Barrick Mining Corporation $B Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 1.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,884,086 shares of the gold and copper producer’s stock after selling 23,937 shares during the period. Bank of New York Mellon Corp’s holdings in Barrick Mining were worth $76,852,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of B. Hillsdale Investment Management Inc. grew its position in Barrick Mining by 13.9% in the 1st quarter. Hillsdale Investment Management Inc. now owns 1,327,142 shares of the gold and copper producer’s stock valued at $54,223,000 after acquiring an additional 161,641 shares in the last quarter. Retirement Planning Group LLC purchased a new stake in Barrick Mining during the first quarter worth about $222,000. Legacy Capital Group California Inc. acquired a new stake in shares of Barrick Mining during the first quarter worth about $637,000. Bleakley Financial Group LLC lifted its position in shares of Barrick Mining by 14.7% during the first quarter. Bleakley Financial Group LLC now owns 66,468 shares of the gold and copper producer’s stock worth $2,711,000 after purchasing an additional 8,519 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Barrick Mining by 19.2% in the first quarter. Principal Financial Group Inc. now owns 214,910 shares of the gold and copper producer’s stock valued at $8,755,000 after purchasing an additional 34,555 shares during the period. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Scotiabank dropped their price objective on shares of Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Royal Bank Of Canada reduced their target price on shares of Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Canadian Imperial Bank of Commerce decreased their price target on shares of Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research report on Tuesday, April 21st. Citigroup restated a “positive” rating on shares of Barrick Mining in a research note on Wednesday, July 15th. Finally, Weiss Ratings lowered Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Barrick Mining has an average rating of “Moderate Buy” and a consensus price target of $52.46.

Barrick Mining Stock Up 4.3%

Shares of NYSE B opened at $36.39 on Wednesday. The business has a 50-day moving average of $39.19 and a two-hundred day moving average of $42.89. The company has a market capitalization of $60.52 billion, a price-to-earnings ratio of 10.05, a price-to-earnings-growth ratio of 0.76 and a beta of 0.48. Barrick Mining Corporation has a 1 year low of $20.94 and a 1 year high of $54.69. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.44.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings data on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The business had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.75 billion. The business’s revenue was up 66.7% on a year-over-year basis. On average, analysts forecast that Barrick Mining Corporation will post 3.61 earnings per share for the current fiscal year.

Barrick Mining Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, May 29th. Barrick Mining’s dividend payout ratio is currently 19.34%.

Trending Headlines about Barrick Mining

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

• Positive Sentiment: Barrick announced a C$20.9 million investment in Kingfisher Metals, signaling continued exploration and growth-focused capital deployment. Barrick Announces Investment in Kingfisher Metals
• Positive Sentiment: JPMorgan kept an overweight rating on Barrick Mining even after lowering its price target to $50 from $58, which still implies meaningful upside from current levels. Benzinga report on JPMorgan price target cut
• Neutral Sentiment: Analyst estimates for Barrick’s FY2026 EPS were lowered, reflecting some caution around near-term earnings expectations. FY2026 EPS Estimates for Barrick Mining Lowered by Analyst
• Neutral Sentiment: Additional coverage suggested Barrick’s corporate moves are attracting market interest, though this appears to be a broad sentiment call rather than a new fundamental development. Barrick Mining Corporate Move Lifts Market Interest

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.