Barrick Mining (NYSE:B) Downgraded by ATB Cormark Capital Markets to Hold

Barrick Mining (NYSE:B) (TSE:ABX) was downgraded by stock analysts at ATB Cormark Capital Markets from a “moderate buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Several other research firms also recently weighed in on B. Citigroup raised their price objective on Barrick Mining from $38.00 to $48.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Zacks Research downgraded Barrick Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. initiated coverage on Barrick Mining in a research note on Thursday, January 29th. They issued an “overweight” rating and a $68.00 price objective for the company. Scotiabank raised their price objective on Barrick Mining from $43.00 to $63.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Finally, DZ Bank raised Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Barrick Mining currently has an average rating of “Moderate Buy” and an average price target of $54.83.

Barrick Mining Stock Performance

NYSE B opened at $41.32 on Tuesday. Barrick Mining has a 1-year low of $17.35 and a 1-year high of $54.69. The company has a market capitalization of $69.22 billion, a P/E ratio of 14.10, a PEG ratio of 1.36 and a beta of 0.50. The business has a 50 day moving average price of $44.86 and a 200 day moving average price of $41.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 2.33.

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 firm 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. Sell-side analysts expect that Barrick Mining will post 1.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Barrick Mining

Hedge funds have recently made changes to their positions in the business. Financial Consulate Inc. boosted its holdings in shares of Barrick Mining by 1,042.0% during the fourth quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock worth $25,000 after purchasing an additional 521 shares during the last quarter. Westside Investment Management Inc. acquired a new stake in shares of Barrick Mining during the fourth quarter worth $25,000. Arlington Trust Co LLC acquired a new stake in shares of Barrick Mining during the third quarter worth $26,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Barrick Mining during the fourth quarter worth $26,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Barrick Mining during the third quarter worth $28,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: Year-to-date and 12‑month gains plus strong quarterly results are underpinning investor confidence — analysts and investors cite a large rally (about 136% over the past year) driven by higher gold prices and solid cash flow, which helps absorb project-specific setbacks. Barrick Mining Pops 136% in a Year: Should You Buy, Sell or Retain?
• Neutral Sentiment: Industry/market headlines and unrelated junior-miner executive moves (e.g., Mayfair Gold naming a new CFO) are present in feeds but don’t directly affect Barrick’s fundamentals or near-term outlook. Mayfair Gold Announces Appointment of Kevin Annett as CFO
• Negative Sentiment: Barrick confirmed it will slow work on the Reko Diq copper‑gold development and extend a full project review after rising security risks in Pakistan. Management now warns of higher capital costs and schedule delays — a direct negative for future growth/capex planning and near-term production expectations. Barrick Mining to Slow Reko Diq Development Amid Security Worries
• Negative Sentiment: Multiple outlets confirm the slowdown and extended review, highlighting escalation of costs and delays — this broad media coverage increases investor focus on execution risk and regulatory/security exposure in Pakistan, which can pressure the stock until clarity on timing and capex arrives. Barrick confirms slowing Reko Diq, extends review

About Barrick Mining

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.