Banco Santander S.A. Has $2.68 Million Stake in Barrick Mining Corporation $B

Banco Santander S.A. lowered its position in shares of Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX) by 19.4% during the third quarter, HoldingsChannel.com reports. The fund owned 81,623 shares of the gold and copper producer’s stock after selling 19,655 shares during the quarter. Banco Santander S.A.’s holdings in Barrick Mining were worth $2,675,000 at the end of the most recent quarter.

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

Barrick Mining Stock Up 0.8%

Shares of NYSE B opened at $50.73 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 2.33. The company has a 50-day moving average price of $47.74 and a 200-day moving average price of $38.57. The stock has a market capitalization of $84.99 billion, a P/E ratio of 17.31, a P/E/G ratio of 0.42 and a beta of 0.40. Barrick Mining Corporation has a 1 year low of $17.00 and a 1 year high of $54.69.

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) last announced its quarterly earnings results 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. The business 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%. The company’s revenue was up 44.6% on a year-over-year basis. On average, equities research analysts forecast that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on B shares. Jefferies Financial Group reiterated a “buy” rating and set a $55.00 target price on shares of Barrick Mining in a research report on Sunday, December 7th. ATB Cormark Capital Markets upgraded shares of Barrick Mining to a “moderate buy” rating in a report on Monday, February 9th. Scotiabank increased their price objective on shares of Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. DZ Bank upgraded Barrick Mining to a “strong-buy” rating in a research note on Monday, January 19th. Finally, Cormark raised Barrick Mining from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $55.25.

Get Our Latest Stock Analysis on B

Key Headlines Impacting Barrick Mining

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 Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding B? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrick Mining Corporation (NYSE:BFree Report) (TSE:ABX).

Institutional Ownership by Quarter for Barrick Mining (NYSE:B)

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