Continental Advisors LLC Has $3.26 Million Stock Position in Barrick Mining Corporation $B

Continental Advisors LLC lowered its stake in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 60.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 99,417 shares of the gold and copper producer’s stock after selling 151,700 shares during the quarter. Barrick Mining makes up approximately 1.4% of Continental Advisors LLC’s holdings, making the stock its 22nd biggest holding. Continental Advisors LLC’s holdings in Barrick Mining were worth $3,258,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of B. Concord Wealth Partners bought a new stake in shares of Barrick Mining during the second quarter valued at approximately $26,000. Arlington Trust Co LLC acquired a new position in Barrick Mining during the 3rd quarter worth $26,000. Ameriflex Group Inc. bought a new position in Barrick Mining in the 2nd quarter valued at $27,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Barrick Mining in the 2nd quarter valued at $27,000. Finally, Bayforest Capital Ltd bought a new stake in shares of Barrick Mining during the second quarter worth $31,000. 90.82% of the stock is owned by institutional investors.

Barrick Mining Stock Down 1.7%

Barrick Mining stock opened at $52.06 on Friday. The company’s 50 day simple moving average is $45.18 and its 200 day simple moving average is $34.69. Barrick Mining Corporation has a fifty-two week low of $16.20 and a fifty-two week high of $54.69. The firm has a market capitalization of $87.23 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 0.47 and a beta of 0.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.94 and a quick ratio of 2.33.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its earnings results on Monday, November 10th. The gold and copper producer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.20 billion. Barrick Mining had a net margin of 24.53% and a return on equity of 9.48%. The business’s quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 earnings per share. As a group, sell-side analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current year.

Barrick Mining Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were issued a dividend of $0.175 per share. This is a boost from Barrick Mining’s previous quarterly dividend of $0.15. This represents a $0.70 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, November 28th. Barrick Mining’s dividend payout ratio is presently 33.82%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on B shares. Citigroup upgraded Barrick Mining from a “hold” rating to a “buy” rating in a report on Monday, November 24th. Wall Street Zen lowered shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Barrick Mining in a research note on Monday, December 29th. Bank of America upgraded shares of Barrick Mining from a “neutral” rating to a “buy” rating and increased their price objective for the company from $38.00 to $48.00 in a report on Monday, November 24th. Finally, DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $50.33.

More Barrick Mining News

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

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $68 price target (about ~30% upside from current levels), citing a valuation gap versus Agnico Eagle that favors Barrick — this is a major institutional endorsement that likely supported higher bids earlier in the session. JPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico Eagle
• Positive Sentiment: Multiple analysts raised price targets and the consensus brokerage view is bullish — recent coverage shifts and upgrades increase the odds of upward revisions to estimates and attract buy-side interest. Analysts Raise Barrick Mining (B) Price Targets
• Positive Sentiment: Macro/commodity support: coverage noting record metal prices and strategic moves at Barrick underpin the company’s cash flow profile and justify premium multiples versus peers, providing fundamental support beyond short-term trading noise. Barrick Gold Shares Surge Amid Record Metal Prices and Strategic Shifts
• Neutral Sentiment: Brokerage consensus remains constructive — Barrick has an average rating of “Buy” from covering firms, which supports medium-term demand but may already be priced in. Barrick Mining Corporation (NYSE:B) Receives Average Rating of “Buy” from Brokerages
• Neutral Sentiment: Upcoming results: Barrick is scheduled to report quarterly earnings next week — that timing is concentrating trading and volatility as investors position around guidance and metal-price sensitivity. Barrick Mining (B) Expected to Announce Quarterly Earnings on Thursday
• Negative Sentiment: Near-term beat odds limited: Zacks notes Barrick lacks the “right combination” of drivers to deliver a likely earnings beat next quarter, which can weaken short-term investor enthusiasm and invite selling into the print. Barrick Mining (B) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Profit‑taking and short‑term selling pressures have pushed the stock down today on heavier-than-average volume; with shares near recent multi‑year highs, some traders are locking gains ahead of the earnings release.

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.