Barrick Mining Corp's stock price fell by 6.06% during regular trading, hitting a 5-day low. This decline comes as the Nasdaq-100 is down 0.60% and the S&P 500 is down 0.40%, indicating a broader market weakness.
The drop in Barrick's stock price is attributed to sector rotation, as investors are shifting their focus away from gold mining stocks amid the overall market decline. Despite Barrick's recent achievement of a 73% rating in a deep value strategy, which suggests potential acquisition interest, the current market conditions have led to a decrease in its stock value.
This movement reflects the challenges faced by Barrick Mining Corp in the current economic environment, where broader market trends are influencing investor sentiment and stock performance. The company's strong fundamentals may attract long-term investors, but short-term fluctuations are likely to persist as market dynamics evolve.
Wall Street analysts forecast B stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for B is 46.72 USD with a low forecast of 38.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
Wall Street analysts forecast B stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for B is 46.72 USD with a low forecast of 38.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 52.170
Low
38.00
Averages
46.72
High
55.00
Current: 52.170
Low
38.00
Averages
46.72
High
55.00
Scotiabank
Outperform
upgrade
$43 -> $63
2026-01-26
New
Reason
Scotiabank
Price Target
$43 -> $63
AI Analysis
2026-01-26
New
upgrade
Outperform
Reason
Scotiabank raised the firm's price target on Barrick Mining to $63 from $43 and keeps an Outperform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
Canaccord
Buy
maintain
$70 -> $80
2026-01-23
Reason
Canaccord
Price Target
$70 -> $80
2026-01-23
maintain
Buy
Reason
Canaccord raised the firm's price target on Barrick Mining to C$80 from C$70 and keeps a Buy rating on the shares.
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BofA
Neutral -> Buy
upgrade
$38 -> $48
2025-11-24
Reason
BofA
Price Target
$38 -> $48
2025-11-24
upgrade
Neutral -> Buy
Reason
BofA upgraded Barrick Mining to Buy from Neutral with a price target of $48, up from $38, citing an increased focus on capital return, a strategic redirection of the business to developed market from emerging market jurisdictions, and expected improvement in Nevada Gold Mines' 2026 unit costs. The firm also cites what it views as "still underappreciated upside" from the Fourmile project and an attractive relative valuation to senior peers
Cormark
Market Perform -> Buy
upgrade
$66
2025-11-11
Reason
Cormark
Price Target
$66
2025-11-11
upgrade
Market Perform -> Buy
Reason
Cormark upgraded Barrick Mining to Buy from Market Perform with a C$66 price target.
About B
Barrick Mining Corporation is a gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Papua New Guinea, Tanzania and the United States. Its copper mines are located in Zambia, Chile and Saudi Arabia. Its operations include Nevada Gold Mines, Bulyanhulu, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, over 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Jabal Sayid copper operation is located approximately 350 km north-east of Jeddah in the Kingdom of Saudi Arabia. The Lumwana copper mine is a conventional open pit operation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
