210,725 Shares in Barrick Mining Corporation $B Purchased by JCIC Asset Management Inc.

Key Points

• JCIC Asset Management purchased a new position of 210,725 shares (~$9.18M) in Barrick, making it JCIC’s 10th largest holding (≈2.8% of its portfolio), while institutional investors own about 90.82% of the company.
• Barrick beat Q4 expectations with EPS $1.04 vs $0.85 and revenue $5.98B (up 44.6% y/y) and raised its quarterly dividend to $0.42 (annualized $1.68, ~4.0% yield).
• The company is pursuing a strategic reset—including M&A in lower‑risk jurisdictions and a possible North America spin‑off—but faces near‑term headwinds such as a 17% drop in gold output, a slowdown at the Reko Diq project and governance scrutiny over >US$20M severance; analysts' consensus remains a “Moderate Buy” with a $54.83 target.

JCIC Asset Management Inc. purchased a new position in shares of Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 210,725 shares of the gold and copper producer's stock, valued at approximately $9,180,000. Barrick Mining makes up approximately 2.8% of JCIC Asset Management Inc.'s holdings, making the stock its 10th largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Linden Thomas Advisory Services LLC lifted its position in Barrick Mining by 4.2% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 8,300 shares of the gold and copper producer's stock worth $361,000 after buying an additional 332 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its position in Barrick Mining by 19.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,260 shares of the gold and copper producer's stock worth $74,000 after buying an additional 373 shares in the last quarter. Quilter Plc lifted its position in Barrick Mining by 3.6% during the 4th quarter. Quilter Plc now owns 10,670 shares of the gold and copper producer's stock worth $465,000 after buying an additional 375 shares in the last quarter. Capital Investment Advisory Services LLC lifted its position in Barrick Mining by 5.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 7,411 shares of the gold and copper producer's stock worth $323,000 after buying an additional 376 shares in the last quarter. Finally, Pullen Investment Management LLC lifted its position in Barrick Mining by 0.5% during the 4th quarter. Pullen Investment Management LLC now owns 84,911 shares of the gold and copper producer's stock worth $3,698,000 after buying an additional 389 shares in the last quarter. Institutional investors and hedge funds own 90.82% of the company's stock.

Barrick Mining Stock Performance

Shares of NYSE:B opened at $42.47 on Friday. The stock has a market capitalization of $71.15 billion, a P/E ratio of 14.49, a P/E/G ratio of 1.53 and a beta of 0.50. Barrick Mining Corporation has a 1-year low of $17.41 and a 1-year high of $54.69. The company has a current ratio of 2.92, a quick ratio of 2.33 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $44.46 and a two-hundred day moving average price of $41.50.

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

Barrick Mining Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were paid a $0.42 dividend. This is a boost from Barrick Mining's previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.0%. Barrick Mining's dividend payout ratio (DPR) is currently 57.34%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on B shares. Zacks Research downgraded shares of Barrick Mining from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 13th. UBS Group reduced their price target on shares of Barrick Mining from $55.00 to $50.00 and set a "buy" rating on the stock in a research report on Friday, March 27th. Canadian Imperial Bank of Commerce reissued an "outperform" rating and set a $71.00 price objective on shares of Barrick Mining in a report on Wednesday, February 4th. Scotiabank boosted their price objective on Barrick Mining from $43.00 to $63.00 and gave the stock an "outperform" rating in a report on Monday, January 26th. Finally, Citigroup boosted their price objective on Barrick Mining from $38.00 to $48.00 and gave the stock a "neutral" rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Barrick Mining presently has an average rating of "Moderate Buy" and a consensus price target of $54.83.

Key Stories Impacting Barrick Mining

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

• Positive Sentiment: Barrick is refocusing on acquisitions in lower‑risk jurisdictions and signaling a deal push as part of a strategic reset — this reduces political/geopolitical exposure and could accelerate growth through bolt‑on M&A. Barrick shifts focus to M&A in less risky jurisdictions
• Positive Sentiment: Analyst coverage includes at least one recent Outperform/positive note highlighting Barrick’s exposure to a global gold expansion — this provides a buy-side catalyst if execution on deals and spin‑offs is convincing. Barrick Mining Corp (B): Outperform Rating Amid Global Gold Expansion
• Positive Sentiment: Ontario courts dismissed an appeal over human‑rights claims tied to the North Mara mine, removing a legal/overhang risk that had been a reputational and litigation uncertainty. Barrick Welcomes Ontario Court of Appeal’s Dismissal
• Neutral Sentiment: Barrick filed its 2026 information circular and will hold a virtual annual meeting — routine corporate housekeeping that outlines governance and strategic proposals but is not an immediate operational catalyst. Barrick Files 2026 Information Circular Ahead of Annual Meeting
• Neutral Sentiment: Management is targeting a North America spin‑off / IPO for key assets — this could unlock value if market conditions and execution are favorable, but remains execution‑dependent. Barrick Plans North America Spin-Off As Output Falls
• Negative Sentiment: Barrick reported a 17% drop in gold output (to ~3.26M oz) and has slowed work at the Reko Diq copper/gold project after security incidents — this raises near‑term production risk, potential cost overruns and delays to growth. Barrick Mining Reko Diq Slowdown Puts Growth Plans And Valuation In Focus
• Negative Sentiment: Former CEO Mark Bristow received more than US$20M in severance — a governance/cost item that may draw investor scrutiny on executive pay. Former Barrick CEO Mark Bristow paid more than US$20-million in severance
• Negative Sentiment: ATB Cormark downgraded Barrick from "moderate buy" to "hold," signaling some analyst caution that could weigh on sentiment until execution on strategic moves is clearer. Analyst Downgrade Reference

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.

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:B - Free Report) TSE: ABX.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.