Townsquare Capital LLC Sells 11,901 Shares of Barrick Mining Corporation $B

Townsquare Capital LLC lowered its holdings in Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) by 63.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,996 shares of the gold and copper producer’s stock after selling 11,901 shares during the quarter. Townsquare Capital LLC’s holdings in Barrick Mining were worth $229,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. purchased a new position in shares of Barrick Mining in the second quarter worth $1,459,633,000. Measured Wealth Private Client Group LLC bought a new stake in Barrick Mining in the 2nd quarter worth $696,000. Philadelphia Trust Co. purchased a new position in shares of Barrick Mining in the second quarter valued at about $1,412,000. Cadence Wealth Management LLC bought a new position in shares of Barrick Mining during the second quarter valued at about $1,112,000. Finally, CIBC Asset Management Inc boosted its holdings in shares of Barrick Mining by 316.0% during the third quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock worth $601,115,000 after purchasing an additional 13,891,886 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Zacks Research downgraded Barrick Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. Canaccord Genuity Group raised their price target on Barrick Mining from $39.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. JPMorgan Chase & Co. began coverage on shares of Barrick Mining in a research report on Thursday. They set an “overweight” rating and a $68.00 price objective on the stock. Finally, Royal Bank Of Canada raised their target price on shares of Barrick Mining from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $51.33.

Read Our Latest Research Report on B

Barrick Mining News Summary

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, highlighting valuation upside versus peers — a clear analyst catalyst that could support the stock if broader gold trends stabilize. JPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico Eagle
  • Positive Sentiment: Several analysts raised price targets recently, reflecting firmer analyst sentiment and giving investors near‑term upside scenarios if gold prices recover. Analysts Raise Barrick Mining (B) Price Targets
  • Positive Sentiment: Equity research notes (Zacks) point to Barrick as a strong growth/value combination in the gold/copper space, underpinned by improving cash flow and a favorable production mix — a supportive fundamental argument for medium-term holders. Here’s Why Barrick Mining (B) is a Strong Growth Stock
  • Positive Sentiment: Macro volatility narratives are rotating some flows into gold miners as a hedge; Zacks’ volatility playbook specifically lists gold miners (including Barrick) as beneficiaries when risk repricing accelerates. 2026 Volatility Playbook: NVDA, B, NEM & More in AI, Gold & Power
  • Neutral Sentiment: Barrick has an upcoming earnings report that could be a swing factor — Zacks notes EPS are expected to grow but warns the mix of drivers may not point to a clear beat; results will be an important short-term catalyst. Barrick Mining (B) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
  • Negative Sentiment: News that eased near‑term equity‑market angst — notably a high‑profile political nomination — reduced demand for gold as a safe haven; The Motley Fool explicitly ties today’s sharp drop to that development lowering gold prices and pressuring Barrick. Why Barrick Gold Plunged Today
  • Negative Sentiment: Broader market commentary (MarketBeat week review) notes a hotter-than-expected inflation print and the Fed chair announcement pushed gold and silver lower — a macro headwind for gold miners until bullion stabilizes.

Barrick Mining Stock Down 12.1%

NYSE:B opened at $45.74 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.94 and a quick ratio of 2.33. The firm’s 50-day moving average price is $45.36 and its 200-day moving average price is $34.95. The company has a market capitalization of $76.63 billion, a PE ratio of 22.10, a P/E/G ratio of 0.47 and a beta of 0.41. Barrick Mining Corporation has a 1-year low of $16.33 and a 1-year high of $54.69.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last posted its quarterly earnings data on Monday, November 10th. The gold and copper producer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Barrick Mining had a net margin of 24.53% and a return on equity of 9.48%. The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the previous year, the firm posted $0.09 earnings per share. Barrick Mining’s quarterly revenue was up 23.2% on a year-over-year basis. On average, equities analysts predict that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were given a dividend of $0.175 per share. This is a boost from Barrick Mining’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.70 dividend on an annualized basis and a yield of 1.5%. Barrick Mining’s dividend payout ratio is 33.82%.

Barrick Mining Company 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.

Further Reading

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)

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