Core Viewpoint - Barrick Mining reported strong quarterly earnings of $1.04 per share, exceeding the Zacks Consensus Estimate of $0.85 per share, and showing significant growth from $0.46 per share a year ago, indicating a positive earnings surprise of +22.93% [1] Financial Performance - The company achieved revenues of $6 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 17.66%, and showing a substantial increase from $3.65 billion in the same quarter last year [2] - Over the last four quarters, Barrick Mining has exceeded consensus EPS estimates three times, demonstrating a strong performance trend [2] Stock Performance - Barrick Mining shares have increased approximately 8.8% since the beginning of the year, significantly outperforming the S&P 500, which gained only 0.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $4.65 billion, while for the current fiscal year, the estimate is $3.54 on revenues of $19.18 billion [7] - The outlook for the Mining - Gold industry is favorable, ranking in the top 22% of over 250 Zacks industries, suggesting potential for Barrick Mining's continued performance [8] Industry Context - Another company in the same industry, Agnico Eagle Mines, is expected to report quarterly earnings of $2.32 per share, reflecting a year-over-year increase of +84.1%, with a significant revision of the consensus EPS estimate by 49.2% higher over the last 30 days [9] - Agnico Eagle Mines' anticipated revenues are projected to be $3.24 billion, up 45.7% from the previous year [10]

巴里克周四在一份声明中表示，巴里克将出售新成立的北美矿业子公司的少数股权，同时重申将保 留"相当大规模"的多数股权。该公司管理层预计IPO将于2026年底完成。 来源：智通财经网 总部位于加拿大的全球金矿领军者巴里克矿业(B.US)公布强劲业绩数据，并且重磅宣布将通过IPO项目 来推进其北美顶级黄金资产分拆上市。此次IPO公告发布之际，这家全球第二大黄金生产商正试图重整 旗鼓，紧抓这波史无前例的金价狂飙时期获取更加强劲利润，此前该公司多年来一直落后于黄金矿业领 域的竞争对手们。有媒体报道称，激进维权投资机构埃利奥特投资管理公司已购入巴里克黄金公司的大 量股份，获得埃利奥特入股的上市公司股价往往将迎来一段大幅上涨时期。 最新财报数据显示，巴里克矿业季度现金流与每股收益均创下历史新高，2025年黄金和铜产量与分析师 预期基本相符合。巴里克矿业第四季度黄金产量较第三季度增长5%，达到87.1万盎司，第四季度整体 营收约60亿美元，意味着同比大幅增长64.4%，比市场预期足足高出约8.4亿美元，环比基准下的增幅则 高达45%。 受益于黄金价格2025年疯涨70%，以及2025年下半年以来LME国际铜价在AI数据中心建 ...

此外，该公司宣布派发每股0.42美元的季度股息——意味着比第三季度股息大幅增长140%;自2025年第 四季度起，该公司新的季度股息政策目标是将可归属自由现金流的至少50%用于股息支付，其中包括将 季度级别的基本股息大幅提高40%至每股0.175美元，以及根据业绩在年末进行额外派息。2026年该公 司矿产的产量预期方面，预计黄金产量290万至325万盎司，铜产品区间19万至22万吨。 巴里克周四在一份声明中表示，巴里克将出售新成立的北美矿业子公司的少数股权，同时重申将保 留"相当大规模"的多数股权。该公司管理层预计IPO将于2026年底完成。 分拆将包括该矿业巨头在美国内华达州的合资企业权益，该矿业巨头还拥有Fourmile最新探索与挖掘， 以及多米尼加共和国的一座矿山。该公司补充表示，非洲和巴基斯坦等高风险司法管辖区的资产将仍归 母公司所有。 智通财经APP获悉，总部位于加拿大的全球金矿领军者巴里克矿业(B.US)公布强劲业绩数据，并且重磅 宣布将通过IPO项目来推进其北美顶级黄金资产分拆上市。此次IPO公告发布之际，这家全球第二大黄 金生产商正试图重整旗鼓，紧抓这波史无前例的金价狂飙时期获取更加强劲利润， ...

Record shareholder returns and another record quarterly financial performance mark successful delivery of 2025 operating planQ4 gold production 5% higher than Q3 at 871,000 ounces1, 2025 gold and copper production in line with guidanceRecord quarterly cash flow with operating cash flow of $2.73 billion and free cash flow2 of $1.62 billion—up 13% and 9%, respectively, over Q3Highest ever quarterly net earnings per share of $1.43 and adjusted net earnings per share2 of $1.04—up 88% and 79%, respectively, on Q ...

