Klein Pavlis & Peasley Financial Inc. Takes Position in Barrick Mining Corporation $B
by Teresa Graham · The Cerbat GemKlein Pavlis & Peasley Financial Inc. purchased a new position in shares of Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 56,053 shares of the gold and copper producer’s stock, valued at approximately $2,441,000. Barrick Mining comprises approximately 1.4% of Klein Pavlis & Peasley Financial Inc.’s holdings, making the stock its 22nd biggest position.
Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors raised its position in Barrick Mining by 35.9% during the third quarter. Capital International Investors now owns 101,846,588 shares of the gold and copper producer’s stock worth $3,340,709,000 after acquiring an additional 26,921,219 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Barrick Mining by 1.1% in the third quarter. Vanguard Group Inc. now owns 70,878,168 shares of the gold and copper producer’s stock valued at $2,327,991,000 after purchasing an additional 767,544 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Barrick Mining during the 2nd quarter worth approximately $1,091,122,000. TD Asset Management Inc increased its stake in shares of Barrick Mining by 3.8% during the 3rd quarter. TD Asset Management Inc now owns 19,309,335 shares of the gold and copper producer’s stock worth $634,346,000 after purchasing an additional 715,151 shares in the last quarter. Finally, CIBC Asset Management Inc raised its position in shares of Barrick Mining by 316.0% during the 3rd quarter. CIBC Asset Management Inc now owns 18,287,558 shares of the gold and copper producer’s stock worth $601,115,000 after purchasing an additional 13,891,886 shares during the last quarter. 90.82% of the stock is currently owned by hedge funds and other institutional investors.
More Barrick Mining News
Here are the key news stories impacting Barrick Mining this week:
- Positive Sentiment: UBS kept a Buy rating on Barrick while lowering its price target from $55 to $50, signaling continued analyst conviction and implying meaningful upside from current levels. Benzinga
- Neutral Sentiment: Macro/sector analysis pieces note that gold stocks have sharply retraced after prior rallies and debate when miners will recover — useful context for sentiment but not Barrick-specific action. Where Have All The Gold Stocks Gone?
- Neutral Sentiment: Broader mining coverage (e.g., SSRM outlook, MarketBeat stock idea lists) highlights sector dynamics—production ramps, cost trajectories, and macro flow into/out of miners—which can affect investor positioning in Barrick but are company-agnostic. SSRM Stock Outlook for 2026
- Negative Sentiment: Barrick has slowed/delayed work at the Reko Diq copper-gold project in Pakistan, citing rising regional security risks tied to Middle East tensions; this directly risks near‑term capex timing and longer-term production/cash‑flow from a multi‑billion dollar asset. Multiple outlets report the pause, including the FT and Bloomberg. FT: Barrick delays Reko Diq Bloomberg
- Negative Sentiment: Gold & mining stocks have been pressured by renewed geopolitical risk (Iran/Middle East conflict) and weaker gold price momentum, which tends to compress miner multiples and can offset company-level positive news. Why the Gold Rush Is Over
Barrick Mining Stock Up 2.9%
B stock opened at $38.55 on Friday. The company has a 50 day moving average price of $46.15 and a two-hundred day moving average price of $40.85. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The stock has a market capitalization of $64.59 billion, a P/E ratio of 13.16, a PEG ratio of 1.28 and a beta of 0.41. Barrick Mining Corporation has a one year low of $17.00 and a one year high of $54.69.
Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last issued its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.19. The company had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The company’s quarterly revenue was up 44.6% on a year-over-year basis. As a group, sell-side analysts expect that Barrick Mining Corporation will post 1.47 EPS for the current year.
Barrick Mining Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Barrick Mining’s previous quarterly dividend of $0.18. Barrick Mining’s dividend payout ratio is 57.34%.
Wall Street Analysts Forecast Growth
B has been the topic of a number of recent research reports. Wall Street Zen raised Barrick Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Scotiabank boosted their price target on Barrick Mining from $43.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. UBS Group reduced their price objective on Barrick Mining from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday. Canaccord Genuity Group decreased their price objective on Barrick Mining to $77.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Finally, Zacks Research cut Barrick Mining from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $54.83.
Read Our Latest Research Report on Barrick Mining
Barrick Mining Profile
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.