# Barrick Mining Corporation (B)

> Source: Nexqual · https://nexqual.com/B · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Barrick Mining Corporation (B), nexqual.com/B" · informational, not investment advice.

**Price:** USD 38.65 (-5.18% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 40.76 · day 38.24–39.55 · 52w 30.98–54.69 · market cap $63.6B · NYQ

## Key facts
- 5 of 80 tracked superinvestors hold B (13F, Q2 2026): 0 new, 2 added, 3 reduced, 0 unchanged.
- Analysts: Buy (mean 2.04 on a 1–5 scale) (24 analysts), mean target USD 50.11 (range 29–58.5).
- Total return with dividends: 1Y +23.5% vs S&P 500 +14.9%; 5Y +126.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD 0.8, revenue estimate $5.13B.

## Superinvestors (SEC 13F-HR, Q2 2026)
5 of 80 tracked investors hold B. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Howard Marks | Oaktree Capital | 3.12% | $118M | Added +22.1% |
| First Eagle Investment | First Eagle Investment Management | 1.22% | $732M | Reduced -3.2% |
| John Rogers | Ariel Investments | 0.07% | $7.1M | Reduced -6.2% |
| Lee Ainslie | Maverick Capital | <0.01% | $491K | Added +21.9% |
| Sarah Ketterer | Causeway Capital Management | <0.01% | $256K | Reduced -9.9% |

## Analysts
Consensus Buy (mean 2.04 on a 1–5 scale), 24 analysts; mean target USD 50.11 (low 29, high 58.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | Freedom Broker | Downgrade | Buy → Hold | $54 → $46 |
| 2026-10-21 | JP Morgan | Target raised | Overweight | $52 → $55 |
| 2026-10-16 | CIBC | Downgrade | Outperformer → Neutral | $49 |
| 2026-09-16 | RBC Capital | Target raised | Outperform | $49 → $53 |
| 2026-09-09 | Bernstein | Target lowered | Outperform | $61 → $56.5 |
| 2026-08-14 | JP Morgan | Target raised | Overweight | $50 → $52 |
| 2026-08-13 | Barclays | Target raised | Equal-Weight | $39 → $42 |
| 2026-08-12 | Scotiabank | Target lowered | Sector Outperform | $57 → $55 |
| 2026-08-11 | B of A Securities | Target lowered | Buy | $56 → $54 |
| 2026-07-21 | JP Morgan | Target lowered | Overweight | $58 → $50 |
| 2026-07-16 | Barclays | Target lowered | Equal-Weight | $41 → $39 |
| 2026-07-14 | Scotiabank | Target lowered | Sector Outperform | $63 → $57 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +23.5% | +126.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +23.6% | +17.7% |
| Volatility (annualized) | 46.7% | 38.3% |
| Max drawdown | -33.4% (Jan 2026→Jul 2026) | -43.0% (Apr 2022→Oct 2022) |

## Peers (Gold)
WPM (Wheaton Precious Metals Corp) USD 123.53 -6.54% · FNV (Franco-Nevada Corporation) USD 231.94 -4.74% · AEM (Agnico Eagle Mines Limited) USD 176.15 -5.98% · AU (AngloGold Ashanti PLC) USD 85.19 -6.89% · NEM (Newmont Corporation) USD 114.11 -2.62% · GFI (Gold Fields Limited) USD 35.14 -4.51%

## More
Full page: https://nexqual.com/B · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)


Other companies that name B in their own reports (relationship from B's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| partner | AngloGold Ashanti PLC (AU) | 20-F 2026-03-26 | "AngloGold Ashanti's joint venture at Kibali in the DRC is managed by the Company's joint venture partner, Barrick." |
| partner | Gold Royalty Corp. (GROY) | 20-F 2026-03-19 | "We hold a 1.5% NSR royalty and a 3.5% NPI royalty over the Ren Project ("Ren") in Elko County, Nevada, USA, which is part of Carlin Complex operated by Barrick Mining Corporation ("Barrick") and owned…" |
| partner | ROYAL GOLD INC (RGLD) | 10-K 2026-02-19 | "Newmont Corporation ("Newmont"), a party to joint ventures with Barrick Mining Corporation ("Barrick") on each of Pueblo Viejo and the mining operations operated by Nevada Gold Mines LLC ("NGM"), a jo…" |
| partner | NEWMONT Corp /DE/ (NEM) | 10-K 2026-02-19 | "For example, our joint ventures, including the joint venture that combined our and Barrick Mining Corporation's ("Barrick") respective Nevada operations, forming NGM, pursuant to the operating agreeme…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.80 | $0.94 | -15.1% | $5.13B | 14 |
| Next quarter (ends 2026-12-31) | $0.85 | $1.04 | -18.0% | $5.33B | 11 |
| Current fiscal year (ends 2026-12-31) | $3.56 | $3.76 | -5.3% | $20.95B | 20 |
| Next fiscal year (ends 2027-12-31) | $4.22 | $4.40 | -4.1% | $23.59B | 21 |