Sumitomo Mitsui Financial Group Inc. Reduces Holdings in Barrick Mining Corporation $B

Sumitomo Mitsui Financial Group Inc. lowered its position in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 98.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,000 shares of the gold and copper producer’s stock after selling 59,943 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Barrick Mining were worth $33,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in B. Close Asset Management Ltd acquired a new position in Barrick Mining during the third quarter worth approximately $61,000. Choreo LLC purchased a new stake in Barrick Mining in the 3rd quarter valued at $641,000. Mesirow Financial Investment Management Inc. boosted its stake in Barrick Mining by 1.1% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 36,792 shares of the gold and copper producer’s stock worth $1,206,000 after purchasing an additional 410 shares during the period. AlphaCore Capital LLC grew its position in Barrick Mining by 474.7% during the 3rd quarter. AlphaCore Capital LLC now owns 18,821 shares of the gold and copper producer’s stock worth $617,000 after purchasing an additional 15,546 shares during the last quarter. Finally, Roberts Glore & Co. Inc. IL acquired a new position in Barrick Mining in the third quarter valued at $262,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Barrick Mining Trading Up 0.8%

Shares of B stock opened at $50.73 on Friday. The stock has a market cap of $84.99 billion, a P/E ratio of 17.31, a P/E/G ratio of 0.41 and a beta of 0.40. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. Barrick Mining Corporation has a fifty-two week low of $17.00 and a fifty-two week high of $54.69. The business has a fifty day simple moving average of $47.74 and a 200-day simple moving average of $38.46.

Barrick Mining (NYSE:B) (TSE:ABX) last issued its quarterly earnings data on Thursday, February 5th. The gold and copper producer reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. The firm had revenue of $5.98 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. Barrick Mining’s revenue was up 44.6% on a year-over-year basis. On average, analysts forecast that Barrick Mining Corporation will post 1.47 earnings per share for the current fiscal year.

Barrick Mining Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.42 per share. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.3%. Barrick Mining’s dividend payout ratio is 23.89%.

Wall Street Analyst Weigh In

B has been the subject of several recent research reports. TD Cowen reiterated a “buy” rating on shares of Barrick Mining in a research note on Wednesday, November 26th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $71.00 price objective on shares of Barrick Mining in a research report on Wednesday, February 4th. Cormark raised shares of Barrick Mining from a “hold” rating to a “moderate buy” rating in a report on Tuesday, November 11th. Canaccord Genuity Group cut their price target on shares of Barrick Mining to $77.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, BNP Paribas Exane upgraded Barrick Mining to a “neutral” rating and set a $50.00 target price on the stock in a research report on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barrick Mining currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.25.

Key Barrick Mining News

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

• Positive Sentiment: Unusually heavy call buying — Investors purchased ~279,555 call options in a single session (a ~606% jump versus average), signaling speculative and institutional bullish positioning that can drive near‑term upside through demand and gamma exposure.
• Positive Sentiment: Bullish analyst/market commentary — A recent Seeking Alpha piece highlights Barrick’s strong operating margins, record cash flows and outperformance vs. gold, framing the stock as attractively valued amid the gold bull market. Barrick Mining: How To Profit From Gold Without Owning A Single Ounce
• Positive Sentiment: Regulatory/disclosure filings published — Barrick released its 2025 Annual Report, Annual Information Form, Form 40‑F and NI 43‑101 technical reports for Pueblo Viejo and Kibali. Improved disclosure and updated technical reports reduce project/reserve uncertainty and support investor confidence. Barrick’s 2025 Annual Information Form and Other Documents Now Available
• Neutral Sentiment: Management moves announced — Barrick appointed new legal and global affairs chiefs; routine leadership changes can be neutral for stock unless tied to strategy shifts. Barrick names new legal, global affairs chiefs
• Neutral Sentiment: Long‑term performance writeups — Coverage showing strong multi‑year returns may boost investor interest but is backward‑looking and less likely to move price materially on its own. Here’s How Much You Would Have Made Owning Barrick Mining Stock In The Last 10 Years
• Negative Sentiment: CIBC trimmed its price target from US$71 to US$67 while maintaining an Outperform rating — this is a modest cut that signals slightly lower upside expectations from that shop and could cap enthusiasm if other shops follow. CIBC Cuts Barrick Mining’s Price Target to US$67.00 from US$71.00

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.