Ashton Thomas Private Wealth LLC Sells 150,611 Shares of Barrick Mining Corporation $B

Key Points

• Ashton Thomas Private Wealth sold 150,611 shares of Barrick, cutting its stake by 89.1% to 18,454 shares worth about $804,000 at quarter-end.
• Barrick is targeting a year‑end IPO for its North America unit that could be valued above $60 billion with a New York listing—viewed as a potential value‑unlock catalyst but carrying timing, sizing and dilution risks.
• Barrick beat quarterly estimates (EPS $1.04 vs. $0.85; revenue up 44.6%), and raised its quarterly dividend to $0.42 ($1.68 annualized, ~4.3% yield), while analysts maintain an overall “Moderate Buy” consensus with a $54.17 average price target.

Ashton Thomas Private Wealth LLC reduced its stake in shares of Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX by 89.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,454 shares of the gold and copper producer's stock after selling 150,611 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Barrick Mining were worth $804,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. 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 worth $25,000 after purchasing an additional 521 shares during the last quarter. Westside Investment Management Inc. acquired a new position in shares of Barrick Mining during the 4th quarter worth about $25,000. Arlington Trust Co LLC acquired a new position in shares of Barrick Mining during the 3rd quarter worth about $26,000. JPL Wealth Management LLC acquired a new position in shares of Barrick Mining during the 3rd quarter worth about $28,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in shares of Barrick Mining during the 3rd quarter worth about $31,000. 90.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on B. Scotiabank boosted their price objective on Barrick Mining from $43.00 to $63.00 and gave the stock an "outperform" rating in a research report on Monday, January 26th. Weiss Ratings reissued a "buy (b)" rating on shares of Barrick Mining in a research report on Friday, March 27th. DZ Bank raised Barrick Mining to a "strong-buy" rating in a research report on Monday, January 19th. Canaccord Genuity Group cut their price objective on Barrick Mining to $77.00 and set a "buy" rating for the company in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised Barrick Mining from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $54.17.

Barrick Mining News Summary

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

• Positive Sentiment: Barrick is targeting a year‑end IPO for a new North America unit that could be valued above $60 billion, plans a New York listing and will retain a majority stake — a move investors view as a catalyst to unlock value while keeping strategic control. Barrick Targets Year-End IPO For North America Unit Valued Above $60 Billion
• Positive Sentiment: Bloomberg reports Barrick chose New York for the North American spinoff, signaling the company is aiming to attract U.S. investors and broaden liquidity for the new vehicle — a potential long‑term positive for valuation and multiple expansion. Barrick Picks New York for North American Spinoff This Year
• Positive Sentiment: Wall Street coverage and industry commentary are favorable — several outlets list Barrick among top precious‑metals stocks and praise its corporate model, supporting investor confidence in management execution. Is Barrick (B) the Best Precious Metal Stock to Buy According to Wall Street Analysts?
• Positive Sentiment: Coverage cites Barrick as a model for mining investment and highlights recent executive appointments and governance moves that could improve operational oversight and investor relations. Barrick cited as model for mining investment
• Neutral Sentiment: Press roundups and industry notes (e.g., Mining People) cover personnel moves and sector activity — informative for governance/watchlist purposes but not immediately market moving on their own. Mining People: Barrick Mining, First Atlantic Nickel and Cobalt, Sandvik, Canadian Gold Resources
• Neutral Sentiment: Analyst/opinion pieces weigh the pros and cons of buying ahead of the IPO — they underline opportunity from a potential re‑rating but also caution on near‑term uncertainty and execution risk. Ahead of an IPO for Its Gold Business, Should You Buy, Sell, or Hold Barrick Mining Stock?
• Negative Sentiment: Risks remain: the IPO timetable and structure (minority stake sale, Barrick keeping majority) introduce near‑term uncertainty and could cap immediate cash proceeds or float benefits — investors should watch disclosure, sizing and timing for dilution or valuation surprises. Barrick Targets Year-End IPO For North America Unit Valued Above $60 Billion

Barrick Mining Trading Up 2.4%

Shares of B opened at $39.36 on Friday. Barrick Mining Corporation has a 12-month low of $17.41 and a 12-month high of $54.69. The company has a quick ratio of 2.33, a current ratio of 2.92 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $65.95 billion, a price-to-earnings ratio of 13.43, a P/E/G ratio of 1.41 and a beta of 0.50. The stock's 50-day moving average price is $42.85 and its 200 day moving average price is $42.30.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last issued its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The firm had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining's quarterly revenue was up 44.6% compared to the same quarter last year. As a group, research analysts predict that Barrick Mining Corporation will post 3.55 earnings per share for the current year.

Barrick Mining Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were paid a $0.42 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.68 annualized dividend and a dividend yield of 4.3%. This is an increase from Barrick Mining's previous quarterly dividend of $0.18. Barrick Mining's dividend payout ratio is currently 57.34%.

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.

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