Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. decreased its position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 19.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 102,000 shares of the gold and copper producer’s stock after selling 24,100 shares during the period. Barrick Mining comprises about 8.0% of Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.’s portfolio, making the stock its 4th biggest holding. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.’s holdings in Barrick Mining were worth $3,737,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of B. Westside Investment Management Inc. bought a new stake in shares of Barrick Mining in the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Barrick Mining during the 4th quarter worth $26,000. Ascentis Independent Advisors bought a new position in shares of Barrick Mining during the 1st quarter worth $28,000. JPL Wealth Management LLC purchased a new stake in Barrick Mining in the 3rd quarter worth about $28,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Barrick Mining in the 4th quarter worth about $30,000. 90.82% of the stock is owned by institutional investors.
Key Headlines Impacting Barrick Mining
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: Barrick and Newmont resolved their longstanding Nevada Gold Mines dispute. The agreement includes a reported $1.95 billion cash payment to Barrick, contributions of previously excluded properties to the joint venture and Newmont’s consent to Barrick’s proposed North American gold-assets IPO. The deal could unlock value, improve asset focus and provide capital-allocation flexibility. Barrick and Newmont Reach Agreement Regarding Nevada Gold Mines Joint Venture
- Positive Sentiment: Management highlighted record second-quarter gold production, strong gold and copper prices, approximately $1.5 billion returned to shareholders and unchanged 2026 guidance. Barrick also declared a quarterly dividend of $0.175 per share, payable September 15 to shareholders of record August 31. Barrick Reports Second Quarter 2026 Results
- Positive Sentiment: TD lowered its price target from $61 to $59 but retained a “buy” rating, implying substantial potential upside based on the analyst’s valuation. BayStreet analyst rating
- Neutral Sentiment: Barrick appointed Sebastiaan Bock as CEO, Rest of World, giving him responsibility for gold and copper operations outside North America. The move supports the company’s planned portfolio separation but adds another leadership transition for investors to monitor. Barrick Appoints Sebastiaan Bock CEO, Rest of World
- Negative Sentiment: Although reported EPS of $0.82 narrowly exceeded the $0.81 consensus estimate, some adjusted comparisons showed a miss. Revenue of $4.19 billion was well below the $5.10 billion estimate, and rising gold-mining costs and updated capital-expenditure guidance weighed on the reaction. Barrick Mining Misses Q2 Earnings
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on Barrick Mining
Barrick Mining Stock Down 2.1%
Shares of NYSE B opened at $40.02 on Wednesday. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13. The company has a market cap of $65.87 billion, a P/E ratio of 10.31, a P/E/G ratio of 0.87 and a beta of 0.47. Barrick Mining Corporation has a 52 week low of $22.95 and a 52 week high of $54.69. The business has a 50-day simple moving average of $38.28 and a two-hundred day simple moving average of $41.91.
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 the consensus estimate of $0.81 by $0.01. Barrick Mining had a return on equity of 16.17% and a net margin of 31.60%.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 prior year, the business posted $0.47 earnings per share. The company’s revenue was up 43.8% on a year-over-year basis. Research analysts anticipate that Barrick Mining Corporation will post 3.57 earnings per share for the current fiscal year.
Barrick Mining Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Barrick Mining’s dividend payout ratio is 19.34%.
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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