Barrick Mining Corp [B] stock prices are up 0.90% to $21.22 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The B shares have gain 1.53% over the last week, with a monthly amount drifted -1.71%, and not 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.
The stock price of Barrick Mining Corp [B] has been fluctuating between $15.11 and $21.70 over the past year. 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 $21.22 at the most recent close of the market. An investor can expect a potential return of 124.65% based on the average B price forecast.
Analyzing the B fundamentals
The Barrick Mining Corp [NYSE:B] reported sales of 13.27B for trailing twelve months, representing a surge of 12.84%. 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 20.96 points at the first support level, and at 20.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.48, and for the 2nd resistance point, it is at 21.74.
Ratios To Look Out For
It’s worth pointing out that Barrick Mining Corp [NYSE:B]’s Current Ratio is 2.87. On the other hand, the Quick Ratio is 2.16, and the Cash Ratio is 1.47. Considering the valuation of this stock, the price to sales ratio is 2.75, the price to book ratio is 1.49 and price to earnings (TTM) ratio is 15.94.
