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/B
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Barrick Mining Corp

Barrick Mining Corp

B
$34.93USD↑+0.26%+0.09 today

MARKET CAP

65.3B

P/E (TTM)

14.3x

FWD P/E

7.4x

DAY RANGE

$34 – $35

52W RANGE

$21
$55

AI Summary

Stalk
TrimMedium

Asset B remains in a Stage 4 decline with clear lower highs and lower lows beneath declining EMAs, reinforced by a support failure pattern confirming committed selling. Price is extended below all major EMAs and in extreme oversold territory without clear exhaustion, suggesting that selling into rallies offers better execution. Medium-term bias is bearish while the long-term uptrend remains intact. Execution favors trimming into strength on pullbacks into the declining EMA framework.

  • ↑Free cash flow surged 320% YoY to $1.6B in Q1 2026.
  • ↑Initiated $0.175/share quarterly dividend and $3B share buyback program.
  • ↓Negative analyst revisions suggest downward earnings estimate risk.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Barrick Mining Corporation (NYSE: B, TSX: ABX), a global leader in gold and copper mining, operates with a strategic focus on sustainable production from tier-one assets. The firm is recognized for its extensive portfolio across North America, Africa, and Latin America, emphasizing operational excellence, cost management, and robust financial returns amidst fluctuating commodity markets.

Bull says

  • ↑Free cash flow surged 320% YoY to $1.6B in Q1 2026.
  • ↑Initiated $0.175/share quarterly dividend and $3B share buyback program.
  • ↑Q1 gold production hit 719k ounces, up 4% YoY, beating guidance.
  • ↑Four Mile project expansion set to boost future production capacity.
  • ↑Consensus price targets imply a 48.7% upside from current levels.
  • ↑Strong factor profile: high earnings yield, profitability, low leverage.

Bear says

  • ↓Negative analyst revisions suggest downward earnings estimate risk.
  • ↓Mali geopolitical tensions could disrupt key mining operations.
  • ↓Regulatory and environmental scrutiny may increase operational costs.
  • ↓Profitability sensitive to gold price swings and oil price exposure.
  • ↓Multiple project focus and safety gaps pose execution risks.
  • ↓High PEG (2.59) and elevated short interest indicate overvaluation.

Investment themes with B

Gold Miners↓ -0.33%

Companies mining and producing gold

AEM · NEM · B

Earnings Call · Q4 2025 · Mgmt. Guidance

Updated 04-09-2026neutral

Transcript signals

Bull points

  • $7.7 billion of cash flow from operations and $3.9 billion of free cash flow, up 71% and 194% from a year ago and another company record.
  • Our attributable EBITDA increased 53% versus the prior quarter on higher margins as the 21% increase in the gold price dropped to the bottom line.
  • All of this enabled the highest annual shareholder returns in Barrick's history with more to come.

Bear points

  • we have looked at many employment conditions as part of the operational review. We will be adjusting the remuneration framework to help attract and retain the best people. And importantly, will be simplifying the bonus structure at the operational level to focus clearly on safety, our #1 focus for the year and then production costs and growth.
  • although the life mine recovery rate is lower, we have been able to extend the life of 2048, maintaining the total overall ounce produced.
  • I made that commitment to making sure safety was our top priority, and this continues to be the company's #1 focus for 2026. Clearly, there's more to be done because Q4 wasn't where we needed it to be.
Read full transcript analysis ›