Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. lessened its holdings in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 19.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,000 shares of the gold and copper producer’s stock after selling 24,100 shares during the quarter. Barrick Mining accounts for approximately 8.0% of Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.’s portfolio, making the stock its 4th largest position. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.’s holdings in Barrick Mining were worth $3,737,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of B. FIL Ltd grew its holdings in shares of Barrick Mining by 85.3% during the fourth quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock valued at $1,311,169,000 after buying an additional 13,853,587 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Barrick Mining by 22.8% in the 4th quarter. Van ECK Associates Corp now owns 55,423,240 shares of the gold and copper producer’s stock worth $2,413,699,000 after acquiring an additional 10,287,544 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of Barrick Mining in the 2nd quarter worth about $211,263,000. Canada Pension Plan Investment Board bought a new position in Barrick Mining in the 2nd quarter valued at about $172,230,000. Finally, Mackenzie Financial Corp lifted its position in Barrick Mining by 61.9% in the 4th quarter. Mackenzie Financial Corp now owns 20,591,745 shares of the gold and copper producer’s stock valued at $909,104,000 after acquiring an additional 7,870,411 shares in the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.
Key Stories Impacting Barrick Mining
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Barrick and Newmont resolved their longstanding Nevada Gold Mines dispute. The agreement includes a reported $1.95 billion cash payment to Barrick, contributions of previously excluded properties to the joint venture and Newmont’s consent to Barrick’s proposed North American gold-assets IPO. The deal could unlock value, improve asset focus and provide capital-allocation flexibility. Barrick and Newmont Reach Agreement Regarding Nevada Gold Mines Joint Venture
- Positive Sentiment: Management highlighted record second-quarter gold production, strong gold and copper prices, approximately $1.5 billion returned to shareholders and unchanged 2026 guidance. Barrick also declared a quarterly dividend of $0.175 per share, payable September 15 to shareholders of record August 31. Barrick Reports Second Quarter 2026 Results
- Positive Sentiment: TD lowered its price target from $61 to $59 but retained a “buy” rating, implying substantial potential upside based on the analyst’s valuation. BayStreet analyst rating
- Neutral Sentiment: Barrick appointed Sebastiaan Bock as CEO, Rest of World, giving him responsibility for gold and copper operations outside North America. The move supports the company’s planned portfolio separation but adds another leadership transition for investors to monitor. Barrick Appoints Sebastiaan Bock CEO, Rest of World
- Negative Sentiment: Although reported EPS of $0.82 narrowly exceeded the $0.81 consensus estimate, some adjusted comparisons showed a miss. Revenue of $4.19 billion was well below the $5.10 billion estimate, and rising gold-mining costs and updated capital-expenditure guidance weighed on the reaction. Barrick Mining Misses Q2 Earnings
Barrick Mining Stock Performance
Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last issued its quarterly earnings results on Monday, August 10th. The gold and copper producer reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. Barrick Mining had a return on equity of 16.17% and a net margin of 31.60%.The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same period last year, the company posted $0.47 earnings per share. Barrick Mining’s quarterly revenue was up 43.8% compared to the same quarter last year. As a group, sell-side analysts expect that Barrick Mining Corporation will post 3.57 earnings per share for the current year.
Barrick Mining Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, August 31st. Barrick Mining’s payout ratio is presently 19.34%.
Wall Street Analysts Forecast Growth
B has been the topic of several analyst reports. JPMorgan Chase & Co. cut their target price on Barrick Mining from $58.00 to $50.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. UBS Group dropped their price objective on Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Canadian Imperial Bank of Commerce cut 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. Bank of America reduced their target price on shares of Barrick Mining from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, TD lowered their target price on shares of Barrick Mining from $61.00 to $59.00 and set a “buy” rating for the company in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $52.79.
Check Out Our Latest Stock Report on B
Barrick Mining Company 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.
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