Currently, Barrick Mining Corp [B] is trading at $20.32, up 6.05%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The B shares have gain 6.55% over the last week, with a monthly amount glided 10.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, UBS upgraded its rating to Buy on March 05, 2025, and kept the price target unchanged to $22. On January 27, 2025, downgrade downgraded it’s rating to Neutral and revised its price target to $18 on the stock. Scotiabank downgraded its rating to a Sector Perform. CIBC downgraded its rating to a Neutral. UBS downgraded its rating to Neutral for this stock on October 30, 2024, and downed its price target to $22. In a note dated August 29, 2024, Argus upgraded an Buy rating on this stock.
This stock has fluctuated between a low of $15.11 and a high of $21.35 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $47.67 within the next 12 months. Barrick Mining Corp [NYSE: B] shares were valued at $20.32 at the most recent close of the market. An investor can expect a potential return of 134.6% based on the average B price forecast.
Analyzing the B fundamentals
Trailing Twelve Months sales for Barrick Mining Corp [NYSE:B] were 13.27B which represents 12.84% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.72 points at the first support level, and at 19.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.64, and for the 2nd resistance point, it is at 20.95.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Barrick Mining Corp [NYSE:B] is 2.87. Also, the Quick Ratio is 2.16, while the Cash Ratio stands at 1.47. Considering the valuation of this stock, the price to sales ratio is 2.63, the price to book ratio is 1.43 and price to earnings (TTM) ratio is 15.26.
