Core Insights - Barrick Mining Corporation is focusing on capital returns to shareholders, generating approximately $4.5 billion in operating cash flows in 2024 and returning about $1.2 billion through dividends and share repurchases [1][7]. Financial Performance - In February 2025, Barrick's board authorized a new share repurchase program of up to $1 billion, with $143 million repurchased and $172 million paid in dividends in the first quarter [2][3]. - Barrick ended the first quarter with cash and cash equivalents of around $4.1 billion, positioning itself well for development and exploration opportunities while maintaining shareholder value [3]. Comparison with Peers - Newmont Corporation has returned $1 billion to shareholders since the beginning of 2025, with a record free cash flow of $1.2 billion in the first quarter [4]. - Agnico Eagle Mines Limited returned nearly $1 billion to shareholders last year and delivered a free cash flow of $594 million in the first quarter, returning around 42% through dividends and buybacks [5]. Stock Performance and Valuation - Barrick's shares have increased by 39.4% year to date, compared to the Zacks Mining – Gold industry's rise of 58.7% [6]. - The forward 12-month earnings multiple for Barrick is 9.81, which is approximately 23.4% lower than the industry average of 12.8X, indicating a favorable valuation [9]. - Earnings per share (EPS) estimates for 2025 and 2026 imply growth of 55.6% and 23.1%, respectively, with estimates trending higher [7][8].

Core Viewpoint - Barnes & Noble Education, Inc. is under investigation for potential securities fraud and unlawful business practices, which has led to a significant drop in its stock price following the announcement of a delay in its annual report due to accounting issues [1][3][4]. Group 1: Investigation Details - Pomerantz LLP is investigating claims on behalf of investors regarding potential securities fraud by Barnes & Noble and its officers or directors [1]. - The investigation is focused on how the costs of digital sales were recorded, with early findings suggesting that accounts receivable may have been overstated by up to $23 million [3]. Group 2: Financial Impact - Following the announcement of the investigation and the delay in the annual report, Barnes & Noble's stock price fell by $2.36 per share, representing a 21.02% decrease, closing at $8.87 per share on July 21, 2025 [4]. Group 3: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [5].

Core Viewpoint - Barrick Mining Corp's stock could potentially double in value if gold prices experience a significant surge, particularly if they exceed $4,000 per ounce [1][5]. Group 1: Stock Performance - Barrick's stock has increased by over 30% year-to-date, significantly outperforming the S&P 500 index, which has grown by 7% [2]. - The rise in Barrick's stock is largely attributed to a 28% increase in gold prices, which currently exceed $3,350 per ounce [2]. Group 2: Financial Projections - At the current gold price of $3,350 per ounce, Barrick's estimated revenues for 2025 are around $15.24 billion, reflecting a price-to-sales (P/S) ratio of 2.5x [3]. - If gold prices rise to $4,000 per ounce, revenues could exceed $18 billion, potentially leading to a share price of around $26 at the same P/S ratio [3]. - Should the P/S ratio increase to 3.2x, as seen in 2020, the share price could rise to $33, representing a 55% increase from current levels [3]. Group 3: Market Dynamics - A significant increase in gold prices could be driven by factors such as a global recession, inflation, geopolitical tensions, or central banks stockpiling gold [4]. - Higher gold prices would enhance Barrick's profits without the need for additional mining, as many costs are fixed [4]. - The market may reassess Barrick's valuation, viewing it as a reliable cash-generating entity rather than just a gold investment [4].

Core Insights - Barrick Mining Corporation and Newmont Corporation are two leading gold mining companies with extensive global operations and diversified portfolios, making them relevant for investors in the precious metals sector [1] - Gold prices have reached record highs, driven by global economic uncertainties and increased central bank reserves, with prices currently above $3,400 per ounce and up over 30% year-to-date [2] Barrick Mining Corporation - Barrick has made a strong recovery in 2025 after a challenging 2024, benefiting from rising gold prices and advancing key growth projects [4][5] - Major projects include Goldrush, Fourmile, and Reko Diq, which are expected to significantly enhance production capacity [6][8] - Barrick's liquidity position is robust, with cash and cash equivalents around $4.1 billion and operating cash flows of approximately $1.2 billion in Q1 2025, reflecting a 59% year-over-year increase [8][9] - The company returned $1.2 billion to shareholders in 2024 and has a new share repurchase program authorized for up to $1 billion [9][10] - Barrick's stock has increased by 40.3% year-to-date, with a projected EPS growth of 54.8% [10][16] Newmont Corporation - Newmont is strategically investing in growth projects such as Tanami Expansion 2 and Ahafo North, which are expected to enhance production and profitability [12] - The acquisition of Newcrest Mining has strengthened Newmont's portfolio, generating $500 million in annual run-rate synergies [13] - Newmont has divested non-core assets, raising approximately $470 million and anticipating $3 billion in after-tax cash proceeds from its 2025 divestiture program [14][15] - The company reported liquidity of $8.8 billion, including cash and cash equivalents of around $4.7 billion, and generated a record free cash flow of $1.2 billion in Q1 2025 [15] - Newmont's stock has risen 65.8% year-to-date, with a projected EPS growth of 33.9% [10][25] Valuation and Performance Comparison - Barrick is trading at a forward 12-month earnings multiple of 9.88X, which is a 20.7% discount compared to the industry average of 12.46X [19] - Newmont's forward earnings multiple is 12.70X, indicating a premium over Barrick [21] - Both companies have a Zacks Rank 2 (Buy), but Barrick is viewed as having a more attractive valuation and higher growth projections, making it a potentially better investment option [26][27]

