Factory Mutual Insurance Co. Invests $1.70 Million in Barrick Mining Corporation $B

Factory Mutual Insurance Co. acquired a new stake in Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 51,742 shares of the gold and copper producer’s stock, valued at approximately $1,696,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. grew its holdings in shares of Barrick Mining by 0.9% during the third quarter. Legend Financial Advisors Inc. now owns 45,139 shares of the gold and copper producer’s stock worth $1,479,000 after buying an additional 399 shares in the last quarter. Ascent Group LLC lifted its stake in shares of Barrick Mining by 2.9% in the third quarter. Ascent Group LLC now owns 14,514 shares of the gold and copper producer’s stock worth $476,000 after buying an additional 404 shares in the last quarter. Prospera Financial Services Inc boosted its position in Barrick Mining by 1.0% during the third quarter. Prospera Financial Services Inc now owns 67,019 shares of the gold and copper producer’s stock worth $2,196,000 after acquiring an additional 643 shares during the last quarter. Nexus Investment Management ULC grew its stake in Barrick Mining by 39.4% during the 3rd quarter. Nexus Investment Management ULC now owns 2,300 shares of the gold and copper producer’s stock valued at $75,000 after acquiring an additional 650 shares in the last quarter. Finally, Syon Capital LLC raised its holdings in Barrick Mining by 2.7% in the 3rd quarter. Syon Capital LLC now owns 25,215 shares of the gold and copper producer’s stock valued at $826,000 after acquiring an additional 657 shares during the last quarter. Hedge funds and other institutional investors 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: Major investor publicly backs Barrick, helping counter geopolitical scrutiny and supporting confidence in management and strategy. Major Investor Backs Barrick Gold Amid Geopolitical Scrutiny
  • Positive Sentiment: Mali/Loulo outcome improved investor clarity: the Loulo license was renewed for 10 years and Barrick reached a settlement around its Mali dispute, removing a significant regulatory overhang and preserving future production optionality. Barrick’s Loulo license renewed Mali dispute settlement and Loulo extension
  • Positive Sentiment: Fundamentals still strong: Q4/2025 delivered record cash flow and better‑than‑expected EPS/revenue, reinforcing the company’s ability to fund dividends and buybacks that supported the recent run. Q4 strength and cash flow
  • Neutral Sentiment: Analyst price target action: Canaccord trimmed its target to $77 but kept a Buy rating, signaling continued upside in analysts’ view despite some calibration. Canaccord price target update
  • Neutral Sentiment: Market is reassessing valuation after a large run—several articles weigh whether the recent ~80% multi‑month surge leaves the stock fairly priced and flag the recent pullback as profit taking. Time to reassess after surge Assessing valuation after pullback
  • Negative Sentiment: Rising unit costs are a near‑term headwind: analysts warn higher operating/unit costs could erode profit momentum even with elevated gold prices, which may cap near‑term multiple expansion. Zacks: Higher costs risk profit momentum
  • Negative Sentiment: Production guidance tweak: a small reduction in 2026 production forecast triggered recent selling and investor caution — the market is sensitive after a large prior rally. Forbes: production cut and pullback

Barrick Mining Trading Up 0.7%

Shares of Barrick Mining stock opened at $48.55 on Friday. The stock has a 50 day moving average of $47.01 and a 200 day moving average of $37.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The firm has a market capitalization of $81.34 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 0.39 and a beta of 0.40. Barrick Mining Corporation has a fifty-two week low of $17.00 and a fifty-two week high of $54.69.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last posted its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company had revenue of $5.98 billion for the quarter, compared to the consensus estimate of $5.15 billion. The company’s quarterly revenue was up 44.6% compared to the same quarter last year. As a group, research analysts predict that Barrick Mining Corporation 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. Shareholders of record on Friday, February 27th will be given a $0.42 dividend. The ex-dividend date of this dividend is Friday, February 27th. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 dividend on an annualized basis and a yield of 3.5%. Barrick Mining’s dividend payout ratio is currently 23.89%.

Analyst Ratings Changes

A number of research firms have weighed in on B. Raymond James Financial boosted their target price on Barrick Mining from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Canaccord Genuity Group reduced their price objective on Barrick Mining to $77.00 and set a “buy” rating on the stock in a research report on Wednesday. ATB Cormark Capital Markets upgraded Barrick Mining to a “moderate buy” rating in a report on Monday, February 9th. JPMorgan Chase & Co. initiated coverage on Barrick Mining in a research note on Thursday, January 29th. They issued an “overweight” rating and a $68.00 target price for the company. Finally, DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Barrick Mining has a consensus rating of “Moderate Buy” and a consensus price target of $55.25.

Get Our Latest Stock Analysis on Barrick Mining

Barrick Mining Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding B? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX).

Institutional Ownership by Quarter for Barrick Mining (NYSE:B)

Receive News & Ratings for Barrick Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Mining and related companies with MarketBeat.com's FREE daily email newsletter.