Core Viewpoint - Barrick Mining Corporation's shares have increased by 18.8% over the past three months, primarily driven by rising gold prices amid economic and geopolitical uncertainties [1][7]. Performance Comparison - Barrick has outperformed the Zacks Mining – Gold industry's increase of 15.1% and the S&P 500's rise of 12.9% during the same period [2]. - Among peers, Newmont Corporation, Kinross Gold Corporation, and Agnico Eagle Mines Limited have seen gains of 28%, 24.6%, and 15.7%, respectively [2]. Key Projects and Production Growth - Barrick is advancing several key growth projects, including Goldrush, Pueblo Viejo plant expansion, Fourmile, Lumwana Super Pit, and Reko Diq, which are expected to significantly contribute to production [10]. - The Goldrush mine aims for a production target of 400,000 ounces per annum by 2028, while the Fourmile project is anticipated to yield grades double those of Goldrush [11]. - The Reko Diq project in Pakistan is designed to produce 460,000 tons of copper and 520,000 ounces of gold annually in its second phase, with first production expected by the end of 2028 [11]. Financial Performance and Liquidity - Barrick has a strong liquidity position with cash and cash equivalents of approximately $4.1 billion and generated operating cash flows of around $1.2 billion in the first quarter of 2025, a 59% increase year over year [16]. - Free cash flow surged to about $375 million in the first quarter from $32 million in the prior year [16]. - The company returned $1.2 billion to shareholders in 2024 through dividends and repurchases, with a current dividend yield of 1.8% and a payout ratio of 28% [17]. Earnings Estimates and Valuation - Earnings estimates for Barrick have been revised upward, with the Zacks Consensus Estimate for 2025 and 2026 indicating year-over-year increases of 55.6% and 24.1%, respectively [18]. - Barrick's stock is trading at a forward price/earnings ratio of 10.12X, which is approximately 24.8% lower than the industry's average of 13.45X, indicating an attractive valuation [20]. Investment Outlook - Barrick presents a compelling investment case with a strong pipeline of growth projects, solid financials, and rising gold prices, making it a worthwhile addition for investors seeking exposure to the gold mining sector [23].

Core Viewpoint - Barrick Mining Corporation is expected to report its second-quarter 2025 results on August 11, with anticipated higher gold prices impacting performance despite cost challenges [1][7]. Group 1: Earnings Performance - Barrick has beaten the Zacks Consensus Estimate for earnings in three of the last four quarters, with an average earnings surprise of approximately 12.5% and a notable 20.7% surprise in the last quarter [1]. - The Earnings ESP for Barrick is +1.14%, with the Zacks Consensus Estimate for the second quarter currently at 47 cents [4]. Group 2: Production and Costs - Gold production for Q2 is forecasted at 783,000 ounces, reflecting a 17% decline from the previous year [7][9]. - The company projects all-in-sustaining costs (AISC) for 2025 to be between $1,460 and $1,560 per ounce, indicating a year-over-year increase [11]. Group 3: Market Conditions - Gold prices have risen significantly this year, driven by safe-haven demand amid global trade tensions, geopolitical issues, and a weak dollar, reaching a record high of $3,500 per ounce on April 22, before closing above $3,300 per ounce at the end of Q2 [8]. - Gold prices increased nearly 6% in the second quarter, contributing positively to Barrick's expected performance [8]. Group 4: Future Outlook - The company has provided a cautious forecast for 2025, expecting attributable gold production to be in the range of 3.15 to 3.5 million ounces, down from 3.91 million ounces in 2024 [10]. - Increased production from certain mines is expected to be offset by reduced output from others, indicating mixed performance across its operations [10].

