Barrick Mining (NYSE:B) Upgraded by Wall Street Zen to Strong-Buy Rating

Wall Street Zen upgraded shares of Barrick Mining (NYSE:B) (TSE:ABX) from a buy rating to a strong-buy rating in a research report report published on Saturday.

Several other equities analysts have also issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Barrick Mining in a report on Monday, December 29th. Jefferies Financial Group reissued a “buy” rating and issued a $55.00 price objective on shares of Barrick Mining in a research note on Sunday, December 7th. JPMorgan Chase & Co. started coverage on Barrick Mining in a research report on Thursday, January 29th. They set an “overweight” rating and a $68.00 target price on the stock. Royal Bank Of Canada raised their target price on Barrick Mining from $38.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Finally, DZ Bank raised Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barrick Mining currently has a consensus rating of “Buy” and an average price target of $52.75.

Barrick Mining Trading Up 2.9%

Shares of B stock opened at $45.23 on Friday. The stock has a market cap of $75.78 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 0.37 and a beta of 0.40. The stock has a 50-day moving average of $45.92 and a 200-day moving average of $35.82. The company has a current ratio of 2.94, a quick ratio of 2.33 and a debt-to-equity ratio of 0.14. Barrick Mining has a 1-year low of $16.92 and a 1-year high of $54.69.

Barrick Mining (NYSE:B) (TSE:ABX) last posted its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.19. The company had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a return on equity of 12.31% and a net margin of 29.45%.The firm’s quarterly revenue was up 44.6% on a year-over-year basis. On average, equities research analysts forecast that Barrick Mining will post 1.47 earnings per share for the current year.

Barrick Mining Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.42 per share. This is a boost from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date is Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. Barrick Mining’s dividend payout ratio (DPR) is presently 57.34%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in B. Truist Financial Corp acquired a new stake in shares of Barrick Mining in the 2nd quarter worth about $926,000. US Bancorp DE purchased a new stake in shares of Barrick Mining in the second quarter worth approximately $620,000. Blair William & Co. IL bought a new position in shares of Barrick Mining in the second quarter valued at approximately $2,265,000. IFP Advisors Inc purchased a new position in shares of Barrick Mining during the second quarter valued at approximately $144,000. Finally, Blue Trust Inc. bought a new stake in Barrick Mining during the second quarter worth $849,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Key Barrick Mining News

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

• Positive Sentiment: Q4 results materially beat expectations — adjusted EPS $1.04 vs. consensus $0.85 and revenue $5.98B (well above estimates), with strong realized gold prices and record cash flow that underpin earnings and the new dividend policy. Article Title
• Positive Sentiment: Dividend hiked 140% to $0.42/share and Barrick introduced a cash‑flow‑linked dividend policy (Q4 dividend payable March 16; ex‑div Feb 27), a move that increases yield and signals confidence in free cash generation. Article Title
• Positive Sentiment: Analyst upgrades and higher price targets — CIBC raised its PT to $71 (from $50) after revising gold forecasts; Canaccord issued a buy — these endorsements help drive demand for the stock. Article Title
• Neutral Sentiment: Barrick announced plans to pursue an IPO/spin‑off of its North American gold assets — a potential value‑unlocking corporate action but one that carries execution, timing and market‑reception risk. Article Title
• Neutral Sentiment: Board and leadership changes: Mark Hill elevated to President & CEO and added to the board to lead the North America IPO process; a new director was appointed — stability for the planned transaction but watch governance and transition execution. Article Title
• Negative Sentiment: Investor selling by a notable fund manager (Azvalor) was reported, which can create short‑term pressure; highlighted as a -3.38% portfolio impact in coverage. Article Title

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.