A month has gone by since the last earnings report for Barrick Mining (B) . Shares have added about 6.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Barrick Mining due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turn ...

Key Takeaways Barrick's stock rose 6% in a week, breaking above its 50-day SMA amid rising gold prices. Key projects like Goldrush and Lumwana are progressing on time and within budget to boost long-term output. B faces higher costs and forecasts tepid 2025 gold production, with Q1 output down 19% year over year.Barrick Mining Corporation’s (B) stock broke out above its 50-day simple moving average (SMA) last Friday, flashing a bullish signal. The B stock has gained roughly 6% in a week. This comes on an ...

Group 1: Company Performance - Barrick Mining Corporation experienced a significant decline in gold production in Q1 2025, producing 758,000 ounces, which is a 19% decrease year-over-year and a 30% decline from the previous quarter, marking the lowest quarterly output in recent years [1][7] - The decline in production was primarily due to the suspension of operations at the Loulo-Gounkoto mine amid a dispute with the Malian government, along with lower output from Carlin and Cortez [1][5] - The company expects 2025 gold production to be in the range of 3.15-3.5 million ounces, down from 3.91 million ounces in 2024, excluding potential restarts of the Loulo-Gounkoto mine [2][7] Group 2: Industry Comparison - Newmont Corporation reported an 8% year-over-year decline in gold production for Q1, reaching 1.54 million ounces, impacted by lower contributions from non-core operations [3] - Agnico Eagle Mines Limited saw a modest decline of around 0.5% in gold production to 873,794 ounces, but is on track to meet its 2025 target of 3.3-3.5 million ounces [4] Group 3: Financial Outlook - The Zacks Consensus Estimate for Barrick's earnings in 2025 and 2026 implies a year-over-year increase of 34.1% and 26.6%, respectively, with EPS estimates trending higher over the past 60 days [9] - Barrick is currently trading at a forward 12-month earnings multiple of 10.8, which is approximately a 21% discount compared to the industry average of 13.66X [10]

Barrick Gold (B) closed the last trading session at $19.07, gaining 0.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $24.39 indicates a 27.9% upside potential.The average comprises 16 short-term price targets ranging from a low of $21 to a high of $30.96, with a standard deviation of $2.90. While the lowest estimate indicates an increase of 10.1% from the current price level, t ...

TORONTO, May 26, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) – A ruling by the President of the Bamako Commercial Tribunal following submissions made on May 22 by Barrick’s Loulo and Gounkoto mines opposing the Malian government’s request to place the mining complex under provisional administration, is expected on June 2. On May 8, the government formally submitted its request to the court seeking to impose provisional administration over the site. Barrick believes there is no basi ...

Core Viewpoint - Barrick Mining stock is considered fairly valued at approximately $18.90, leading to a neutral investment stance given its moderate assessment [1][10]. Financial Performance - Barrick Mining's revenues have grown at an average rate of 2.9% over the last three years, compared to 6.2% for the S&P 500 [4]. - Revenues increased by 13.4% from $11 billion to $13 billion in the past 12 months, outpacing the S&P 500's growth of 5.3% [4]. - Quarterly revenues rose 19.2% to $3.6 billion from $3.1 billion year-over-year, compared to a 4.9% improvement for the S&P 500 [4]. Profitability Metrics - Barrick Mining's operating income for the last four quarters was $4.2 billion, with an operating margin of 32.4%, significantly higher than the S&P 500's 13.1% [5]. - The operating cash flow (OCF) for the same period was $4.5 billion, resulting in an OCF margin of 34.8%, compared to 15.7% for the S&P 500 [5]. - Net income totaled $2.1 billion, yielding a net income margin of 16.6%, which is above the S&P 500's 11.3% [5]. Financial Stability - Barrick Mining's debt was $5.3 billion, with a market capitalization of $33 billion, leading to a debt-to-equity ratio of 16.0%, lower than the S&P 500's 21.5% [6]. - Cash and cash equivalents amount to $4.1 billion out of total assets of $48 billion, resulting in a cash-to-assets ratio of 8.6%, compared to 15.0% for the S&P 500 [6]. Valuation Comparisons - Barrick Mining has a price-to-sales (P/S) ratio of 2.5, lower than the S&P 500's 2.8 [7]. - The price-to-free cash flow (P/FCF) ratio stands at 7.3, compared to 17.6 for the S&P 500 [7]. - The price-to-earnings (P/E) ratio is 15.3, significantly lower than the benchmark's 24.5 [7]. Resilience During Downturns - Barrick stock has underperformed against the S&P 500 during recent downturns, including a 48.8% decline during the inflation shock of 2022, compared to a 25.4% drop for the S&P 500 [9]. - The stock fell 42.3% during the COVID pandemic, while the S&P 500 experienced a 33.9% decline [9]. - During the global financial crisis of 2008, Barrick stock dropped 66.1%, compared to a 56.8% decline for the S&P 500 [10]. Overall Assessment - Barrick Mining's performance across various metrics indicates a moderate valuation, leading to a neutral investment recommendation [10][12].

