Pacifica Partners Inc. Reduces Position in Barrick Mining Corporation $B

Pacifica Partners Inc. trimmed its position in Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 18.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 123,108 shares of the gold and copper producer’s stock after selling 27,606 shares during the period. Barrick Mining accounts for approximately 2.4% of Pacifica Partners Inc.’s investment portfolio, making the stock its 15th biggest holding. Pacifica Partners Inc.’s holdings in Barrick Mining were worth $5,414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in B. Arlington Trust Co LLC purchased a new stake in Barrick Mining during the 3rd quarter valued at about $26,000. JPL Wealth Management LLC purchased a new position in shares of Barrick Mining in the third quarter worth about $28,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Barrick Mining in the third quarter worth about $31,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Barrick Mining during the third quarter worth about $32,000. Finally, Investors Research Corp acquired a new stake in shares of Barrick Mining during the third quarter worth about $36,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Stock Down 3.1%

Barrick Mining stock opened at $37.09 on Monday. The business’s 50-day moving average price is $47.27 and its 200 day moving average price is $40.60. 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 firm has a market cap of $62.14 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 1.23 and a beta of 0.41. Barrick Mining Corporation has a 52 week low of $17.00 and a 52 week high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (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 during the quarter, compared to the consensus estimate of $5.15 billion. The firm’s revenue was up 44.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Barrick Mining Corporation will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were paid a $0.42 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.68 annualized dividend and a dividend yield of 4.5%. This is an increase from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio (DPR) is presently 57.34%.

Barrick Mining News Roundup

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

• Positive Sentiment: Fool argues Barrick may now be a bargain after the recent sell‑off, highlighting the company’s strong earnings beat and the view that the pullback could present a value entry for long‑term investors. Why Barrick Mining Stock Keeps Going Down
• Positive Sentiment: Analyst pieces comparing Barrick to Agnico Eagle note both miners are converting project activity into cash flow and returning capital to shareholders, supporting a constructive medium‑term outlook if metals remain firm. Barrick Mining vs. Agnico Eagle: Which Gold Miner Has More Glitter?
• Positive Sentiment: Some market coverage shows Barrick participating in broader metals momentum on the NYSE composite, a reminder that sector rallies can quickly lift the stock if commodity prices recover. Barrick Mining (NYSE:B) Rises As Nyse Composite Reflects Global Metals Momentum
• Neutral Sentiment: Valuation analyses note the recent price weakness makes Barrick cheaper on several metrics, but also emphasize the stock’s volatility—useful context for investors weighing entry points versus near‑term risk. Assessing Barrick Mining (TSX:ABX) Valuation After Recent Share Price Weakness
• Neutral Sentiment: Broader market headwinds—rising bond yields and inflation fears—are weighing on stocks generally, which can amplify downside in commodity‑sensitive names like Barrick. Stocks Retreat as Inflation Fears Push Bond Yields Higher
• Negative Sentiment: Mining.com reports Teck holds an undisclosed royalty on Barrick’s Fourmile project that could be worth billions and might complicate or delay Barrick’s plans for a Fourmile IPO—introducing asset‑level uncertainty and potential dilution of expected value. Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO plans
• Negative Sentiment: Coverage indicates a lawsuit against Barrick has been allowed to proceed; combined with recent falls in gold prices, this legal risk and weaker commodity direction are immediate catalysts for selling pressure. Barrick Gold (ABX) Shares Plunge as Lawsuit Gets Green Light and Gold Tumbles
• Negative Sentiment: MarketWatch and other outlets note a slide in precious‑metal prices is dragging mining stocks lower, a direct headwind for Barrick’s near‑term revenue and sentiment. Mining Stocks Decline as Precious Metal Prices Drop

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on B. Canaccord Genuity Group cut their price target on shares of Barrick Mining to $77.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. TD Cowen restated a “buy” rating on shares of Barrick Mining in a research note on Wednesday, November 26th. DZ Bank raised shares of Barrick Mining to a “strong-buy” rating in a report on Monday, January 19th. Bank of America upgraded shares of Barrick Mining from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $38.00 to $48.00 in a research note on Monday, November 24th. Finally, Wall Street Zen raised shares of Barrick Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $55.25.

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.