Barrick Mining (B) News Today

Barrick Mining Corporation (B) shares are trading higher after a wave of analyst updates and continued strength in the gold market. The main drivers: a meaningful rating/price-target upgrade from Scotiabank and multi-year earnings upgrades from Stifel that suggest stronger longer‑term earnings power, partially offset by a trimmed near‑term Q3 forecast and operational uncertainty around the Mali asset. Below are the items likely moving the stock today.

• Positive Sentiment: Scotiabank upgraded Barrick from "Sector Perform" to "Sector Outperform" and raised its price target to $43 (up from $27.50), signaling ~35% upside vs. the recent share level; this upgrade is a near-term catalyst for buying interest. Article
• Positive Sentiment: Stifel revised multi‑year earnings expectations materially higher (FY2025/FY2026/FY2027 EPS lifts noted), implying stronger longer‑term cash flow and supporting a higher valuation for the stock. Article
• Positive Sentiment: Broader gold market momentum remains a tailwind: analysts and strategists continue to highlight strong institutional/central‑bank buying and a structural bid for gold, which tends to lift large diversified miners like Barrick (operational and price leverage to bullion).
• Neutral Sentiment: Barrick’s Mali mine has reportedly resumed production under state control — production recovery is positive for supply, but state control raises longer‑term governance and offtake uncertainty that investors will watch. Article
• Negative Sentiment: Stifel trimmed its Q3 2025 EPS forecast (from $0.63 to $0.55), a near‑term earnings downgrade that could cap momentum if subsequent quarterly results follow the revision. Article

Bottom line for investors: the Scotiabank upgrade and multi‑year estimate lifts are the primary bullish catalysts pushing the stock higher today, while a Q3 downgrade and geopolitical/operational nuances in Mali are watch‑items that could introduce near‑term volatility. Monitor upcoming quarterly detail and comments on Mali operations for confirmation of the upbeat medium‑term thesis.