Barrick Mining (NYSE:B) Coverage Initiated at JPMorgan Chase & Co.

Analysts at JPMorgan Chase & Co. assumed coverage on shares of Barrick Mining (NYSE:B) (TSE:ABX) in a research note issued on Thursday, Marketbeat.com reports. The brokerage set an “overweight” rating and a $68.00 price target on the gold and copper producer’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 48.67% from the stock’s previous close.

Several other research firms have also commented on B. Citigroup upgraded shares of Barrick Mining from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. TD Cowen reaffirmed a “buy” rating on shares of Barrick Mining in a research note on Wednesday, November 26th. Canaccord Genuity Group raised their price target on Barrick Mining from $39.00 to $57.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Jefferies Financial Group reissued a “buy” rating and issued a $55.00 price target on shares of Barrick Mining in a report on Sunday, December 7th. Finally, Scotiabank upped their price objective on Barrick Mining from $43.00 to $63.00 and gave the company an “outperform” rating in a research report on Monday. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $51.33.

Barrick Mining Trading Down 12.1%

Shares of B stock opened at $45.74 on Thursday. The stock has a market cap of $76.63 billion, a P/E ratio of 22.10, a P/E/G ratio of 0.47 and a beta of 0.41. The company has a quick ratio of 2.33, a current ratio of 2.94 and a debt-to-equity ratio of 0.14. Barrick Mining has a fifty-two week low of $16.33 and a fifty-two week high of $54.69. The business has a fifty day simple moving average of $45.36 and a 200-day simple moving average of $34.86.

Barrick Mining (NYSE:B) (TSE:ABX) last released its quarterly earnings data on Monday, November 10th. The gold and copper producer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Barrick Mining had a net margin of 24.53% and a return on equity of 9.48%. The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same period in the previous year, the firm earned $0.09 EPS. The business’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, analysts forecast that Barrick Mining will post 1.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Barrick Mining

Several large investors have recently added to or reduced their stakes in the business. Capital International Investors lifted its holdings in shares of Barrick Mining by 35.9% during the 3rd 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 period. Vanguard Group Inc. increased its position in Barrick Mining by 1.1% during the third quarter. Vanguard Group Inc. now owns 70,878,168 shares of the gold and copper producer’s stock worth $2,327,991,000 after purchasing an additional 767,544 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Barrick Mining during the second quarter worth approximately $1,091,122,000. First Eagle Investment Management LLC purchased a new position in Barrick Mining during the second quarter worth approximately $822,056,000. Finally, TD Asset Management Inc boosted its holdings in shares of Barrick Mining by 3.8% in the 3rd quarter. TD Asset Management Inc now owns 19,309,335 shares of the gold and copper producer’s stock valued at $634,346,000 after purchasing an additional 715,151 shares during the last quarter. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Barrick Mining News Summary

Here are the key news stories impacting Barrick Mining this week:

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $68 price target, highlighting valuation upside versus peers — a clear analyst catalyst that could support the stock if broader gold trends stabilize. JPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico Eagle
• Positive Sentiment: Several analysts raised price targets recently, reflecting firmer analyst sentiment and giving investors near?term upside scenarios if gold prices recover. Analysts Raise Barrick Mining (B) Price Targets
• Positive Sentiment: Equity research notes (Zacks) point to Barrick as a strong growth/value combination in the gold/copper space, underpinned by improving cash flow and a favorable production mix — a supportive fundamental argument for medium-term holders. Here’s Why Barrick Mining (B) is a Strong Growth Stock
• Positive Sentiment: Macro volatility narratives are rotating some flows into gold miners as a hedge; Zacks’ volatility playbook specifically lists gold miners (including Barrick) as beneficiaries when risk repricing accelerates. 2026 Volatility Playbook: NVDA, B, NEM & More in AI, Gold & Power
• Neutral Sentiment: Barrick has an upcoming earnings report that could be a swing factor — Zacks notes EPS are expected to grow but warns the mix of drivers may not point to a clear beat; results will be an important short-term catalyst. Barrick Mining (B) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: News that eased near?term equity?market angst — notably a high?profile political nomination — reduced demand for gold as a safe haven; The Motley Fool explicitly ties today’s sharp drop to that development lowering gold prices and pressuring Barrick. Why Barrick Gold Plunged Today
• Negative Sentiment: Broader market commentary (MarketBeat week review) notes a hotter-than-expected inflation print and the Fed chair announcement pushed gold and silver lower — a macro headwind for gold miners until bullion stabilizes.

Barrick Mining Company 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.