(B) Barrick Mining - Overview

Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 71.123m USD | Total Return: 120% in 12m

Stock Gold, Copper, Silver, Energy
Total Rating 80
Safety 80
Buy Signal -0.02
Gold -31.7
Gold -28.9
Market Cap: 71,123m
Avg Trading Vol: 550M USD
ATR: 5.24%
Peers RS (IBD): 42.6
Risk 5d forecast
Volatility45.1%
Rel. Tail Risk-1.42%
Reward TTM
Sharpe Ratio1.87
Alpha103.83
Character TTM
Beta0.717
Beta Downside1.385
Drawdowns 3y
Max DD29.31%
CAGR/Max DD1.13
EPS (Earnings per Share) EPS (Earnings per Share) of B over the last years for every Quarter: "2021-03": 0.29, "2021-06": 0.29, "2021-09": 0.24, "2021-12": 0.35, "2022-03": 0.26, "2022-06": 0.24, "2022-09": 0.13, "2022-12": 0.13, "2023-03": 0.14, "2023-06": 0.19, "2023-09": 0.24, "2023-12": 0.27, "2024-03": 0.19, "2024-06": 0.32, "2024-09": 0.3, "2024-12": 0.46, "2025-03": 0.35, "2025-06": 0.47, "2025-09": 0.7645, "2025-12": 1.44,
EPS CAGR: 57.85%
EPS Trend: 81.2%
Last SUE: 4.00
Qual. Beats: 2
Revenue Revenue of B over the last years for every Quarter: 2021-03: 301.629, 2021-06: 321.158, 2021-09: 325.059, 2021-12: 311, 2022-03: 312.383, 2022-06: 321.268, 2022-09: 314.744, 2022-12: 313.473, 2023-03: 335.357, 2023-06: 338.984, 2023-09: 360.988, 2023-12: 415.542, 2024-03: 2747, 2024-06: 3162, 2024-09: 3368, 2024-12: 3645, 2025-03: 3130, 2025-06: 3681, 2025-09: 4148, 2025-12: 5997,
Rev. CAGR: 119.89%
Rev. Trend: 91.3%
Qual. Beats: 0
Description: B Barrick Mining

Barrick Mining Corporation (NYSE: B) is a Toronto-based miner that explores, develops, produces, and sells gold, copper, silver, and energy-related minerals. Formerly known as Barrick Gold Corporation until its rebrand in May 2025, the company has operated since 1983 and remains a leading player in the global gold sub-industry.

Key recent metrics show Barrick generated $4.8 billion of operating cash flow in Q4 2025, with production of approximately 5.2 million ounces of gold and 1.1 million ounces of copper. Its all-in sustaining cost (AISC) fell to $845 per ounce of gold, while the dividend yield sits near 3.5 %. The firm’s performance is closely tied to gold’s price rally-averaging $2,150/oz in 2025-and to robust copper demand driven by renewable-energy infrastructure growth.

For deeper insight, consider exploring ValueRay’s analysis of B.

