Barrick Mining Corporation
About: Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Employees: 26,800
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
42% more call options, than puts
Call options by funds: $1.2B | Put options by funds: $847M
5% more capital invested
Capital invested by funds: $19.2B [Q1] → $20.2B (+$1.05B) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 230
0.55% less ownership
Funds ownership: 57.2% [Q1] → 56.66% (-0.55%) [Q2]
4% less funds holding
Funds holding: 734 [Q1] → 706 (-28) [Q2]
12% less first-time investments, than exits
New positions opened: 114 | Existing positions closed: 129
24% less funds holding in top 10
Funds holding in top 10: 25 [Q1] → 19 (-6) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Scotiabank
Tanya Jakusconek
|
$26
|
Sector Perform
Maintained
|
13 Aug 2025 |
CIBC
|
$28
|
Neutral
Maintained
|
15 Jul 2025 |
Financial journalist opinion
Based on 20 articles about B published over the past 30 days