Barrick Mining Corporation $B Shares Sold by Evexia Wealth LLC

Evexia Wealth LLC lowered its holdings in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 3.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 375,167 shares of the gold and copper producer’s stock after selling 13,358 shares during the quarter. Barrick Mining comprises approximately 4.7% of Evexia Wealth LLC’s holdings, making the stock its 4th biggest holding. Evexia Wealth LLC’s holdings in Barrick Mining were worth $16,339,000 as of its most recent SEC filing.

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

Trending Headlines about Barrick Mining

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

• Positive Sentiment: Barrick has formed an executive leadership team to pursue a North American IPO, a strategic move that could unlock valuation, broaden the investor base and create a path for asset or listing separation. Barrick forms executive leadership team to pursue North American IPO – Bloomberg
• Positive Sentiment: Barrick reported a sequential jump in Q4 gold sales (about +15%), driven by strong NGM performance and beat/solid revenue and EPS metrics, which supports near-term cash flow and margins. Barrick Mining’s Gold Sales Rise in Q4: Can It Keep Up in Q1?
• Neutral Sentiment: Revival Gold closed its acquisition of Mercur Mines LLC (formerly a Barrick asset) — a routine asset sale/transfer for Barrick that has limited direct impact on consolidated results but matters for regional asset footprint. Revival Gold Consolidates Mercur Gold Project
• Negative Sentiment: Barrick says it is reviewing all aspects of the Reko Diq project after a recent escalation in security risks and incidents — this raises the prospect of delays, higher security or capex costs, and pushes out expected production/cash flows from a major growth asset. Barrick Provides an Update on Reko Diq
• Negative Sentiment: Gold prices fell amid a stronger U.S. dollar (partly tied to geopolitical developments), pressuring gold miners’ near-term revenue — articles note miners could outperform on a rebound, but the immediate effect is downward pressure on margins and sentiment. Gold Falls as Dollar Rises. Why Mining Stocks Could Outperform.
• Negative Sentiment: Broader equity weakness (markets down on signals the Iran conflict may persist) is pressuring cyclicals and resource stocks, adding to today’s selling pressure on Barrick. Stocks Sink as President Trump Signals Iran War Will Drag On

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on B shares. BNP Paribas Exane upgraded Barrick Mining to a “neutral” rating and set a $50.00 target price for the company in a research report on Friday, December 5th. Canaccord Genuity Group decreased their price target on Barrick Mining to $77.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a research report on Monday, January 19th. Jefferies Financial Group reiterated a “buy” rating and set a $55.00 price objective on shares of Barrick Mining in a research note on Sunday, December 7th. Finally, Zacks Research lowered shares of Barrick Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. One equities research 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $54.83.

Barrick Mining Price Performance

Barrick Mining stock opened at $41.67 on Friday. 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 Corporation has a 52 week low of $17.00 and a 52 week high of $54.69. The stock has a market capitalization of $69.81 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 1.38 and a beta of 0.50. The stock has a fifty day moving average of $45.47 and a 200-day moving average of $41.09.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The business had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. The firm’s revenue for the quarter was up 44.6% compared to the same quarter last year. On average, sell-side analysts expect that Barrick Mining Corporation will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Friday, February 27th. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio is 57.34%.

Barrick Mining 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.