Company Performance - Barrick Gold has returned 17.4% year-to-date, outperforming the Basic Materials sector average return of 6.4% [4] - The Zacks Consensus Estimate for Barrick Gold's full-year earnings has increased by 15.3% over the past three months, indicating improved analyst sentiment [4] - Barrick Gold currently holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook for the stock [3] Industry Comparison - Barrick Gold is part of the Mining - Gold industry, which has an average year-to-date return of 39.1%, indicating that Barrick Gold is slightly underperforming its industry [6] - Compass Minerals, another stock in the Basic Materials sector, has significantly outperformed with a year-to-date return of 71.1% and a Zacks Rank of 2 (Buy) [5][6] - The Chemical - Diversified industry, to which Compass Minerals belongs, has seen a decline of 14.6% this year, contrasting with the performance of Barrick Gold's industry [6] Sector Overview - The Basic Materials sector consists of 232 individual stocks and ranks 6 in the Zacks Sector Rank, which measures the strength of sector groups based on individual stock performance [2] - The Zacks Rank system identifies stocks with characteristics likely to outperform the market over the next one to three months, focusing on earnings estimate revisions [3]

Core Viewpoint - Barrick Mining Corporation is committed to sustainable development and economic growth, aligning its operations with the United Nations' Sustainable Development Goals (SDGs) for 2030 [1][2][4]. Group 1: Sustainability Commitment - The 2024 Sustainability Report, titled "Beyond the Horizon," highlights Barrick's evolution into a leader in responsible mining since its merger in 2019, focusing on sustainability-driven growth and community empowerment [2][4]. - Barrick has distributed over $100 billion in economic value to host countries through wages, local business support, and tax contributions over the past six years [4]. - The company has invested more than $200 million in community-led projects, including schools, clinics, and sustainable farming programs, managed by local communities to ensure they meet real needs [4]. Group 2: Environmental Initiatives - Barrick is recalibrating its greenhouse gas (GHG) emissions profile and reduction roadmap to align with its expanding production base, aiming for a Net Zero target by 2050 [5][6]. - The company has introduced a new site-level SDG performance framework to track community-focused progress across various indicators such as clean water, education, and healthcare [6][7]. - Barrick's commitment to sustainability is reflected in its operational practices, with 85% of its water intake being reused or recycled, and significant investments in renewable energy projects in multiple countries [7]. Group 3: Economic Impact - In 2024, Barrick spent $7.1 billion with local and in-country suppliers, contributing to local business growth and economic resilience [7]. - The company emphasizes that 97% of its employees and 76% of senior site management are host country nationals, reinforcing its commitment to local community development [7].

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and enhance their confidence in the stock market [1][2] - The Zacks Style Scores are designed to complement the Zacks Rank, providing additional metrics to identify stocks likely to outperform the market in the short term [2][3] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with higher scores indicating a better chance of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score helps investors identify undervalued stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score focuses on price trends and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes to identify high-momentum stocks [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank and Performance - The Zacks Rank, based on earnings estimate revisions, has shown strong performance, with 1 (Strong Buy) stocks averaging a +25.41% annual return since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the highest probability of success [10] Stock Example: Barnes Group Inc. - Barnes Group Inc. is rated 3 (Hold) on the Zacks Rank with a VGM Score of A, indicating a solid position in the market [12] - The company has a Value Style Score of A, supported by a forward P/E ratio of 10.73, making it attractive for value investors [13] - Recent upward revisions in earnings estimates and a Zacks Consensus Estimate increase of $0.23 to $1.70 per share highlight its potential [13]

Company Overview - Barrick Mining Corporation is now trading under the single-letter ticker symbol 'B' on the New York Stock Exchange, reinforcing its position as a global leader in gold and copper mining [1] - The company operates one of the largest portfolios of world-class and long-life gold and copper assets, including six Tier One gold mines, across 18 countries and five continents [4] Strategic Vision - Barrick's vision is to be the world's most valued gold and copper exploration, development, and mining company, with a focus on building a substantial copper business to grow production volumes [2] - The new stock symbol 'B' reflects Barrick's mission to achieve sustainable and profitable growth in gold and copper, aligning with rising global electrification and infrastructure demand [3] Operational Highlights - Barrick continues to explore and develop new gold mines, including the expansion of Pueblo Viejo, the Fourmile gold project in Nevada, and the Reko Diq project, which features both copper and gold [3] - The company is the largest gold producer in the United States, creating long-term value for stakeholders through responsible mining and strong partnerships [4]