In today’s recent session, 2.22 million shares of the Barrick Mining Corp (NYSE:B) have been traded, and its beta is 0.25. Most recently the company’s share price was $18.96, and it changed around $0.06 or 0.32% from the last close, which brings the market valuation of the company to $32.60B. B at last check was trading at a discount to its 52-week high of $21.35, offering almost -12.61% off that amount. The share price’s 52-week low was $15.11, which indicates that the recent value has risen by an impressive 20.31% since then. We note from Barrick Mining Corp’s average daily trading volume that its 10-day average is 15.62 million shares, with the 3-month average coming to 22.71 million.
Barrick Mining Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.85. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 8 recommended B as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. Barrick Mining Corp is expected to report earnings per share of 0.43 for the current quarter.
Barrick Mining Corp (NYSE:B) trade information
Instantly B has been showing a green trend so far today with a performance of 0.32% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 19.14 on recent trading dayincreased the stock’s daily price by 0.94%. The company’s shares are currently up 22.32% year-to-date, but still up 1.55% over the last five days. On the other hand, Barrick Mining Corp (NYSE:B) is -1.76% down in the 30-day period. We can see from the shorts that 14.64 million shares have been sold at a short interest cover period of 0.74 day(s).
The consensus price target as assigned by Wall Street analysts is $47.5, which translates to bulls needing to increase their stock price by 60.08% from its current value. Analyst projections state that B is forecast to be at a low of $47.5 and a high of $48.
Barrick Mining Corp (B) estimates and forecasts
The year-over-year growth rate is expected to be 12.99%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 3.6B in revenue for the current quarter. 5 analysts expect Barrick Mining Corp to make 4.02B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.16B and 3.37B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 13.84%. Forecasts for the next quarter put sales growth at 19.45%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.52%. Barrick Mining Corp earnings are expected to increase by 43.82% in 2025, but the outlook is positive 19.92% per year for the next five years.
B Dividends
Barrick Mining Corp’s next quarterly earnings report is expected to be released on 2025-May-06. The annual dividend yield of the stock is 2.11 percent and its annual dividend per share was 0.40. It is important to note, however, that the 2.11% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.28 per year.
Barrick Mining Corp (NYSE:B)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.78% of Barrick Mining Corp shares, and 61.87% of them are in the hands of institutional investors. The stock currently has a share float of 62.36%. Barrick Mining Corp stock is held by 1154.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.725% of the shares, which is about 7.55 million shares worth $312.82 million.
VANGUARD GROUP INC, with 10.9272% or 5.61 million shares worth $232.14 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VanEck ETF Trust-VanEck Gold Miners ETF and First Eagle Funds-First Eagle Global Fund were the top two Mutual Funds as of Apr 30, 2025 . The former held 51.82 shares worth $983.25 million, making up 3.01% of all outstanding shares. On the other hand, First Eagle Funds-First Eagle Global Fund held roughly 25.08 shares worth around $475.94 million, which represents about 1.46% of the total shares outstanding.
