Growing Through Challenges? – Barrick Mining Corp (B)

Currently, there are 1.72B common shares owned by the public and among those 1.72B shares have been available to trade.

The company’s stock has a 5-day price change of -2.20% and 4.53% over the past three months. B shares are trading 17.61% year to date (YTD), with the 12-month market performance up to 9.03% higher. It has a 12-month low price of $15.11 and touched a high of $21.35 over the same period. B has an average intraday trading volume of 25.39 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.87%, -4.30%, and -1.08% respectively.

Institutional ownership of Barrick Mining Corp (NYSE: B) shares accounts for 63.35% of the company’s 1.72B shares outstanding.

It has a market capitalization of $31.35B and a beta (3y monthly) value of 0.26. The stock’s trailing 12-month PE ratio is 13.69, while the earnings-per-share (ttm) stands at $1.33. The company has a PEG of 0.69 and a Quick Ratio of 2.16 with the debt-to-equity ratio at 0.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.34% over the week and 2.94% over the month.

Earnings per share for the fiscal year are expected to increase by 42.86%, and 23.33% over the next financial year. EPS should grow at an annualized rate of 19.86% over the next five years, compared to -11.52% over the past 5-year period.

UBS coverage for the Barrick Mining Corp (B) stock in a research note released on March 05, 2025 offered a Buy rating with a price target of $22. CIBC on their part issued Neutral rating on November 25, 2024.

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