Private Advisor Group LLC Decreases Holdings in Barrick Mining Corporation $B

Private Advisor Group LLC trimmed its holdings in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 21.9% during the first quarter, HoldingsChannel reports. The firm owned 54,708 shares of the gold and copper producer’s stock after selling 15,328 shares during the quarter. Private Advisor Group LLC’s holdings in Barrick Mining were worth $2,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Westside Investment Management Inc. purchased a new stake in Barrick Mining during the fourth quarter worth about $25,000. Financial Consulate Inc. boosted its stake in Barrick Mining by 1,042.0% in the fourth quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after acquiring an additional 521 shares during the last quarter. Intesa Sanpaolo Wealth Management bought a new position in shares of Barrick Mining during the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Barrick Mining during the 4th quarter worth approximately $30,000. Finally, Motiv8 Investments LLC bought a new position in Barrick Mining during the fourth quarter valued at $31,000. 90.82% of the stock is owned by hedge funds and other institutional investors.

Key Barrick Mining News

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

• Positive Sentiment: Barrick is set to provide a fresh earnings update on August 10, which could offer clarity on margins, cash flow, and management outlook ahead of the report. Barrick to Report Second Quarter 2026 Results on August 10
• Neutral Sentiment: Recent commentary noted that Barrick remains supported by its gold and copper exposure, but the stock has also been reacting to weaker gold prices and broader precious-metals volatility. Barrick Mining (TSX:ABX) Following Gold Weakness Is The Bull Case Still Cheap
• Neutral Sentiment: Bank of America reportedly lowered its price target on Barrick to $56 from $58 but kept a buy rating, suggesting analysts still see meaningful upside despite near-term weakness. Barrick price target lowered by Bank of America
• Negative Sentiment: Barrick shares have been pressured recently as softer gold prices weighed on the broader mining sector, reinforcing concern that commodity weakness could limit near-term stock performance. Barrick Mining (TSX:ABX) Following Gold Weakness Is The Bull Case Still Cheap

Wall Street Analyst Weigh In

B has been the subject of several research reports. Barclays initiated coverage on Barrick Mining in a research note on Thursday, May 21st. They set an “equal weight” rating and a $41.00 price target for the company. Weiss Ratings cut Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a report on Tuesday, April 21st. Royal Bank Of Canada cut their target price on shares of Barrick Mining from $51.00 to $49.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, ATB Cormark Capital Markets downgraded shares of Barrick Mining from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Barrick Mining has an average rating of “Moderate Buy” and a consensus target price of $54.46.

Barrick Mining Trading Down 0.5%

NYSE:B opened at $36.63 on Friday. Barrick Mining Corporation has a 1 year low of $20.52 and a 1 year high of $54.69. The stock’s fifty day moving average price is $40.16 and its two-hundred day moving average price is $43.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.44. The company has a market cap of $60.93 billion, a P/E ratio of 10.12, a P/E/G ratio of 0.79 and a beta of 0.48.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.18. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The company had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining’s revenue for the quarter was up 66.7% on a year-over-year basis. As a group, analysts expect that Barrick Mining Corporation will post 3.67 EPS for the current year.

Barrick Mining Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.175 dividend. The ex-dividend date was Friday, May 29th. This represents a $0.70 annualized dividend and a yield of 1.9%. Barrick Mining’s dividend payout ratio (DPR) 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.