Core Insights - The company adopts a deep value investment strategy focusing on fundamental, bottom-up research to identify underfollowed and mispriced equities with potential for significant returns [1] - The primary focus is on small- and mid-cap companies where limited analyst coverage or misunderstood fundamentals create investment opportunities [1] - Key investment criteria include balance sheet quality, margin of safety, capital allocation, and identifiable catalysts for value realization [1] - The company engages directly with management teams when appropriate and maintains a long-term investment horizon [1] Analyst's Position - The analyst has a beneficial long position in the shares of IMMR and BNED through stock ownership, options, or other derivatives [2] - The article reflects the analyst's own opinions and is not influenced by compensation from any company mentioned [2] Disclosure and Transparency - The company emphasizes transparency and accountability as core components of its investment philosophy [1] - It encourages thoughtful discussion and feedback from the investing community [1]

Group 1 - Samuel Smith has extensive experience in dividend stock research and investment, having served as lead analyst and Vice President at notable firms [1] - He is a Professional Engineer and Project Management Professional with degrees in Civil Engineering & Mathematics and a Master's in Engineering focused on applied mathematics and machine learning [1] - Samuel leads the High Yield Investor investing group, collaborating with Jussi Askola and Paul R. Drake to balance safety, growth, yield, and value in investment strategies [2] Group 2 - High Yield Investor provides real-money core, retirement, and international portfolios, along with regular trade alerts and educational content for investors [2] - The service includes an active chat room for like-minded investors to share insights and strategies [2]

TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) will release its second quarter 2025 results before markets open on Monday, August 11, 2025 at approximately 6:00 AM EDT. President and CEO Mark Bristow will host a webcast to discuss the results at 11:00 AM EDT followed by a question-and-answer session with analysts. Q2 2025 RESULTSQ2 Results releaseAugust 11, 06:00 EDT / 10:00 UTCLive presentation and webcastAugust 11, 11:00 EDT / 15:00 UTCRegister to attend the webcas ...

Core Insights - Barrick Mining (B) and Triple Flag Precious Metals (TFPM) are compared for investment value opportunities [1] - Barrick Mining has a stronger earnings estimate revision trend, reflected in its Zacks Rank of 2 (Buy), while TFPM holds a Zacks Rank of 3 (Hold) [3] Valuation Metrics - Barrick Mining has a forward P/E ratio of 11.05, significantly lower than TFPM's forward P/E of 28.62 [5] - Barrick Mining's PEG ratio is 0.34, indicating better value relative to its expected earnings growth, compared to TFPM's PEG ratio of 1.08 [5] - Barrick Mining's P/B ratio stands at 1.09, while TFPM's P/B ratio is 2.69, further highlighting Barrick's superior valuation metrics [6] Value Grades - Barrick Mining has earned a Value grade of A, whereas Triple Flag Precious Metals has a Value grade of D, indicating Barrick's stronger position in terms of value investment [6]

Core Insights - Barrick Mining Corporation is advancing a $2 billion Super Pit Expansion Project at its Lumwana mine, aiming to transform it into a Tier One copper mine, which is crucial for both its global copper portfolio and Zambia's development strategy [1][8] Group 1: Project Details - The Super Pit expansion will double the current processing circuit's throughput and significantly increase mining volumes, potentially positioning Lumwana as a top-25 copper producer [2] - The project will increase Lumwana's copper output to 240,000 tons annually, supported by a new processing plant with a capacity of 50 million tons per year [3] - Infrastructure improvements, including a new power transmission system in collaboration with ZESCO, are underway to benefit both the mine and the surrounding region [3] Group 2: Strategic Context - Barrick is entangled in a dispute with the Malian government regarding the economic benefits from its Loulo-Gounkoto gold mine complex, yet it remains on track with other high-return growth projects [4] - The disciplined strategy of Barrick could reshape its production profile over the next decade, enhancing diversification and free cash flow if executed on schedule and within budget [4] Group 3: Market Performance - Barrick's shares have increased by 37% year to date, compared to a 53% rise in the Zacks Mining – Gold industry, driven by a rally in gold prices [7] - The company is currently trading at a forward 12-month earnings multiple of 9.8, which is approximately 22.3% lower than the industry average of 12.61X [11] Group 4: Earnings Estimates - The Zacks Consensus Estimate for Barrick's earnings in 2025 and 2026 indicates a year-over-year increase of 52.4% and 23.8%, respectively, with EPS estimates trending higher over the past 60 days [12] - Current earnings estimates for the upcoming quarters and years show a positive outlook, with the current quarter estimate at $0.48 and the next year at $2.38 [13]

Core Insights - Barrick Mining has consistently beaten earnings estimates, with an average surprise of 16.44% over the last two quarters [1][5] - The company reported earnings of $0.35 per share against a consensus estimate of $0.29, resulting in a surprise of 20.69% for the last quarter [2] - Barrick Mining's positive Earnings ESP of +0.52% indicates bullish sentiment among analysts regarding future earnings [8] Earnings Performance - In the previous quarter, Barrick Mining's earnings were $0.46 per share, exceeding the expected $0.41, which led to a surprise of 12.20% [2] - The company's earnings surprise history has contributed to rising estimates, enhancing its earnings outlook [5] Earnings ESP and Zacks Rank - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of future earnings beats, with nearly 70% success rate for stocks with this profile [6][8] - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] Future Expectations - Barrick Mining's next earnings report is anticipated to be released on August 11, 2025, with expectations of continued positive performance [8]