Barrick Mining Stock Drops Amid Falling Gold Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2026
0mins
Should l Buy B?
Source: Fool
Barrick Mining Corp's stock has dropped 6.92% in pre-market trading, hitting a 20-day low, as gold prices continue to decline.
The decline follows a significant drop in gold prices, which fell 5.6% to $4,614 per ounce, leading to Barrick's stock falling 6.7% for the third consecutive day. This trend reflects market concerns over rising inflation and a stronger correlation with silver prices, which have also seen a substantial decline. Despite these challenges, analysts remain optimistic about future price recovery, suggesting that Barrick's stock could be undervalued at a low price-to-earnings ratio of 13.8.
The implications of this price movement indicate that while Barrick faces short-term challenges, the long-term outlook may improve if gold prices stabilize. Investors may find the current valuation attractive, especially given the dividend yield of 4.2%.
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Analyst Views on B
Wall Street analysts forecast B stock price to rise
17 Analyst Rating
15 Buy
2 Hold
0 Sell
Strong Buy
Current: 38.590
Low
44.31
Averages
58.14
High
71.00
Current: 38.590
Low
44.31
Averages
58.14
High
71.00
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.
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