Upside case
Bull case
$71+76.3%
B would need investors to value it at roughly 19x earnings — about 8x more generous than today's 11x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Barrick Mining Corporation (B) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
22
analysts
15 bullish · 0 bearish · 22 covering B
Strong Buy
0
Buy
15
Hold
7
Sell
0
Strong Sell
0
Consensus Target
$55
+37.0% vs today
Scenario Range
$34 – $71
Model bear to bull value window
Coverage
22
Published analyst ratings
Valuation Context
10.5x
Forward P/E · Market cap $67.6B
B price targets
Three scenarios for where B stock could go
Current
~$40
Confidence
51 / 100
Updated
Jun 18, 2026
Where we are now
Current · $40
Bear
$34
Base
$54
Bull
$71
Market caseClosest to today
Base case
$54+33.8%
At 14x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$34-15.7%
If investor confidence fades or macro conditions deteriorate, a 2x multiple contraction could push B down roughly 16% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Barrick Mining Corporation
B · NYSEBasic MaterialsGoldDecember year-end
Barrick Mining Corporation is a global gold and copper mining company that explores for, develops, and produces precious and base metals. It generates revenue primarily from gold sales (roughly 75% of revenue) and copper sales (roughly 25%), with additional contributions from silver and other by-products. The company's competitive advantage lies in its portfolio of tier-one assets—large, long-life mines with low costs—and its operational expertise in complex mining jurisdictions.
Market Cap
$67.6B
Revenue TTM
$19.0B
Net Income TTM
$6.1B
Net Margin
32.1%
B Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
75%Exceptional
12 quarters tracked
Revenue Beat Rate
67%Exceptional
vs consensus estimates
Avg EPS Surprise
+12.8%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$0.47/$0.47
Revenue
$3.7B/$3.7B
Q4 2025
EPS
$0.58/$0.57
Revenue
$4.2B/$4.4B
Q1 2026
EPS
$1.04/$0.85
Revenue
$6.0B/$5.2B
Q2 2026
EPS
$0.98/$0.74
Revenue
$5.1B/$4.7B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.47/$0.47 | +0.0% | $3.7B/$3.7B | +2.1% |
| Q4 2025 | $0.58/$0.57 | +1.8% | $4.2B/$4.4B | -5.2% |
| Q1 2026 | $1.04/$0.85 | +22.4% | $6.0B/$5.2B | +14.8% |
| Q2 2026 | $0.98/$0.74 | +32.4% | $5.1B/$4.7B | +7.9% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$21.2B
+11.4% YoY
FY2
$23.8B
+12.3% YoY
EPS Outlook
FY1
$3.71
+1.8% YoY
FY2
$3.93
+6.2% YoY
Trailing FCF (TTM)$5.0B
FCF Margin: 26.5%
Next Earnings
August 10, 2026
Expected EPS
$0.83
Expected Revenue
$5.1B
B beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
B Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2023
Total disclosed revenue $1.5B
Product Mix
Latest annual revenue by segment or product family
Molding Solutions Products
28.2%
+1.5% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Americas
54.8%
+19.6% YoY
Tap, hover, or focus a slice to inspect segment detail.
Molding Solutions Products is the largest disclosed segment at 28.2% of FY 2023 revenue, up 1.5% YoY.
Americas is the largest reported region at 54.8%, up 19.6% YoY.
B Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Fair versus peers
Fair value est. $42 — implies +4.5% from today's price.
