Barrick Mining Corporation $B Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 96.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 133,963 shares of the gold and copper producer’s stock after selling 4,171,638 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Barrick Mining were worth $5,836,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in B. Arlington Trust Co LLC acquired a new stake in shares of Barrick Mining in the third quarter valued at approximately $26,000. JPL Wealth Management LLC acquired a new position in shares of Barrick Mining in the 3rd quarter valued at $28,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Barrick Mining in the 3rd quarter valued at $31,000. Provenance Wealth Advisors LLC purchased a new stake in Barrick Mining in the 3rd quarter valued at $32,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in Barrick Mining in the 2nd quarter valued at $33,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Trading Up 2.9%

Shares of Barrick Mining stock opened at $38.55 on Friday. Barrick Mining Corporation has a 52-week low of $17.00 and a 52-week high of $54.69. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. The company’s 50-day simple moving average is $46.15 and its 200-day simple moving average is $40.85. The firm has a market cap of $64.59 billion, a price-to-earnings ratio of 13.16, a price-to-earnings-growth ratio of 1.28 and a beta of 0.41.

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

Barrick Mining Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a dividend of $0.42 per share. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. This represents a $1.68 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, February 27th. Barrick Mining’s dividend payout ratio is currently 57.34%.

Key Barrick Mining News

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

• Positive Sentiment: UBS kept a Buy rating on Barrick while lowering its price target from $55 to $50, signaling continued analyst conviction and implying meaningful upside from current levels. Benzinga
• Neutral Sentiment: Macro/sector analysis pieces note that gold stocks have sharply retraced after prior rallies and debate when miners will recover — useful context for sentiment but not Barrick-specific action. Where Have All The Gold Stocks Gone?
• Neutral Sentiment: Broader mining coverage (e.g., SSRM outlook, MarketBeat stock idea lists) highlights sector dynamics—production ramps, cost trajectories, and macro flow into/out of miners—which can affect investor positioning in Barrick but are company-agnostic. SSRM Stock Outlook for 2026
• Negative Sentiment: Barrick has slowed/delayed work at the Reko Diq copper-gold project in Pakistan, citing rising regional security risks tied to Middle East tensions; this directly risks near‑term capex timing and longer-term production/cash‑flow from a multi‑billion dollar asset. Multiple outlets report the pause, including the FT and Bloomberg. FT: Barrick delays Reko Diq Bloomberg
• Negative Sentiment: Gold & mining stocks have been pressured by renewed geopolitical risk (Iran/Middle East conflict) and weaker gold price momentum, which tends to compress miner multiples and can offset company-level positive news. Why the Gold Rush Is Over

Analyst Upgrades and Downgrades

Several research analysts have issued reports on B shares. UBS Group lowered their price objective on shares of Barrick Mining from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday. Citigroup raised their price target on Barrick Mining from $38.00 to $48.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Finally, Scotiabank increased their price objective on Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Barrick Mining presently has an average rating of “Moderate Buy” and a consensus target price of $54.83.

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.