B Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Barrick Mining Corp is not a strong buy at the moment for a beginner investor with a long-term focus. Despite strong financial performance in the latest quarter, the stock is currently in a downtrend with no clear technical or proprietary trading signals indicating a reversal. Additionally, the delay in a major project and mixed analyst sentiment suggest waiting for a more favorable entry point.
The stock is in a downtrend with a MACD histogram of -0.598, indicating bearish momentum. RSI is at 26.474, suggesting the stock is approaching oversold territory but not yet signaling a reversal. Moving averages are converging, and the price is near the S1 support level of 37.152, with resistance at 40.195.
Strong financial performance in Q4 2025, with revenue up 64.53% YoY, net income up 141.57% YoY, and EPS up 150.88% YoY. Analysts remain constructive on the stock due to gold price strength and geopolitical uncertainty.
The stock is down 3.82% in the regular market and 2.62% in pre-market trading, indicating negative sentiment. The delay in the $9 billion Reko Diq project due to security concerns is a significant headwind. Analysts have lowered price targets recently, reflecting higher costs and capex.
In Q4 2025, Barrick Mining Corp reported a revenue increase to $5.997 billion, up 64.53% YoY. Net income rose to $2.406 billion, up 141.57% YoY. EPS increased to 1.43, up 150.88% YoY, and gross margin improved to 54.78%, up 21.01% YoY.
Analysts have mixed views. While some maintain Buy or Outperform ratings, others have lowered price targets due to higher costs and capex. The stock is seen as lagging peers but could benefit from mean reversion and strong gold prices in the long term.
