Barrick Mining (NYSE:B) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Barrick Mining Corporation (NYSE:B - Get Free Report) TSE: ABX's share price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $41.95 and traded as high as $42.86. Barrick Mining shares last traded at $42.3750, with a volume of 12,710,860 shares changing hands.

Key Barrick Mining News

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

• Positive Sentiment: Adjusted earnings per share rose 41% to $0.82, above the $0.79–$0.74 consensus estimates cited in reports. Revenue climbed 22% year over year to $5.07 billion, largely reflecting a higher realized gold price. Barrick lifts adjusted earnings 41% as revenue reaches $5.1 billion
• Positive Sentiment: Gold production increased 6% year over year to 816,000 ounces, and Barrick maintained its 2026 gold and copper production forecasts. The company also highlighted strong operating performance at several mines. Barrick Reports Third Quarter 2026 Results
• Positive Sentiment: Barrick declared a quarterly dividend of $0.175 per share and pointed to ongoing share buybacks and a strong net-cash position, reinforcing its shareholder-return story. Barrick Declares Q3 Dividend
• Neutral Sentiment: The planned Nevada Gold Mines IPO remains targeted for late 2026 or early 2027, though its eventual value and timing remain future catalysts rather than immediate earnings drivers. Barrick Mining Moves on Earnings
• Negative Sentiment: All-in sustaining costs rose to $1,911 per ounce amid fuel and other input-cost pressures, while revenue came in slightly below one reported analyst consensus—risks to margins if metal prices weaken. Barrick Mining Stocks Rise as Q3 Adjusted Earnings Jump
• Negative Sentiment: A key study for the Fourmile gold deposit faces uncertain timing and potential delays, which could push back development decisions. Fourmile study faces uncertain timing

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. TD set a $59.00 target price on shares of Barrick Mining and gave the stock a "buy" rating in a report on Wednesday, September 16th. Weiss Ratings raised shares of Barrick Mining from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Sanford C. Bernstein cut their target price on shares of Barrick Mining from $61.00 to $56.50 and set an "outperform" rating for the company in a research note on Wednesday, September 9th. Scotiabank reduced their price target on shares of Barrick Mining from $57.00 to $55.00 and set an "outperform" rating on the stock in a report on Wednesday, August 12th. Finally, Bank of America decreased their price target on shares of Barrick Mining from $56.00 to $54.00 and set a "buy" rating on the stock in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, Barrick Mining has an average rating of "Moderate Buy" and an average price target of $52.59.

Barrick Mining Trading Up 4.5%

The company has a 50-day moving average of $41.25 and a 200 day moving average of $41.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.01 and a quick ratio of 2.36. The company has a market cap of $69.01 billion, a PE ratio of 10.92, a price-to-earnings-growth ratio of 1.25 and a beta of 0.52.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last issued its quarterly earnings data on Monday, November 9th. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.08. The business had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $5.10 billion. Barrick Mining had a return on equity of 16.02% and a net margin of 31.60%. The company's quarterly revenue was up 22.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 earnings per share. Analysts predict that Barrick Mining Corporation will post 3.49 earnings per share for the current year.

Barrick Mining Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.1750 per share. This represents a $0.70 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, November 30th. Barrick Mining's payout ratio is presently 18.04%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of Barrick Mining by 10.9% in the 1st quarter. Royal Bank of Canada now owns 39,598,520 shares of the gold and copper producer's stock worth $1,615,225,000 after acquiring an additional 3,881,841 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Barrick Mining by 1.2% in the first quarter. The Manufacturers Life Insurance Company now owns 14,992,792 shares of the gold and copper producer's stock worth $612,067,000 after purchasing an additional 175,342 shares during the last quarter. Ninety One UK Ltd lifted its stake in Barrick Mining by 13.1% in the third quarter. Ninety One UK Ltd now owns 14,143,606 shares of the gold and copper producer's stock worth $575,220,000 after purchasing an additional 1,640,224 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of Barrick Mining by 4.4% during the third quarter. TD Waterhouse Canada Inc. now owns 7,400,867 shares of the gold and copper producer's stock valued at $296,300,000 after buying an additional 313,297 shares during the period. Finally, Swiss National Bank boosted its position in shares of Barrick Mining by 25.9% during the first quarter. Swiss National Bank now owns 5,680,129 shares of the gold and copper producer's stock valued at $231,788,000 after buying an additional 1,167,000 shares during the period. Institutional investors own 90.82% of the company's stock.

About Barrick Mining

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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