U S Global Investors Inc. Decreases Stock Holdings in Barrick Mining Corporation $B

U S Global Investors Inc. lowered its stake in shares of Barrick Mining Corporation (NYSE:B) (TSE:ABX) by 54.6% during the first quarter, Holdings Channel reports. The institutional investor owned 142,865 shares of the gold and copper producer’s stock after selling 172,135 shares during the period. U S Global Investors Inc.’s holdings in Barrick Mining were worth $5,827,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Financial Consulate Inc. lifted its position in shares of Barrick Mining by 1,042.0% during the 4th quarter. Financial Consulate Inc. now owns 571 shares of the gold and copper producer’s stock valued at $25,000 after acquiring an additional 521 shares during the period. Westside Investment Management Inc. acquired a new stake in shares of Barrick Mining in the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Barrick Mining in the 4th quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new position in Barrick Mining in the 1st quarter valued at approximately $28,000. Finally, JPL Wealth Management LLC acquired a new position in Barrick Mining during the third quarter worth $28,000. 90.82% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Barrick Mining

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

• Positive Sentiment: Barrick is set to provide a fresh earnings update on August 10, which could offer clarity on margins, cash flow, and management outlook ahead of the report. Barrick to Report Second Quarter 2026 Results on August 10
• Neutral Sentiment: Recent commentary noted that Barrick remains supported by its gold and copper exposure, but the stock has also been reacting to weaker gold prices and broader precious-metals volatility. Barrick Mining (TSX:ABX) Following Gold Weakness Is The Bull Case Still Cheap
• Neutral Sentiment: Bank of America reportedly lowered its price target on Barrick to $56 from $58 but kept a buy rating, suggesting analysts still see meaningful upside despite near-term weakness. Barrick price target lowered by Bank of America
• Negative Sentiment: Barrick shares have been pressured recently as softer gold prices weighed on the broader mining sector, reinforcing concern that commodity weakness could limit near-term stock performance. Barrick Mining (TSX:ABX) Following Gold Weakness Is The Bull Case Still Cheap

Analyst Upgrades and Downgrades

A number of analysts have commented on B shares. Canadian Imperial Bank of Commerce decreased their target price on Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a research report on Tuesday, April 21st. Bank of America dropped 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. UBS Group cut their price target on Barrick Mining from $54.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Barclays started coverage on shares of Barrick Mining in a research report on Thursday, May 21st. They issued an “equal weight” rating and a $41.00 price objective on the stock. Finally, Royal Bank Of Canada lowered their price objective on shares of Barrick Mining from $51.00 to $49.00 and set an “outperform” rating on the stock in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $54.46.

Barrick Mining Price Performance

Shares of Barrick Mining stock traded down $0.20 during trading on Friday, hitting $36.63. 4,633,053 shares of the company were exchanged, compared to its average volume of 9,475,170. Barrick Mining Corporation has a fifty-two week low of $20.52 and a fifty-two week high of $54.69. 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 firm has a 50 day moving average price of $40.16 and a 200 day moving average price of $43.36. The stock has a market capitalization of $60.93 billion, a price-to-earnings ratio of 10.12, a P/E/G ratio of 0.79 and a beta of 0.48.

Barrick Mining (NYSE:B) (TSE:ABX) last announced its earnings results on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. The firm had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.The business’s revenue for the quarter was up 66.7% on a year-over-year basis. On average, equities analysts expect that Barrick Mining Corporation will post 3.67 earnings per share for the current fiscal year.

Barrick Mining Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, May 29th. Barrick Mining’s dividend payout ratio is currently 19.34%.

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.