Gunderson Capital Management Inc. Acquires Shares of 206,353 Barrick Mining Corporation $B

Gunderson Capital Management Inc. bought a new position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 206,353 shares of the gold and copper producer’s stock, valued at approximately $8,987,000. Barrick Mining accounts for about 4.1% of Gunderson Capital Management Inc.’s investment portfolio, making the stock its 7th biggest position.

A number of other large investors also recently modified their holdings of B. Capital International Investors increased 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 purchasing an additional 26,921,219 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Barrick Mining by 1.1% in the third 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 buying an additional 767,544 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Barrick Mining during the second quarter valued at about $1,091,122,000. TD Asset Management Inc increased 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 acquiring an additional 715,151 shares in the last quarter. Finally, CIBC Asset Management Inc increased its position in shares of Barrick Mining by 316.0% during 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 acquiring an additional 13,891,886 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors.

Barrick Mining Trading Up 6.0%

NYSE B opened at $40.76 on Wednesday. The stock has a market capitalization of $68.28 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 1.27 and a beta of 0.41. Barrick Mining Corporation has a one year low of $17.00 and a one year high of $54.69. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 2.33. The business’s fifty day moving average is $45.76 and its 200-day moving average is $41.08.

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

Barrick Mining Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.42 per share. 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 4.1%. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is currently 57.34%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on B. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $71.00 price target on shares of Barrick Mining in a research report on Wednesday, February 4th. BNP Paribas Exane raised Barrick Mining to a “neutral” rating and set a $50.00 price objective for the company in a report on Friday, December 5th. Zacks Research downgraded Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Wall Street Zen upgraded Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Finally, Canaccord Genuity Group cut their target price on Barrick Mining to $77.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Barrick Mining currently has an average rating of “Moderate Buy” and a consensus price target of $54.83.

Trending Headlines about Barrick Mining

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

• Positive Sentiment: Bloomberg reports Barrick has created a new leadership group to pursue a North American IPO (the “NewCo” split). Investors see an IPO as a near-term catalyst that could unlock value through a sum-of-the-parts re‑rating and attract interest for the North American asset package. Read More.
• Positive Sentiment: Market-driven tailwind: stronger gold prices have pushed Barrick shares higher as investors favor large gold producers for exposure to rising bullion. Coverage noting a surge tied to gold helped lift sentiment. Read More.
• Positive Sentiment: Analyst/investor thesis: recent write-ups highlight structural gold demand, Barrick’s asset-spin catalysts and its copper growth strategy (targeting ~40% of EBITDA by 2030) as multi-year upside drivers — reinforcing the idea that a NewCo IPO + copper mix could boost multiples. Read More.
• Neutral Sentiment: Smaller industry/asset news: an article notes a junior, Dateline Resources, seeking funds to develop a former Barrick site — relevant to regional exploration narratives but unlikely to move Barrick’s share price materially. Read More.
• Negative Sentiment: UBS trimmed its price target on Barrick to $50, signaling some analyst caution about near-term upside even as structural and spin catalysts are discussed; this could cap gains or slow upgrades until more IPO execution detail arrives. Read More.

Barrick Mining Profile

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.