Headlines to Watch Out For
  • Gold price fluctuations directly impact revenue
  • Copper demand shifts affect profitability
  • Mining operational costs influence margins
  • Regulatory changes in mining jurisdictions pose risks
  • Geopolitical stability in operating regions is crucial
Piotroski VR‑10 (Strict) 8.0
Net Income: 4.99b TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 4.51 > 1.0
NWC/Revenue: 39.52% < 20% (prev 38.62%; Δ 0.91% < -1%)
CFO/TA 0.15 > 3% & CFO 7.59b > Net Income 4.99b
Net Debt (-1.95b) to EBITDA (10.77b): -0.18 < 3
Current Ratio: 2.92 > 1.5 & < 3
Outstanding Shares: last quarter (1.68b) vs 12m ago -3.13% < -2%
Gross Margin: 51.25% > 18% (prev 0.38%; Δ 5.09k% > 0.5%)
Asset Turnover: 34.18% > 50% (prev 27.13%; Δ 7.05% > 0%)
Interest Coverage Ratio: 24.00 > 6 (EBITDA TTM 10.77b / Interest Expense TTM 371.4m)
Altman Z'' 3.69
A: 0.13 (Total Current Assets 10.20b - Total Current Liabilities 3.50b) / Total Assets 51.58b
B: -0.02 (Retained Earnings -1.17b / Total Assets 51.58b)
C: 0.18 (EBIT TTM 8.91b / Avg Total Assets 49.60b)
D: 1.62 (Book Value of Equity 25.43b / Total Liabilities 15.66b)
Altman-Z'' Score: 3.69 = AA
Beneish M -3.40
DSRI: 0.63 (Receivables 1.12b/1.36b, Revenue 16.96b/12.92b)
GMI: 0.75 (GM 51.25% / 38.39%)
AQI: 0.98 (AQ_t 0.23 / AQ_t-1 0.24)
SGI: 1.31 (Revenue 16.96b / 12.92b)
TATA: -0.05 (NI 4.99b - CFO 7.59b) / TA 51.58b)
Beneish M-Score: -3.40 (Cap -4..+1) = AA
What is the price of B shares? As of April 04, 2026, the stock is trading at USD 40.79 with a total of 13,243,445 shares traded.
Over the past week, the price has changed by +7.90%, over one month by -10.16%, over three months by -8.20% and over the past year by +120.00%.
Is B a buy, sell or hold? Barrick Mining has received a consensus analysts rating of 4.09. Therefore, it is recommended to buy B.
  • StrongBuy: 10
  • Buy: 4
  • Hold: 8
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the B price?
Wallstreet Target Price 57.1 40%
Analysts Target Price 57.1 40%
B Fundamental Data Overview as of 03 April 2026
P/E Trailing = 14.4027
P/E Forward = 10.8696
P/S = 4.1946
P/B = 2.6622
P/EG = 2.0398
Revenue TTM = 16.96b USD
EBIT TTM = 8.91b USD
EBITDA TTM = 10.77b USD
Long Term Debt = 4.61b USD (from longTermDebt, last quarter)
Short Term Debt = 55.9m USD (from shortTermDebt, last quarter)
Debt = 4.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.95b USD (from netDebt column, last quarter)
Enterprise Value = 69.16b USD (71.12b + Debt 4.74b - CCE 6.71b)
Interest Coverage Ratio = 24.00 (Ebit TTM 8.91b / Interest Expense TTM 371.4m)
EV/FCF = 18.42x (Enterprise Value 69.16b / FCF TTM 3.75b)
FCF Yield = 5.43% (FCF TTM 3.75b / Enterprise Value 69.16b)
FCF Margin = 22.14% (FCF TTM 3.75b / Revenue TTM 16.96b)
Net Margin = 29.45% (Net Income TTM 4.99b / Revenue TTM 16.96b)
Gross Margin = 51.25% ((Revenue TTM 16.96b - Cost of Revenue TTM 8.27b) / Revenue TTM)
Gross Margin QoQ = 54.76% (prev 54.44%)
Tobins Q-Ratio = 1.34 (Enterprise Value 69.16b / Total Assets 51.58b)
Interest Expense / Debt = 1.90% (Interest Expense 90.3m / Debt 4.74b)
Taxrate = 19.82% (794.0m / 4.01b)
NOPAT = 7.15b (EBIT 8.91b * (1 - 19.82%))
Current Ratio = 2.92 (Total Current Assets 10.20b / Total Current Liabilities 3.50b)
Debt / Equity = 0.18 (Debt 4.74b / totalStockholderEquity, last quarter 26.56b)
Debt / EBITDA = -0.18 (Net Debt -1.95b / EBITDA 10.77b)
Debt / FCF = -0.52 (Net Debt -1.95b / FCF TTM 3.75b)
Total Stockholder Equity = 25.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.07% (Net Income 4.99b / Total Assets 51.58b)
RoE = 19.77% (Net Income TTM 4.99b / Total Stockholder Equity 25.26b)
RoCE = 29.84% (EBIT 8.91b / Capital Employed (Equity 25.26b + L.T.Debt 4.61b))
RoIC = 23.76% (NOPAT 7.15b / Invested Capital 30.08b)
WACC = 8.06% (E(71.12b)/V(75.86b) * Re(8.50%) + D(4.74b)/V(75.86b) * Rd(1.90%) * (1-Tc(0.20)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.60%
[DCF] Terminal Value 81.38% ; FCFF base≈2.78b ; Y1≈3.43b ; Y5≈5.85b
[DCF] Fair Price = 60.38 (EV 99.20b - Net Debt -1.95b = Equity 101.16b / Shares 1.68b; r=8.06% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 81.17 | EPS CAGR: 57.85% | SUE: 4.0 | # QB: 2
Revenue Correlation: 91.29 | Revenue CAGR: 119.9% | SUE: N/A | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.89 | Chg7d=-0.025 | Chg30d=-0.021 | Revisions Net=-1 | Analysts=6
EPS current Year (2026-12-31): EPS=3.75 | Chg7d=-0.006 | Chg30d=-0.019 | Revisions Net=-2 | Growth EPS=+54.9% | Growth Revenue=+32.9%
EPS next Year (2027-12-31): EPS=4.43 | Chg7d=-0.021 | Chg30d=+0.075 | Revisions Net=-1 | Growth EPS=+18.3% | Growth Revenue=+11.5%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.6% (Discount Rate 8.5% - Earnings Yield 6.9%)
[Growth] Growth Spread = +41.6% (Analyst 43.1% - Implied 1.6%)
External Resources
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