Core Viewpoint - Barrick Mining Corporation has declared a significant increase in its dividend for Q4 2025, alongside a new dividend policy aimed at enhancing shareholder returns [1][3]. Dividend Announcement - The company announced a dividend of $0.42 per share for Q4 2025, marking a 140% increase compared to the third quarter [1]. - The dividend will be paid on March 16, 2026, to shareholders of record as of February 27, 2026 [1]. Share Buyback Program - Barrick repurchased approximately 12.11 million shares during Q4 2025 under its share buyback program initiated in February 2025 [2]. - In total, the company repurchased about 51.90 million shares throughout 2025, representing approximately 3.0% of its issued and outstanding shares, for a total cash outlay of $1.5 billion, including $500 million in Q4 [2]. New Dividend Policy - The new dividend policy targets a total payout of 50% of attributable free cash flow on an annualized basis, consisting of a fixed base quarterly dividend of $0.175 per share and a performance top-up component at year-end based on the attributable free cash flow [3]. - The actual dividend paid may vary from the 50% target depending on cash flow strength, capital needs, and balance sheet considerations [3]. Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets across 17 countries and five continents [4]. - The company is recognized as the largest gold producer in the United States and aims to create long-term value for stakeholders through responsible mining and strong partnerships [4].

Core Insights - Barrick Mining Corporation has appointed Robert Samek to its Board of Directors and Mark Hill as President and CEO to lead the planned IPO process of Barrick's North American gold assets [1][3] Group 1: Board Appointments - Robert Samek joins the Board and will participate in the Audit & Risk and Compensation committees [1] - Mark Hill has been elevated to the Board as a Non-Independent Director due to his strong leadership performance [1] Group 2: Background of New Board Members - Robert Samek has over 31 years of experience at McKinsey & Company, including leadership roles in the Americas Mining and Metals practice and the Public Sector practice in Canada [2] - Mark Hill is recognized for his operational discipline and sector expertise, which will be crucial for Barrick's growth and performance [3] Group 3: Company Overview - Barrick Mining Corporation is a leading global mining company with a significant portfolio of gold and copper assets across 17 countries and five continents [4] - The company is the largest gold producer in the United States and focuses on creating long-term value through responsible mining and strong partnerships [4]

Barrick Mining Corporation (NYSE:B) is one of the best large cap stocks to buy under $50. On January 30, UBS increased its price target for Barrick Mining from $47 to $59 while maintaining a Buy rating. A day before that, JPMorgan initiated coverage of Barrick Mining with an Overweight rating and a $68 price target, driven by a bullish outlook on gold due to central bank demand and US policy uncertainty. The firm highlighted Barrick’s world-class reserve base and strong near-term organic growth and noted ...

tadamichi/iStock via Getty Images The following segment was excerpted from the First Eagle Global Equity ETF Q4 2025 Commentary. The Global Equity ETF posted a return of 5.58% in fourth quarter 2025. All regions contributed to performance; North America and emerging markets ...

Key Takeaways B shares rose 50.8% in 3 months, beating industry and the S&P 500 gains amid a historic rally in gold prices.B is advancing major gold and copper projects like Goldrush, Fourmile, Lumwana and Reko Diq to boost output.Higher costs and weaker production may weigh on margins despite strong earnings forecasts.Barrick Mining Corporation’s (B) shares have rallied 50.8% in the past three months, thanks to the surge in gold prices to historic highs driven by heightened geopolitical tensions, economic ...

Core Viewpoint - The recent sell-off in gold and gold stocks presents a potential buying opportunity for investors, despite the volatility in gold prices and the impact of new Federal Reserve chair Kevin Warch's nomination on market sentiment [1][2]. Company Performance - Gold stocks, particularly Newmont and Barrick, experienced significant declines, with both companies' shares falling by double-digit percentages [2]. - Newmont's all-in sustaining costs (AISC) per ounce were $1,566 in Q3 2025, projected to rise to $1,760 in Q4, while Barrick's AISC was $1,538 in Q3, with Q4 guidance between $1,460 and $1,560 [3]. - As of February 3, 2026, spot gold prices were around $4,622 per ounce, allowing both companies to achieve gross profit margins exceeding 160%, a stark contrast to historical margins that rarely topped 50% [4]. Growth Drivers - The ongoing global demand for gold, driven by central banks increasing their gold reserves due to concerns about the U.S. dollar's stability, remains a key growth driver for Newmont and Barrick [8]. - Copper demand, particularly due to the expansion of AI infrastructure, is another significant growth driver. Data centers may require between 330,000 and 420,000 tonnes of copper annually by 2030 [9]. - Newmont produced 35,000 tonnes of copper in Q3, while Barrick produced 55,000 tonnes, benefiting from increased production at Lumwana mines in Zambia [10]. Market Sentiment - Some investors believe the sell-off in Newmont and Barrick was overdone, as both stocks are already showing signs of recovery [12]. - Despite potential volatility in gold prices, the fundamental demand for gold and copper is expected to persist, supporting continued profitability for both companies [13]. - Newmont's forward price-to-earnings ratio is 15.7, while Barrick's is approximately 12.5, indicating that neither stock is excessively priced despite recent market fluctuations [14].