Barnes (US:B) Yahoo Finance·2025-11-19 21:00Core Insights - Gold prices have surged to over $4,000 per ounce in October, marking a 144% increase since 2022, driven by geopolitical tensions and demand for safe-haven assets [1] - Barrick Mining Corporation's share price has increased over 140% year-to-date, supported by a strong balance sheet and solid North American assets [1][5] - Elliott Management has acquired a stake of at least $700 million in Barrick, indicating significant interest in the company's operations and potential restructuring [2][3] Company Performance - Barrick Mining, a major gold and copper producer, has seen its stock rise by 112% over the last year, with a 143% increase since January, reflecting renewed investor interest [5] - The company trades at a forward price-to-earnings (P/E) ratio of 16.60x, slightly above the sector average of 15.54x, indicating investor willingness to pay a premium for its growth prospects [6] Dividend Strategy - Barrick has increased its base quarterly dividend by 25% to $0.125 per share, with an additional performance dividend of $0.05, totaling $0.175 per share quarterly [7] - The annual yield stands at 1.22%, and the forward payout ratio is just 24.17%, suggesting potential for continued dividend growth without hindering other projects [8]