Barrick Mining (NYSE:B) Stock Price Down 4.9% - Should You Sell?

Key Points

• Shares fell 4.9% intraday to about $42.31 on Friday, but analysts maintain a “Moderate Buy” consensus with an average price target of $55.25 and several recent upgrades (Scotiabank $63 target).
• Barrick beat Q4 estimates with EPS $1.04 vs. $0.85 and revenue $5.98B vs. $5.15B (revenue +44.6% YoY), and the company raised its quarterly dividend to $0.42 (annualized $1.68, ~4.0% yield).
• The company shows a solid financial profile—market cap ~$70.9B, P/E ~14.4, low debt-to-equity (0.13), healthy liquidity ratios—and institutional ownership is high at ~90.8%.

Barrick Mining Corporation (NYSE:B - Get Free Report) TSE: ABX's share price traded down 4.9% during mid-day trading on Friday . The stock traded as low as $42.08 and last traded at $42.3060. 14,313,717 shares were traded during trading, a decline of 10% from the average session volume of 15,840,269 shares. The stock had previously closed at $44.49.

Analysts Set New Price Targets

Several equities analysts recently commented on B shares. Weiss Ratings reissued a "buy (b)" rating on shares of Barrick Mining in a research note on Monday, December 29th. Scotiabank boosted their target price on shares of Barrick Mining from $43.00 to $63.00 and gave the stock an "outperform" rating in a research note on Monday, January 26th. BNP Paribas Exane upgraded shares of Barrick Mining to a "neutral" rating and set a $50.00 price target for the company in a report on Friday, December 5th. Citigroup increased their price target on Barrick Mining from $38.00 to $48.00 and gave the company a "neutral" rating in a research note on Monday, February 9th. Finally, DZ Bank raised Barrick Mining to a "strong-buy" rating in a report on Monday, January 19th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $55.25.

Barrick Mining Trading Down 4.9%

The business's fifty day moving average is $47.99 and its 200-day moving average is $39.83. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The firm has a market cap of $70.88 billion, a P/E ratio of 14.44, a price-to-earnings-growth ratio of 1.42 and a beta of 0.41.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last posted its earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. The firm had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a net margin of 29.45% and a return on equity of 12.10%. The firm's revenue was up 44.6% compared to the same quarter last year. Analysts predict that Barrick Mining Corporation will post 1.47 EPS for the current year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued a $0.42 dividend. The ex-dividend date is Friday, February 27th. This is a positive change from Barrick Mining's previous quarterly dividend of $0.18. This represents a $1.68 dividend on an annualized basis and a yield of 4.0%. Barrick Mining's dividend payout ratio (DPR) is currently 57.34%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new position in shares of Barrick Mining during the second quarter worth about $33,811,000. Savant Capital LLC bought a new stake in Barrick Mining in the second quarter valued at approximately $490,000. Vestmark Advisory Solutions Inc. acquired a new stake in Barrick Mining during the 2nd quarter valued at approximately $256,000. Wedbush Securities Inc. acquired a new stake in Barrick Mining during the 2nd quarter valued at approximately $267,000. Finally, Penserra Capital Management LLC bought a new position in Barrick Mining during the 2nd quarter worth approximately $68,000. 90.82% of the stock is owned by institutional investors and hedge funds.

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.

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