Barrick Mining (B) slides 4.5% as precious-metals volatility and post-earnings positioning weigh

Barrick Mining Corporation (B) is down 4.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks most consistent with a broader pullback in gold-mining equities tied to choppy precious-metals pricing and risk-off positioning after a sharp run-up earlier this year. Investors may also be taking profits and recalibrating expectations following Barrick’s recent quarterly update, which included 2026 production guidance and new strategic plans for its North American gold assets.

Details:

Barrick’s latest results highlighted record quarterly cash flow and higher shareholder returns, but also laid out 2026 production guidance ranges for both gold and copper that the market is now digesting.

The company said it is preparing for an IPO of its North American gold assets, a complex transaction that can create near-term uncertainty around structure, valuation, and timing.

Gold and silver prices have been volatile this week, and that volatility has recently pressured the broader mining group, which tends to trade with high beta to underlying metal prices.

This could also be simple positioning after earlier gains in the sector, with traders reducing exposure ahead of additional earnings reports across the mining complex.

Sources:

Barrick Mining Corporation (press release), Investor’s Business Daily, MarketWatch

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$B Hedge Fund Activity

We have seen 486 institutional investors add shares of $B stock to their portfolio, and 446 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL INTERNATIONAL INVESTORS removed 18,172,910 shares (-17.8%) from their portfolio in Q4 2025, for an estimated $791,430,230
FIL LTD added 13,853,587 shares (+85.3%) to their portfolio in Q4 2025, for an estimated $603,323,713
VAN ECK ASSOCIATES CORP added 10,287,544 shares (+22.8%) to their portfolio in Q4 2025, for an estimated $448,022,541
CAUSEWAY CAPITAL MANAGEMENT LLC removed 9,600,845 shares (-61.2%) from their portfolio in Q4 2025, for an estimated $418,116,799
MACKENZIE FINANCIAL CORP added 7,870,411 shares (+61.9%) to their portfolio in Q4 2025, for an estimated $342,756,399
FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 6,546,643 shares (-16.9%) from their portfolio in Q4 2025, for an estimated $285,106,302
MANUFACTURERS LIFE INSURANCE COMPANY, THE added 6,250,664 shares (+73.0%) to their portfolio in Q4 2025, for an estimated $272,216,417

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$B Government Contracts

We have seen $810,450 of award payments to $B over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

F100 CASE: $810,450

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$B Analyst Ratings

Wall Street analysts have issued reports on $B in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 12/01/2025
B of A Securities issued a "Buy" rating on 11/24/2025
RBC Capital issued a "Outperform" rating on 10/27/2025
CIBC issued a "Outperformer" rating on 10/10/2025
Canaccord Genuity issued a "Buy" rating on 10/09/2025

To track analyst ratings and price targets for $B, check out Quiver Quantitative's $B forecast page.

$B Price Targets

Multiple analysts have issued price targets for $B recently. We have seen 9 analysts offer price targets for $B in the last 6 months, with a median target of $48.0.

Here are some recent targets:

Carey Macrury from Canaccord Genuity set a target price of $77.0 on 02/18/2026
Alexander Hacking from Citigroup set a target price of $48.0 on 02/09/2026
Tanya Jakusconek from Scotiabank set a target price of $63.0 on 01/26/2026
Myles Walton from UBS set a target price of $47.0 on 12/01/2025
Lawson Winder from B of A Securities set a target price of $48.0 on 11/24/2025
Josh Wolfson from RBC Capital set a target price of $40.0 on 10/27/2025
Anita Soni from CIBC set a target price of $50.0 on 10/10/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.