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BBarrick Mining CorporationBuy Wait7.0·$39.69
Buy WaitModerate Confidence
Investment thesis

Barrick Mining carries the hallmarks of a wide-moat franchise — 25% return on equity, 32% margins, and a near-perfect Piotroski financial health score of 9 out of 9 — while trading at a forward P/E of 9.1x, leaving roughly 21% headroom to analyst targets and a risk/reward of about 3.3 to 1 in favor of bulls.

Thesis pillars

  • Technical Accumulation Above Trend↓Deteriorating
  • Wide Moat Quality Franchise→Stable
  • Valuation Discount To Analyst Targets→Stable
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026

Full reasoning →

Open full analysis

Barrick Mining Corporation (B) Stock Analysis

Range Bound setup · Sector Rotation edge

Buy WaitValueGrowthQualityModerate Confidence

Basic Materials · Gold

Wait for pullback to $38.20. Weak momentum — blocks BUY_NOW at $39.69. Engine's entry $38.20 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Below 200-day MA.

Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. It explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining... Read more

$39.69+13.6% A.UpsideScore 7.0/10#7 of 44 Gold
QualityF-score9 / 9FCF yield7.79%
IncomeYield1.78%(5y avg 2.17%)Payout23.77%sustainable
Entry $38.20(Atr Pullback Sticky)Stop $36.28Target $45.10(analyst − 10%)A.R:R 2.1:1
Analyst consensus$50.11+26.2%16 analysts
$45.10our TP
$39.69price
$50.11mean
$29
$59

Wait for pullback to $38.20. Weak momentum — blocks BUY_NOW at $39.69. Engine's entry $38.20 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Below 200-day MA. Chart setup: RSI 49 mid-range, Bollinger mid-band. Value play: 45% MoS with quality 8.9. (held at prior verdict — engine reading is near the momentum/RSI threshold; will commit on clearer signal). Score 7.0/10, moderate confidence.

Passes 8/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear, sector concentration cap sector=basic materials 2/3). Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-10-29
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Nov 9, 202610d to earnings· next earnings call

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=8.9 in RISK_OFF)
Strong overall score: 7.0/10
High-quality business
Risks
Sector modifier (Basic Materials): -0.1
Below 200-day MA

Key Metrics

P/E (TTM)10.3
P/E (Fwd)9.4
Mkt Cap$65.3B
EV/EBITDA5.7
Profit Mgn31.6%
ROE27.0%
Rev Growth43.8%
Beta1.14
Dividend1.78%
Rating analysts20

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C0.86neutral
IV54%elevated
Max Pain$54+36.1% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 ceiling hits

GatesMomentum 4.9<5.5 (soft — BUY_NOW allowed but watch)EARNINGS PROXIMITY 10d<=14d (soft)Momentum 4.9>=4.5A.R:R 2.1 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSECTOR CONCENTRATION CAP sector=Basic Materials 2/3Range BoundSuitability: Moderate
RSI
49 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MAGOLDEN CROSSSupport $37.40Resistance $41.34

Price Targets

$36
$38
$45
A.Upside+13.6%
A.R:R2.1:1

Position Sizing

ConvictionHigh conviction
Suggested %1.9%
Max %3.8%
RegimeRisk-Off

Analyst Consensus

Analysts20
Consensus4.1/5
Avg Target$50

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-11-09 (10d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is B stock a buy right now?

Wait for pullback to $38.20. Weak momentum — blocks BUY_NOW at $39.69. Engine's entry $38.20 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Below 200-day MA. Chart setup: RSI 49 mid-range, Bollinger mid-band. Value play: 45% MoS with quality 8.9. (held at prior verdict — engine reading is near the momentum/RSI threshold; will commit on clearer signal). Target $45.10 (+13.6%), stop $36.28 (−9.4%), A.R:R 2.1:1. Score 7.0/10, moderate confidence.

What is the B stock price target?

Take-profit target: $45.10 (+13.6% upside). Target $45.10 (+13.6%), stop $36.28 (−9.4%), A.R:R 2.1:1. Stop-loss: $36.28.

What are the risks of investing in B?

Sector modifier (Basic Materials): -0.1; Below 200-day MA.

Is B overvalued or undervalued?

Barrick Mining Corporation trades at a P/E of 10.3 (forward 9.4). TrendMatrix value score: 7.4/10. Verdict: Buy (Wait for Entry).

What do analysts say about B?

20 analysts cover B with a consensus score of 4.1/5. Average price target: $50.

What does Barrick Mining Corporation do?Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. It...

Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. It explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining Corporation in May 2025. Barrick Mining Corporation was founded in 1983 and is based in Toronto, Canada.

Related stocks: GFI (Gold Fields Limited) · KGC (Kinross Gold Corporation) · IAG (Iamgold Corporation) · HMY (Harmony Gold Mining Company Lim) · PAAS (Pan American Silver Corp.)
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