Barrick Mining (NYSE:B) Releases Earnings Results, Beats Estimates By $0.01 EPS

Barrick Mining (NYSE:B) (TSE:ABX) posted its quarterly earnings results on Monday. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.01, Briefing.com reports. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.During the same quarter last year, the business posted $0.47 EPS. The company’s quarterly revenue was up 43.8% compared to the same quarter last year.

Barrick Mining Stock Performance

Barrick Mining stock opened at $43.69 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.44 and a current ratio of 3.06. The company has a 50 day moving average price of $38.37 and a 200-day moving average price of $42.04. The company has a market capitalization of $71.91 billion, a PE ratio of 12.07, a P/E/G ratio of 0.93 and a beta of 0.47. Barrick Mining has a fifty-two week low of $22.13 and a fifty-two week high of $54.69.

Key Headlines Impacting Barrick Mining

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

• Positive Sentiment: Newmont dispute resolved: Barrick agreed to settle its longstanding Nevada Gold Mines joint-venture dispute with Newmont, reportedly receiving $1.95 billion in cash. The amended agreement also includes property contributions and removes a major obstacle to Barrick’s planned North American IPO or spinoff. Newmont’s consent gives Barrick greater flexibility to unlock value from its U.S. gold assets. Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion
• Positive Sentiment: Quarterly earnings beat expectations: Barrick reported second-quarter earnings of $0.82 per share, ahead of the $0.81 consensus estimate and up sharply from $0.47 a year earlier. Revenue increased 43.8% year over year, supported by higher gold and copper prices. The company also declared a quarterly dividend of $0.175 per share, payable September 15 to shareholders of record August 31. Barrick Reports Second Quarter 2026 Results
• Positive Sentiment: Spinoff leadership announced: Barrick named Hill to lead the North American spinoff, providing additional evidence that the transaction is advancing and potentially improving management focus on the new company. Barrick Names Hill North American Spinoff CEO After Newmont Deal
• Neutral Sentiment: Conflicting profit headlines: Some reports described Barrick as missing second-quarter profit estimates, while the reported $0.82 per share exceeded the cited consensus estimate. The discrepancy may reflect different earnings measures or estimates, so investors will focus on the company’s detailed results and outlook. Barrick Mining Beats Q2 Earnings and Revenue Estimates
• Negative Sentiment: Investor backlash remains: Shareholders have questioned the plan to spin off Barrick’s prized North American gold assets, raising concerns about strategic execution, governance and whether the restructuring will create value or separate the company from high-quality mines. Barrick Chairman’s Planned Overhaul Meets Investor Backlash

Analyst Upgrades and Downgrades

B has been the subject of several analyst reports. Canadian Imperial Bank of Commerce dropped 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 report on Wednesday, July 15th. JPMorgan Chase & Co. cut their target price on Barrick Mining from $58.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Bank of America reduced their price target on Barrick Mining from $58.00 to $56.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Finally, UBS Group decreased their target price on Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.46.

Hedge Funds Weigh In On Barrick Mining

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FIL Ltd raised its stake in shares of Barrick Mining by 85.3% in the fourth quarter. FIL Ltd now owns 30,099,422 shares of the gold and copper producer’s stock worth $1,311,169,000 after purchasing an additional 13,853,587 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in Barrick Mining during the 2nd quarter worth approximately $211,263,000. Canada Pension Plan Investment Board acquired a new stake in Barrick Mining during the 2nd quarter valued at approximately $172,230,000. Mackenzie Financial Corp boosted its holdings in shares of Barrick Mining by 61.9% in the 4th quarter. Mackenzie Financial Corp now owns 20,591,745 shares of the gold and copper producer’s stock valued at $909,104,000 after acquiring an additional 7,870,411 shares during the last quarter. Finally, Orbis Allan Gray Ltd purchased a new stake in shares of Barrick Mining in the 2nd quarter valued at $131,221,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

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.