<div id="readability-page-1"><p>Barrick Mining Corporation (NYSE:B - Get Free Report) <span>TSE: ABX<span></span></span>'s stock price shot up 7.2% during mid-day trading on Friday after Bank of America raised their price target on the stock from $29.00 to $34.00. Bank of America currently has a neutral rating on the stock. Barrick Mining traded as high as $31.97 and last traded at $32.22. 6,699,324 shares were traded  during trading, a decline of 65% from the average session volume of 19,372,758 shares. The stock had previously closed at $30.07.</p><ul><li>Bloom Energy Booms on AI Power Demand and Analyst Upgrades</li></ul><p>Other analysts have also issued reports about the stock. Zacks Research lowered shares of Barrick Mining from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, August 21st. Wall Street Zen downgraded Barrick Mining from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, August 9th. UBS Group  set a $35.00 price objective on Barrick Mining in a research report on Friday. Scotiabank boosted their price objective on Barrick Mining from $25.00 to $26.00 and gave the stock a &#34;sector perform&#34; rating in a research report on Wednesday, August 13th. Finally, Royal Bank Of Canada  set a $26.00 price objective on Barrick Mining and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $28.78.</p><div><p><span></span><span>Get <strong>Barrick Mining</strong> alerts:</span></p></div><p><b>View Our Latest Analysis on B</b></p><h2>Institutional Investors Weigh In On Barrick Mining</h2><ul><li>How Bath &amp; Body Works Is a Perfect Example of a Value Stock </li></ul><p>Several large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in  Barrick Mining by 21.8% during the first quarter. Farther Finance Advisors LLC now owns 3,146 shares of the gold and copper producer's stock worth $62,000 after acquiring an additional 563 shares during the period.  Sapient Capital LLC grew its holdings in  Barrick Mining by 0.5% during the first quarter. Sapient Capital LLC now owns 114,572 shares of the gold and copper producer's stock worth $2,227,000 after acquiring an additional 624 shares during the period.  Kestra Private Wealth Services LLC grew its holdings in  Barrick Mining by 2.5% during the first quarter. Kestra Private Wealth Services LLC now owns 28,724 shares of the gold and copper producer's stock worth $558,000 after acquiring an additional 710 shares during the period.  Nicholas Hoffman &amp; Company LLC. grew its holdings in  Barrick Mining by 1.5% during the first quarter. Nicholas Hoffman &amp; Company LLC. now owns 47,544 shares of the gold and copper producer's stock worth $924,000 after acquiring an additional 716 shares during the period.  Finally, Edge Wealth Management LLC grew its holdings in  Barrick Mining by 6.1% during the first quarter. Edge Wealth Management LLC now owns 13,110 shares of the gold and copper producer's stock worth $255,000 after acquiring an additional 755 shares during the period. Hedge funds and other institutional investors own  90.82% of the company's stock. </p><h2>Barrick Mining Price Performance</h2><p>The stock has a fifty day moving average of $24.60 and a two-hundred day moving average of $21.28. The stock has a market cap of $54.85 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 0.52 and a beta of 0.28. The company has a quick ratio of 2.53, a current ratio of 3.21 and a debt-to-equity ratio of 0.14. </p><ul><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li></ul><p>Barrick Mining (NYSE:B - Get Free Report) <span>TSE: ABX<span></span></span> last posted its earnings results on Monday, August 11th. The gold and copper producer reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.60 billion. Barrick Mining had a return on equity of 8.19% and a net margin of 19.99%.Barrick Mining's revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share.  On average, equities research analysts anticipate that  Barrick Mining Corporation will post 1.47 earnings per share for the current year. </p><h2>Barrick Mining Cuts Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.60 annualized dividend and a yield of 1.9%. Barrick Mining's dividend payout ratio  is 37.74%. </p><h2>About Barrick Mining</h2> (Get Free Report)<p>Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.</p><h2>See Also</h2><ul><li>Five stocks we like better than Barrick Mining</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>3 Energy Stocks That Could Benefit from Geopolitical Tensions</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>3 Reasons Amazon Could Be at an All-Time High by October</li><li>3 REITs to Buy and Hold for the Long Term</li><li>Workday Rising… To Fresh Record High Stock Prices</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Barrick Mining Right Now?</h2><p>Before you consider Barrick Mining, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barrick Mining wasn't on the list.</p><p>While Barrick Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Barrick Mining's stock rose 7.2% after Bank of America upgraded its price target from $29 to $34, maintaining a neutral rating. The stock traded at $32.22, with a volume decline of 65% from average. Analysts have mixed ratings, with two strong buys, six buys, and six holds. The company reported $0.47 EPS, meeting estimates, and a revenue of $3.72 billion, up 16.4% year-over-year. Barrick also announced a quarterly dividend of $0.15, yielding 1.9%.</p>

Barrick Mining (NYSE:B) Trading 7.2% Higher After Analyst Upgrade