<div id="readability-page-1"><p>Huntington National Bank bought a new position in  Barrick Mining Corporation (NYSE:B - Free Report) <span>TSE: ABX<span></span></span> in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,722 shares of the gold and copper producer's stock, valued at approximately $286,000.</p><ul><li>CAVA Stock Looking for Direction After Earnings Miss</li></ul><p>A number of other hedge funds and other institutional investors have also bought and sold shares of B. Vermillion Wealth Management Inc. acquired a new stake in shares of  Barrick Mining in the second quarter valued at about $25,000.  Concord Wealth Partners acquired a new position in shares of  Barrick Mining during the second quarter worth approximately $26,000.  Crowley Wealth Management Inc. bought a new stake in shares of  Barrick Mining in the second quarter valued at approximately $26,000.  Ameriflex Group Inc. acquired a new stake in shares of  Barrick Mining in the second quarter worth $27,000.  Finally, Trifecta Capital Advisors LLC acquired a new position in  Barrick Mining during the 2nd quarter valued at $27,000. 90.82% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>Barrick Mining</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities research analysts recently weighed in on B shares. Zacks Research downgraded Barrick Mining from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Thursday, August 21st. National Bank Financial raised Barrick Mining from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating in a report on Monday, September 22nd. Citigroup increased their price target on Barrick Mining from $21.00 to $38.00 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday, October 15th. Scotiabank upgraded shares of Barrick Mining from a &#34;sector perform&#34; rating to a &#34;sector outperform&#34; rating and upped their target price for the company from $27.50 to $43.00 in a research report on Thursday, October 23rd. Finally, CIBC lifted their price objective on shares of Barrick Mining from $38.00 to $50.00 and gave the stock an &#34;outperformer&#34; rating in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued  a Buy rating and four have issued  a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $42.90.</p><ul><li>Follow the Money: 3 Stocks With High Institutional Ownership</li></ul><p><b>View Our Latest Analysis on Barrick Mining</b></p><h2>Barrick Mining Trading Down 0.7%</h2><p>Shares of Barrick Mining stock opened at $32.56 on Friday. The company has a market capitalization of $54.94 billion, a price-to-earnings ratio of 20.48, a P/E/G ratio of 0.40 and a beta of 0.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.21 and a quick ratio of 2.53. The business has a fifty day simple moving average of $31.81 and a two-hundred day simple moving average of $24.74. Barrick Mining Corporation has a 1 year low of $15.11 and a 1 year high of $36.40. </p><ul><li>Can Gold Mining Stocks Shine as the Metals Rally Falters?</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, hitting analysts' consensus estimates of $0.47. The company had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.60 billion. Barrick Mining had a return on equity of 8.19% and a net margin of 19.99%.The company's revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.32 earnings per share.  Research analysts forecast that  Barrick Mining Corporation will post 1.47 EPS for the current year. </p><h2>Barrick Mining Cuts Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid 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 1.8%. Barrick Mining's dividend payout ratio  is presently 37.74%. </p><h2>About Barrick Mining</h2> (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>Recommended Stories</h2><ul><li>Five stocks we like better than Barrick Mining</li><li>Following Congress Stock Trades</li><li>CAVA Stock Looking for Direction After Earnings Miss</li><li>Best Aerospace Stocks Investing </li><li>3 Small AI Stocks Ready to Explode (All Under $20)</li><li>10 Best Airline Stocks to Buy</li><li>After 16% Fall, Analysts Eye a Big Recovery in Meta Platforms</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUI"/></p><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 reporting and unbiased coverage. 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>Huntington National Bank has acquired a new position in Barrick Mining Corporation, purchasing 13,722 shares valued at approximately $286,000 in the second quarter. This investment comes amid a trend of institutional investors increasing their stakes in Barrick. Analysts have mixed ratings on the stock, with a consensus price target of $42.90. Barrick recently reported earnings of $0.47 per share, meeting expectations, and announced a quarterly dividend of $0.15. The stock is currently trading at $32.56, with a market cap of $54.94 billion.</p>

Huntington National Bank Makes New Investment in Barrick Mining Corporation $B