Barrick Mining (NYSE:B) Shares Gap Down – Here’s What Happened

Barrick Mining Corporation (NYSE:B) (TSE:ABX) gapped down prior to trading on Monday . The stock had previously closed at $43.68, but opened at $41.22. Barrick Mining shares last traded at $39.9070, with a volume of 8,719,447 shares.

Barrick Mining News Summary

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

• Positive Sentiment: Barrick and Newmont resolved their longstanding Nevada Gold Mines dispute. The agreement includes a reported $1.95 billion cash payment to Barrick, contributions of previously excluded properties to the joint venture and Newmont’s consent to Barrick’s proposed North American gold-assets IPO. The deal could unlock value, improve asset focus and provide capital-allocation flexibility. Barrick and Newmont Reach Agreement Regarding Nevada Gold Mines Joint Venture
• Positive Sentiment: Management highlighted record second-quarter gold production, strong gold and copper prices, approximately $1.5 billion returned to shareholders and unchanged 2026 guidance. Barrick 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: TD lowered its price target from $61 to $59 but retained a “buy” rating, implying substantial potential upside based on the analyst’s valuation. BayStreet analyst rating
• Neutral Sentiment: Barrick appointed Sebastiaan Bock as CEO, Rest of World, giving him responsibility for gold and copper operations outside North America. The move supports the company’s planned portfolio separation but adds another leadership transition for investors to monitor. Barrick Appoints Sebastiaan Bock CEO, Rest of World
• Negative Sentiment: Although reported EPS of $0.82 narrowly exceeded the $0.81 consensus estimate, some adjusted comparisons showed a miss. Revenue of $4.19 billion was well below the $5.10 billion estimate, and rising gold-mining costs and updated capital-expenditure guidance weighed on the reaction. Barrick Mining Misses Q2 Earnings

Analyst Upgrades and Downgrades

B has been the topic of several recent analyst reports. Citigroup restated a “positive” rating on shares of Barrick Mining in a report on Wednesday, July 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Barrick Mining in a research note on Friday. TD dropped their target price on shares of Barrick Mining from $61.00 to $59.00 and set a “buy” rating on the stock in a research report on Tuesday. Barclays cut their price target on shares of Barrick Mining from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Finally, Wall Street Zen cut shares of Barrick Mining from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $52.79.

Barrick Mining Stock Performance

The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $65.87 billion, a PE ratio of 10.31, a PEG ratio of 0.87 and a beta of 0.47. The firm has a 50 day moving average price of $38.28 and a 200-day moving average price of $41.91.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its quarterly earnings results on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.01. Barrick Mining had a net margin of 31.60% and a return on equity of 16.17%. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter in the prior year, the company earned $0.47 EPS. Barrick Mining’s quarterly revenue was up 43.8% on a year-over-year basis. Research analysts expect that Barrick Mining Corporation will post 3.57 EPS for the current fiscal year.

Barrick Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.175 per share. The ex-dividend date is Monday, August 31st. This represents a $0.70 dividend on an annualized basis and a yield of 1.7%. Barrick Mining’s payout ratio is currently 19.34%.

Institutional Trading of Barrick Mining

A number of hedge funds have recently modified their holdings of B. Westside Investment Management Inc. purchased a new stake in Barrick Mining in the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management purchased a new position in Barrick Mining in the fourth quarter valued at $26,000. Ascentis Independent Advisors acquired a new position in shares of Barrick Mining in the first quarter worth about $28,000. Laurel Wealth Advisors LLC acquired a new position in shares of Barrick Mining in the fourth quarter worth about $30,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of Barrick Mining during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Barrick Mining Company 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.