Core Insights - The U.S. market experienced a slight decline as investors reacted to new earnings reports, economic data, and tariff announcements, particularly regarding semiconductor and pharmaceutical imports [1] - In the current environment characterized by geopolitical risks and policy changes, value investing is highlighted as a favorable strategy, focusing on purchasing undervalued stocks [1] Investment Strategy - Value investing involves buying stocks priced below their intrinsic value, capitalizing on market mispricing to achieve future profits [1] - Earnings yield is a key metric for value investors, calculated as (Annual Earnings per Share/Market Price) x 100, serving as a reverse indicator of the price-to-earnings (P/E) ratio [3] - A high earnings yield suggests a stock may be undervalued, while a low yield indicates potential overvaluation [3] Stock Selection Criteria - An earnings yield greater than 10% is set as a primary screening criterion, supplemented by additional parameters [5] - Estimated EPS growth for the next 12 months must be greater than or equal to the S&P 500, comparing forward EPS estimates with actual EPS [5] - Average daily trading volume over the past 20 days should be at least 100,000, indicating sufficient liquidity [6] - Current stock price must be $5 or higher, and stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) are expected to outperform peers [7] Highlighted Stocks - Barrick Mining Corporation is a leading gold mining company with projected earnings growth of 56% and 24% for 2025 and 2026, respectively, and a Zacks Rank of 1 [8] - Astrana Health, a tech-enabled healthcare provider, anticipates earnings growth of 77% and 49% for 2025 and 2026, respectively, also holding a Zacks Rank of 1 [9][10] - StoneCo Ltd., a fintech company, expects earnings growth of 10.4% and 16% for 2025 and 2026, with a Zacks Rank of 1 [11] - Plains GP Holdings, involved in crude oil transportation and marketing, projects earnings growth of 206% and 24% for 2025 and 2026, respectively, and has a Zacks Rank of 1 [12] - PHINIA Inc., a supplier for the mobility industry, forecasts earnings growth of 14% and 19.5% for 2025 and 2026, respectively, and holds a Zacks Rank of 1 [13]

Core Viewpoint - Barrick Mining Corporation has released additional site-level disclosures for its tailings storage facilities (TSFs) to enhance transparency and align with the Global Industry Standard on Tailings Management (GISTM) [1][2] Group 1: Tailings Storage Facilities Disclosures - The new disclosures are part of Barrick's commitment to transparency regarding its tailings facilities, following previous disclosures made in August 2023 [1][2] - Barrick is a member of the International Council on Mining and Metals (ICMM) and has actively contributed to the development of the GISTM, which aligns with its own tailings management standards [3] Group 2: Safe Closure Initiatives - The company is prioritizing the safe closure of inactive tailings storage facilities, with 13 facilities currently in Safe Closure and five more targeted for the next year [4] - Achieving Safe Closure involves thorough assessment and mitigation of long-term risks to human health and the environment, as well as engagement with stakeholders and conservation of biodiversity and cultural values [4] Group 3: Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets, including six Tier One gold mines [5] - The company operates in 18 countries across five continents and is the largest gold producer in the United States, focusing on responsible mining and long-term value creation for stakeholders [5]

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Barnes & Noble Education, Inc. regarding potential securities fraud or unlawful business practices [1][3] - The company disclosed a delay in its annual report due to an investigation into the recording of digital sales costs, with early findings suggesting an overstatement of accounts receivable by up to $23 million [3] - Following the news of the investigation, Barnes & Noble's stock price fell by $2.36 per share, or 21.02%, closing at $8.87 per share [4] Company Overview - Barnes & Noble Education, Inc. is facing scrutiny over its financial reporting practices, particularly concerning the accuracy of its accounts receivable [3] - The company expects to report at least one material weakness related to manual journal entries in its financial statements [3] Legal Context - The Pomerantz Firm is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud and corporate misconduct [5]

Core Insights - Nevada Gold Mines (NGM) and Komatsu have launched a partnership to enhance workplace safety and operational efficiency through the FrontRunner Autonomous Haulage System (AHS) [1][2] - The deployment involves automating a fleet of 300 and 230 tonne haul trucks across NGM's surface operations, marking the first implementation of this system in the United States [1][2] - The collaboration aims to reduce employee exposure to hazards, improve fleet performance, fuel consumption, and ensure continuous operations, contributing to a safer mining environment [2] Company Overview - NGM is operated by Barrick Mining Corporation, which holds a 61.5% stake in the joint venture with Newmont, owning 38.5%, creating the largest gold-producing complex globally [4] - Komatsu specializes in developing technologies and equipment for various industries, including mining, and emphasizes innovation for sustainable futures [5] - Nokia is a leader in B2B technology innovation, focusing on creating networks that enhance operational efficiency and safety [6] Technological Implementation - The FrontRunner AHS will be supported by a customized 5G communications infrastructure provided by Sedna and Nokia, ensuring high-speed, low-latency connectivity for real-time data exchange [2][3] - This collaboration is seen as a significant milestone for autonomous mining in America, reflecting a commitment to delivering tailored, world-class solutions [2][3]

