Barrick Mining (NYSE:B) Upgraded at Atb Cormark Cm

Atb Cormark Cm upgraded shares of Barrick Mining (NYSE:B) (TSE:ABX) to a moderate buy rating in a research report report published on Monday,Zacks.com reports.

A number of other brokerages have also issued reports on B. Jefferies Financial Group reissued a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a report on Sunday, December 7th. DZ Bank raised Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Cormark upgraded shares of Barrick Mining from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, November 11th. Scotiabank upped their price objective on shares of Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Barrick Mining in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Barrick Mining has a consensus rating of “Moderate Buy” and a consensus target price of $53.58.

Barrick Mining Stock Up 1.8%

Barrick Mining stock opened at $47.78 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. Barrick Mining has a one year low of $17.00 and a one year high of $54.69. The company has a 50-day simple moving average of $46.27 and a 200-day simple moving average of $36.36. The firm has a market capitalization of $80.04 billion, a P/E ratio of 16.31, a P/E/G ratio of 0.39 and a beta of 0.40.

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

Barrick Mining Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, February 27th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s payout ratio is presently 23.89%.

Hedge Funds Weigh In On Barrick Mining

A number of hedge funds and other institutional investors have recently modified their holdings of B. Financial Consulate Inc. raised its holdings in Barrick Mining by 1,042.0% during the 4th quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock worth $25,000 after buying an additional 521 shares during the period. Westside Investment Management Inc. acquired a new position in shares of Barrick Mining in the fourth quarter worth about $25,000. Concord Wealth Partners purchased a new position in shares of Barrick Mining in the second quarter worth approximately $26,000. Arlington Trust Co LLC acquired a new stake in shares of Barrick Mining during the third quarter valued at approximately $26,000. Finally, JPL Wealth Management LLC purchased a new stake in shares of Barrick Mining in the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Barrick Mining News Summary

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

• Positive Sentiment: Stifel raised its price target sharply to C$95 and issued a Buy rating — a strong bullish, high‑conviction call that can attract momentum and institutional attention given the size of the revision. Read More.
• Positive Sentiment: ATB Cormark upgraded Barrick to a “moderate buy” — another analyst upgrade supporting demand from discretionary investors and funds that follow analyst sentiment. Read More.
• Positive Sentiment: Barrick’s plan to IPO/top-list North American gold assets (and recast leadership) is being widely reported — an IPO or carve‑out can materially change how the market values North American operations (separating growth/risk profiles, unlocking hidden value). This restructuring narrative is a primary driver of the re‑rating. Read More.
• Positive Sentiment: Barrick named new board members — governance refresh that typically accompanies major strategic moves (IPOs/spin‑offs) and can reassure investors about execution capacity. Read More.
• Neutral Sentiment: Citi raised its price target to $48 but kept a Neutral rating — the PT bump is supportive, but the maintained Neutral suggests caution that upside may be measured until strategy execution (IPO/spin‑off) and operational metrics are clearer. Read More.
• Neutral Sentiment: Reports that Barrick is considering a formal spin‑off of North American operations indicate a major strategic shift — value‑creative if executed, but timing, tax/structuring details and market appetite remain uncertain. Investors should watch formal announcements and timelines. Read More.
• Negative Sentiment: Newmont publicly urged Barrick to improve output in Nevada — operational shortfalls or public pressure from a large partner can weigh on sentiment and highlight execution risk in a core region. Track Nevada production updates and any management responses. Read More.

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.