Barrick Mining Corporation (NYSE:B) Short Interest Update

Key Points

• Short interest fell 41.5% to 16.3 million shares as of September 15, representing 1.0% of shares outstanding and a days-to-cover ratio of 1.9.
• Barrick reported quarterly EPS of $0.82, slightly exceeding estimates, while revenue rose 43.8% year over year. The company also maintains a quarterly dividend of $0.175 per share, equivalent to a 1.7% yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $52.90, but risks include potential delays at the Reko Diq project, uncertainty around a proposed North American gold IPO, and pressure from higher interest rates.

Barrick Mining Corporation (NYSE:B - Get Free Report) TSE: ABX was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 16,279,526 shares, a decline of 41.5% from the August 31st total of 27,851,784 shares. Based on an average daily volume of 8,499,761 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.0% of the company's shares are sold short.

Barrick Mining News Roundup

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

• Positive Sentiment: Barrick is emphasizing strong cash flow, share repurchases and a new payout policy. The company returned approximately US$1.5 billion to shareholders in the second quarter while continuing to fund its gold and copper growth projects, which could support future shareholder returns. Can Barrick Mining's Cash Engine Unlock Greater Returns Ahead?
• Positive Sentiment: At Mining Forum Americas 2026, management highlighted progress and growth opportunities across Barrick’s North American and international operating regions, keeping attention on its longer-term production pipeline. Barrick to Present at Mining Forum Americas
• Neutral Sentiment: Barrick’s proposed North American gold IPO may be delayed. The timing uncertainty could postpone a potential source of value realization or capital, although the underlying assets remain part of the company’s portfolio. Barrick Flags Potential Delay for North American IPO
• Negative Sentiment: Barrick is reviewing plans for the Reko Diq copper-gold project in Pakistan and says security conditions must improve before full construction can begin. Any delay could defer production, increase development uncertainty and raise project costs. Barrick reviews Reko Diq plans, says security must improve before full construction
• Negative Sentiment: Broader interest-rate concerns pressured precious-metals equities and outweighed positive operational developments, reflecting investor caution toward mining stocks when higher rates reduce the appeal of commodities and increase financing pressures. Barrick Mining Sheds 4.2% as Rate Fears Trump Operational Wins

Institutional Trading of Barrick Mining

Several large investors have recently added to or reduced their stakes in B. Ascentis Independent Advisors acquired a new position in shares of Barrick Mining during the first quarter worth about $28,000. Motiv8 Investments LLC acquired a new stake in shares of Barrick Mining in the fourth quarter valued at about $31,000. Key Financial Inc raised its holdings in shares of Barrick Mining by 137.5% during the 1st quarter. Key Financial Inc now owns 753 shares of the gold and copper producer's stock valued at $31,000 after buying an additional 436 shares during the period. Continuum Advisory LLC purchased a new stake in shares of Barrick Mining during the 2nd quarter valued at about $32,000. Finally, Nomura Asset Management Co. Ltd. acquired a new position in Barrick Mining during the 4th quarter worth approximately $35,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Barrick Mining Trading Down 1.3%

B traded down $0.54 on Wednesday, reaching $40.70. 6,622,218 shares of the company's stock were exchanged, compared to its average volume of 8,133,826. Barrick Mining has a twelve month low of $30.35 and a twelve month high of $54.69. The company's 50 day moving average is $42.43 and its 200-day moving average is $40.89. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 3.01. The company has a market cap of $67.00 billion, a price-to-earnings ratio of 10.49, a PEG ratio of 1.21 and a beta of 0.51.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last announced its quarterly earnings results on Monday, August 10th. The gold and copper producer reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.01. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%. The firm had revenue of $4.19 billion for the quarter, compared to analysts' expectations of $5.10 billion. During the same period in the previous year, the company posted $0.47 earnings per share. Barrick Mining's revenue was up 43.8% compared to the same quarter last year. Equities analysts predict that Barrick Mining will post 3.48 earnings per share for the current year.

Barrick Mining Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a dividend of $0.1750 per share. The ex-dividend date was Monday, August 31st. This represents a $0.70 annualized dividend and a dividend yield of 1.7%. Barrick Mining's payout ratio is presently 18.04%.

Analysts Set New Price Targets

B has been the subject of several research analyst reports. TD set a $59.00 price target on shares of Barrick Mining and gave the stock a "buy" rating in a research report on Wednesday, September 16th. Royal Bank Of Canada lifted their price target on shares of Barrick Mining from $49.00 to $53.00 and gave the company an "outperform" rating in a report on Wednesday, September 16th. Citigroup boosted their price objective on shares of Barrick Mining from $41.00 to $45.00 and gave the company a "neutral" rating in a research note on Thursday, September 3rd. UBS Group dropped their price objective on Barrick Mining from $54.00 to $50.00 and set a "buy" rating for the company in a report on Tuesday, June 30th. Finally, Sanford C. Bernstein cut their target price on Barrick Mining from $61.00 to $56.50 and set an "outperform" rating on the stock in a research report on Wednesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $52.90.

Barrick Mining Company Profile

Barrick Mining Corporation, formerly known as Barrick Gold Corporation, is a global mining company focused primarily on the exploration, development and production of gold and copper. Its activities include operating mines, advancing development projects and managing mineral reserves across multiple jurisdictions.

The company's gold operations include Nevada Gold Mines in the United States, a joint venture in which Barrick is the operator, as well as mines and projects in Canada, the Dominican Republic, Mali, Côte d'Ivoire, Tanzania and the Democratic Republic of the Congo.

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