing the stock still looks inexpensive relative to its earnings and cash-flow potential. Gold expert turns bullish! Is now the time to buy Barrick Mining, Desert Gold, and First Majestic Silver?
• Positive Sentiment: Articles continue to note Barrick’s relatively low valuation and stronger long-term performance, supporting the case that the pullback may be overdone for investors focused on fundamentals. Is Barrick Mining (TSX:ABX) Fully Priced, Or Still A Bargain?
• Neutral Sentiment: Coverage focused on Barrick’s Mali exposure and broader gold-market positioning is keeping the stock in the news, but these pieces are mostly thematic rather than tied to a clear near-term operational catalyst. Immediate cash flow: Desert Gold is making the big leap and Barrick Mining and B2Gold continue to bet on Mali
• Neutral Sentiment: Another piece points to Barrick’s recent visibility on the S&P 500 radar and in gold-related screening, which may be supporting investor attention without directly changing fundamentals. Why Is Barrick Mining (NYSE:GOLD) Gaining S&P 500 Attention?
• Negative Sentiment: Barrick shares were cited as weakening in premarket trading as gold prices extended their decline, with sector-wide selling pressure weighing on the stock. Barrick Mining Shares Weaken as Gold Prices Extend Decline (B)

Analyst Upgrades and Downgrades

Several analysts recently commented on B shares. Barclays initiated coverage on shares of Barrick Mining in a research report on Thursday, May 21st. They issued an “equal weight” rating and a $41.00 price target for the company. ATB Cormark Capital Markets downgraded shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings lowered shares of Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. UBS Group reduced their target price on shares of Barrick Mining from $54.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Finally, Canadian Imperial Bank of Commerce decreased their target price on shares of Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.15.

Barrick Mining Stock Performance

Shares of B opened at $35.66 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.44 and a current ratio of 3.06. The stock has a market capitalization of $59.31 billion, a P/E ratio of 9.85, a P/E/G ratio of 1.05 and a beta of 0.48. The company’s fifty day moving average is $40.24 and its two-hundred day moving average is $43.46. Barrick Mining Corporation has a 1 year low of $20.52 and a 1 year high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last released its earnings results on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, topping the consensus estimate of $0.80 by $0.18. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. The company had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.75 billion. The company’s revenue for the quarter was up 66.7% compared to the same quarter last year. On average, sell-side analysts predict that Barrick Mining Corporation will post 3.78 earnings per share for the current year.

Barrick Mining Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 29th. Barrick Mining’s dividend payout ratio is currently 19.34%.

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.