--- title: "Weekly Recap | Barrick Mining -1.04%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/300186502.md" description: "Barrick Mining (B.US) closed the week at $42.88, down 1.04% from the previous Friday’s close of $43.33. The S&P 500 rose 1.21%, so the stock underperformed the benchmark by about 2.25 percentage points. The week began with Monday’s dip to $42.69, followed by Tuesday’s intraweek high of $44.18. Selling resumed on Wednesday and Thursday, touching the week’s low of $41.41, before a Friday bounce lifted the stock back to $42.88. Weekly amplitude was 6.38%." datetime: "2026-09-26T05:59:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300186502.md) - [en](https://longbridge.com/en/news/300186502.md) - [zh-HK](https://longbridge.com/zh-HK/news/300186502.md) generator: "portal-rs" --- # Weekly Recap | Barrick Mining -1.04%, most brokers rate it buy ## The Week Barrick Mining (B.US) closed the week at $42.88, down 1.04% from the previous Friday’s close of $43.33. The S&P 500 rose 1.21%, so the stock underperformed the benchmark by about 2.25 percentage points. The week began with Monday’s dip to $42.69, followed by Tuesday’s intraweek high of $44.18. Selling resumed on Wednesday and Thursday, touching the week’s low of $41.41, before a Friday bounce lifted the stock back to $42.88. Weekly amplitude was 6.38%. ## Key Events This week’s news flow around Barrick ran along two lines. On Tuesday, several research notes framed the market as a two-track story, contrasting gold and other safe havens with structural tech and AI infrastructure plays. In that context, gold miners were discussed as one side of the rotation. On Friday, a research firm cut its third-quarter earnings forecast for F.N.B., a separate financial name. Barrick itself had no product, earnings, or major partnership announcements this week, leaving the share price largely exposed to macro and sector sentiment shifts. ## Analyst Ratings Of the 24 brokers covering Barrick, 11 rate it buy, 8 rate it overweight, 4 rate it hold, 1 rates it underweight, and none rate it sell or no opinion. The consensus rating is buy, with a consensus target of $51.70, about 20.58% above the last close. Targets range from $29.00 to $63.00, showing wide dispersion. Barrick ranks 1st among 49 gold-sector names by industry rating. ## The Week Ahead The coming week brings a run of US data that could feed into gold prices and mining equity valuations. Monday starts with the Dallas Fed manufacturing activity index. Tuesday is heavier: FHFA house prices, the Case Shiller 20-city index, JOLTS job openings, and consumer confidence. JOLTS job openings have a prior print of 7.271m against a 7.24m forecast, while consumer confidence carries a prior of 89.4 and a forecast of 90. For Barrick itself, third-quarter fiscal 2026 results are scheduled for 9 November pre-market, with expected EPS of $0.7476 and revenue of $5.166b, so earnings are not yet in this week’s window. ## In Short Barrick slipped 1.04% this week and lagged the S&P 500, reflecting rotation pressure between gold plays and tech names. The rating picture is concentrated: most brokers maintain buy or overweight, and the consensus target sits about 20.6% above spot. Valuation remains moderate at 10.81x P/E and 2.58x P/B, while the latest session’s large-lot money turned net seller. The next catalysts are US inflation and labour data, and how the market prices Barrick’s earnings potential into November. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [B.US](https://longbridge.com/en/quote/B.US.md) - [BU.US](https://longbridge.com/en/quote/BU.US.md) ## Related News & Research - [Barrick CEO says North American IPO could slide into next January](https://longbridge.com/en/news/300470383.md) - [Barrick to Present at Mining Forum Americas 2026](https://longbridge.com/en/news/300424470.md) - [Barrick Mining Says North America Exploration Push Aims To Sustain Production Of At Least 3 Million Ounces A Year - Mining Forum Americas](https://longbridge.com/en/news/300459412.md) - [ABX: Major gold and copper growth projects advance, with a North American gold IPO targeted for 2026](https://longbridge.com/en/news/300436576.md) - [BTO: Major project execution, resource growth, and strong capital returns drive future expansion](https://longbridge.com/en/news/300484949.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**