Group 1 - Barrick Mining has multiple positive factors that could drive the stock to outperform over the next year or two [1] - The stock is reasonably valued, indicating potential for upside as the company continues to grow [1] - The focus is on growth and momentum stocks that are reasonably priced and likely to outperform the market in the long term [1] Group 2 - The article emphasizes the importance of investing in high-quality growth stocks [1] - Historical context is provided, noting that the S&P 500 increased by 367% and the Nasdaq by 685% from 2009 through 2019 following strategic investment advice [1]

Core Viewpoint - Barrick Mining Corporation emphasizes its commitment to sustainability and stakeholder engagement through its Annual Sustainability Update and the release of its 2024 Sustainability Report, highlighting key achievements and future priorities [1][6]. Sustainability Strategy - The company focuses on foundational growth projects aimed at creating long-term value through partnerships, comprehensive reporting against the UN Sustainable Development Goals (SDGs), and a commitment to workplace safety and greenhouse gas emissions management [2][3]. Summary Sustainability Report - Barrick introduced a standalone Summary Sustainability Report to provide stakeholders with an accessible overview of its sustainability performance and impact, detailing operations across various regions [3][4]. Key Achievements - Over the past six years, Barrick has made significant sustainability achievements, including transitioning to renewable energy sources, distributing over $70 billion to workers and local communities, and forming partnerships to develop critical infrastructure such as schools and health clinics [5][6]. Global Operations - Barrick operates in 18 countries and five continents, holding one of the largest portfolios of gold and copper assets, including six Tier One gold mines, and is recognized as the largest gold producer in the United States [7].

Core Insights - Barrick Mining Corporation held its Annual Sustainability Update, emphasizing its commitment to sustainability performance and stakeholder engagement [1][6] - The company published its 2024 Sustainability Report and a new Summary Sustainability Report to provide accessible information on its sustainability efforts [3][4] Sustainability Strategy - Barrick's sustainability strategy focuses on creating long-term value through partnerships, comprehensive reporting against UN Sustainable Development Goals (SDGs), and a commitment to workplace safety and greenhouse gas emissions management [2][5] - The company aims to demonstrate that responsible mining can drive development and benefit host communities [3] Key Achievements - Over the past six years, Barrick has evolved its power profile towards renewable energy, distributed over $70 billion to stakeholders, and formed local partnerships for infrastructure development, including schools and health clinics [5] - The Summary Sustainability Report highlights measurable impacts and the company's sustainability performance since the merger that formed today's Barrick [4][5] Reporting and Transparency - The Annual Sustainability Update and the Summary Sustainability Report reinforce Barrick's commitment to transparent reporting and stakeholder engagement [6] - The new Summary Report is designed to provide a digestible account of operations across various regions, including Africa, the Americas, Papua New Guinea, and Peru [4]

Core Insights - Barrick Mining Corporation experienced a 17% year-over-year decline in gold sales volumes in Q1 2025, totaling 751,000 ounces, with a 22% decrease from the previous quarter, leading to a 14% decline in revenue and a 52% drop in net earnings [1][7]. Group 1: Sales and Production - The decline in sales volumes is attributed to the suspension of operations at the Loulo-Gounkoto mine due to a dispute with the Malian government, as well as reduced production at the Carlin and Cortez mines [1][7]. - The company anticipates gold production for 2025 to be between 3.15 million and 3.5 million ounces, excluding Loulo-Gounkoto, indicating a decrease from 3.91 million ounces in 2024 [3][7]. Group 2: Industry Comparison - Newmont Corporation reported a similar trend, with gold sales volumes declining approximately 11% year-over-year and 5% sequentially in Q2, alongside an 8% decrease in attributable gold production [4]. - Agnico Eagle Mines Limited also faced a year-over-year decline in gold sales volumes, down 3% to 846,835 ounces, yet managed to achieve higher profits during the same period [5]. Group 3: Financial Performance and Valuation - Barrick's shares have increased by 36.3% year-to-date, compared to a 53% rise in the Zacks Mining – Gold industry, primarily driven by a rally in gold prices [6]. - The forward 12-month earnings multiple for Barrick is 9.44, which is approximately 21.7% lower than the industry average of 12.06 [9].