Upside to Fair Value
4.5%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
B
13.8x
vs
S&P 500
24.4x
44% discount
vs Basic Materials Trailing P/E
B
13.8x
vs
Basic Materials
23.6x
42% discount
vs B 5Y Avg P/E
Today
13.8x
vs
5Y Average
11.0x
+25% premium
Forward PE
10.5x
S&P 500
18.8x
-44%
Basic Materials
14.9x
-29%
5Y Avg
—
—
Trailing PE
13.8x
S&P 500
24.4x
-44%
Basic Materials
23.6x
-42%
5Y Avg
11.0x
+25%
PEG Ratio
0.73x
S&P 500
1.66x
-56%
Basic Materials
1.23x
-40%
5Y Avg
—
—
EV/EBITDA
6.5x
S&P 500
15.2x
-57%
Basic Materials
11.0x
-41%
5Y Avg
6.0x
+9%
Price/FCF
18.3x
S&P 500
20.7x
-12%
Basic Materials
29.0x
-37%
5Y Avg
35.2x
-48%
Price/Sales
4.0x
S&P 500
3.1x
+29%
Basic Materials
1.9x
+112%
5Y Avg
2.9x
+35%
Dividend Yield
1.29%
S&P 500
1.91%
-32%
Basic Materials
1.41%
-8%
5Y Avg
2.34%
-45%
| Metric | B | S&P 500 | Basic Materials | 5Y Avg B |
|---|---|---|---|---|
| Forward PE | 10.5x | 18.8x-44% | 14.9x-29% | — |
| Trailing PE | 13.8x | 24.4x-44% | 23.6x-42% | 11.0x+25% |
| PEG Ratio | 0.73x | 1.66x-56% | 1.23x-40% | — |
| EV/EBITDA | 6.5x | 15.2x-57% | 11.0x-41% | 6.0x |
| Price/FCF | 18.3x | 20.7x-12% | 29.0x-37% | 35.2x-48% |
| Price/Sales | 4.0x | 3.1x+29% | 1.9x+112% | 2.9x+35% |
| Dividend Yield | 1.29% | 1.91% | 1.41% | 2.34% |
B trades above S&P 500 benchmarks on 1 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolB Financial Health
Verdict
Exceptional
B generates $5.0B in free cash flow at a 26.5% margin — 17.8% ROIC signals a durable competitive advantage · returns 3.5% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$19.0B
Revenue Growth
TTM vs prior year
+42.8%
Gross Margin
Gross profit as a share of revenue
54.3%
Operating Margin
Operating income divided by revenue
51.6%
Net Margin
Net income divided by revenue
32.1%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$3.64
Free Cash Flow (TTM)
Cash generation after capex
$5.0B
FCF Margin
FCF as share of revenue — the primary cash quality signal
26.5%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
17.8%
ROA
Return on assets, trailing twelve months
12.2%
Cash & Equivalents
Liquid assets on the balance sheet
$6.7B
Net Cash
Cash exceeds total debt — no net leverage
$2.0B
Debt Serviceability
Net debt as a multiple of annual free cash flow
Net cash ✓
ROE
Return on equity, trailing twelve months
17.4%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
3.5%
Dividend
1.3%
Buyback
2.2%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$1.5B
Dividend / Share
Annualized trailing dividend per share
$0.52
Payout Ratio
Share of earnings distributed as dividends
17.8%
Shares Outstanding
Declining as buybacks retire shares
1.7B
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageB Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 17, 2026
High Risk
Production Guidance
Barrick's 2026 gold production guidance was lower than the previous year, impacting investor confidence.
High Risk
Commodity Pressure
The selloff appears tied to commodity-driven pressure and investor reassessment of the company's forward outlook.
Medium
Geopolitical Delays
Barrick Mining Corporation faces geopolitical delays affecting operations.
Medium
JV Disputes
Joint venture disputes are posing challenges to Barrick's operational stability.
Lower
Valuation Concerns
Barrick Mining trades below bear case return floor and fails to meet base case hurdles, indicating valuation concerns.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why B Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 17, 2026
Leading global mining portfolio
Barrick has one of the largest portfolios of world-class and long-life gold and copper assets in the industry, spanning 17 countries and five continents.
Largest US gold producer
Barrick is the largest gold producer in the United States, giving it significant market dominance in a key region.
Diversified commodity exposure
The company's operations in both gold and copper provide diversified exposure to multiple valuable commodities.
Extensive SEC filings history
Barrick has a complete SEC filing history through 2026, offering transparency and detailed financial information for investors.
Analyst price target coverage
The stock receives regular analyst coverage with detailed revenue and earnings estimates, providing investment guidance.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
B Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$40.34
52W Range Position
58%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$20.35
+98.2% from the low
52-Week High
$54.69
-26.2% from the high
1 Month
-0.69%
3 Month
-0.30%
YTD
-8.5%
1 Year
+90.9%
3Y CAGR
+36.0%
5Y CAGR
+14.2%
10Y CAGR
+7.4%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
B vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
10.5x
vs 9.0x median
+18% above peer median
Revenue Growth
+11.4%
vs +13.7% median
-17% below peer median
Net Margin
32.1%
vs 31.1% median
+3% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
B B Barrick Mining Corporation | $67.6B | 10.5x | +11.4% | 32.1% | Buy | +37.0% |
NEM NEM Newmont Corporation | $115.0B | 10.1x | +16.2% | 30.5% | Buy | +38.1% |
AEM AEM Agnico Eagle Mines Limited | $83.5B | 12.2x | +15.7% | 37.5% | Buy | +48.9% |
GFI GFI Gold Fields Limited | $34.5B | 6.9x | +11.3% | 23.2% | Hold | +53.2% |
KGC KGC Kinross Gold Corporation | $31.9B | 8.8x | +13.7% | 36.0% | Buy | +70.0% |
AU AU AngloGold Ashanti Plc | $45.9B | 9.0x | +11.9% | 31.1% | Buy | +62.9% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
B Dividend and Capital Return
B returns capital mainly through $1.5B/year in buybacks (2.2% buyback yield), with a modest 1.29% dividend — combining for 3.5% total shareholder yield.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
3.5%
Dividend + buyback return per year
Buyback Yield
2.2%
Dividend Yield
1.29%
Payout Ratio
17.8%
How B Splits Its Return
Div 1.29%
Buyback 2.2%
Dividend 1.29%Buybacks 2.2%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.52
Growth Streak
Consecutive years of dividend increases
1Y
3Y Div CAGR
-6.9%
5Y Div CAGR
11.1%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$1.5B
Estimated Shares Retired
37M
Approx. Share Reduction
2.2%
Shares Outstanding
Current diluted share count from the screening snapshot
1.7B
At 2.2%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.59 | — | — | — |
| 2025 | $0.52 | +31.2% | 2.0% | 3.2% |
| 2024 | $0.40 | 0.0% | 1.8% | 4.4% |
| 2023 | $0.40 | -38.5% | 0.0% | 2.2% |
| 2022 | $0.65 | -16.8% | 1.4% | 5.3% |
FAQ
7 questionsB Investor Questions
Common questions answered from live analyst data and company financials.
01Is Barrick Mining Corporation (B) stock a buy or sell in 2026?
Barrick Mining Corporation (B) is rated Buy by Wall Street analysts as of 2026. Of 22 analysts covering the stock, 15 rate it Buy or Strong Buy, 7 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $55, implying +37.0% from the current price of $40. The bear case scenario is $34 and the bull case is $71.
02What is the B stock price target for 2026?
The Wall Street consensus price target for B is $55 based on 22 analyst estimates. The high-end target is $63 (+56.2% from today), and the low-end target is $41 (+1.6%). The base case model target is $54.
03Is Barrick Mining Corporation (B) stock overvalued in 2026?
B trades at 10.5x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals fair versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Barrick Mining Corporation (B) stock in 2026?
The primary risks for B in 2026 are: (1) Production Guidance — Barrick's 2026 gold production guidance was lower than the previous year, impacting investor confidence. (2) Commodity Pressure — The selloff appears tied to commodity-driven pressure and investor reassessment of the company's forward outlook. (3) Geopolitical Delays — Barrick Mining Corporation faces geopolitical delays affecting operations. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Barrick Mining Corporation's revenue and earnings forecast?
Analyst consensus estimates B will report consensus revenue of $21.2B (+11.4% year-over-year) and EPS of $3.71 (+1.8% year-over-year) for the upcoming fiscal year. The following year, analysts project $23.8B in revenue.
06When does Barrick Mining Corporation (B) report its next earnings?
Barrick Mining Corporation is expected to report its next earnings on approximately 2026-08-10. Consensus expects EPS of $0.83 and revenue of $5.1B. Over recent quarters, B has beaten EPS estimates 75% of the time.
07How much free cash flow does Barrick Mining Corporation generate?
Barrick Mining Corporation (B) generated $5.0B in free cash flow over the trailing twelve months — a free cash flow margin of 26.5%. B returns capital to shareholders through dividends (1.3% yield) and share repurchases ($1.5B TTM).