(B) Barrick Mining - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 70.020m USD | Total Return: 130.3% in 12m
Avg Turnover: 510M
EPS Trend: 98.8%
Qual. Beats: 2
Rev. Trend: 93.1%
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Barrick Mining Corporation, formerly Barrick Gold Corporation, is a Toronto-based mining major focused on the exploration, development, and production of gold, copper, silver, and energy materials. Operating since 1983, the company manages a diverse portfolio of mineral properties globally to capitalize on industrial and precious metal demand.
The company operates within the gold mining sector, a capital-intensive industry where profitability is heavily influenced by global spot prices and the geographic concentration of ore reserves. Unlike junior miners, senior producers like Barrick often integrate large-scale infrastructure to manage the entire lifecycle of a mine from discovery to reclamation. To explore how these operational factors influence long-term valuation, consider reviewing the detailed metrics available on ValueRay.
- Gold price fluctuations directly impact revenue and free cash flow generation
- Copper production growth at Lumwana and Reko Diq drives portfolio diversification
- All-in sustaining costs remain sensitive to global energy and labor inflation
- Geopolitical instability in African jurisdictions threatens consistent operational output and licensing
- Global central bank gold demand influences long-term asset valuation and stock performance
| Net Income: 6.10b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 6.11 > 1.0 |
| NWC/Revenue: 37.75% < 20% (prev 39.20%; Δ -1.45% < -1%) |
| CFO/TA 0.17 > 3% & CFO 9.01b > Net Income 6.10b |
| Net Debt (-2.37b) to EBITDA (12.6b): -0.19 < 3 |
| Current Ratio: 3.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.68b) vs 12m ago -2.90% < -2% |
| Gross Margin: 54.31% > 18% (prev 0.41%; Δ 5.39k% > 0.5%) |
| Asset Turnover: 37.66% > 50% (prev 27.64%; Δ 10.03% > 0%) |
| Interest Coverage Ratio: 29.93 > 6 (EBITDA TTM 12.6b / Interest Expense TTM 356.5m) |
| A: 0.14 (Total Current Assets 10.6b - Total Current Liabilities 3.48b) / Total Assets 52.8b |
| B: -0.01 (Retained Earnings -272.9m / Total Assets 52.8b) |
| C: 0.21 (EBIT TTM 10.7b / Avg Total Assets 50.4b) |
| D: 1.66 (Book Value of Equity 26.3b / Total Liabilities 15.9b) |
| Altman-Z'' = 4.04 = AA |
| DSRI: 0.69 (Receivables 720.4m/736.0m, Revenue 19.0b/13.3b) |
| GMI: 0.76 (GM 54.31% / 41.30%) |
| AQI: 0.97 (AQ_t 0.23 / AQ_t-1 0.24) |
| SGI: 1.43 (Revenue 19.0b / 13.3b) |
| TATA: -0.06 (NI 6.10b - CFO 9.01b) / TA 52.8b) |
| Beneish M = -3.27 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 42.55 with a total of 11,137,559 shares traded.
Over the past week, the price has changed by +3.51%,
over one month by +11.13%,
over three months by -15.79% and
over the past year by +130.28%.
Barrick Mining has received a consensus analysts rating of 4.09. Therefore, it is recommended to buy B.
- StrongBuy: 10
- Buy: 4
- Hold: 8
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 56.9 | 33.8% |
P/E Trailing = 11.5166
P/E Forward = 10.2249
P/S = 3.6767
P/B = 2.555
P/EG = 2.0398
Revenue TTM = 19.0b USD
EBIT TTM = 10.7b USD
EBITDA TTM = 12.6b USD
Long Term Debt = 4.67b USD (from longTermDebt, last quarter)
Short Term Debt = 61.2m USD (from shortTermDebt, last quarter)
Debt = 4.79b USD (from shortLongTermDebtTotal, last quarter) + Leases 47.0m
Net Debt = -2.37b USD (calculated: Debt 4.79b - CCE 7.15b)
Enterprise Value = 67.7b USD (70.0b + Debt 4.79b - CCE 7.15b)
Interest Coverage Ratio = 29.93 (Ebit TTM 10.7b / Interest Expense TTM 356.5m)
EV/FCF = 13.42x (Enterprise Value 67.7b / FCF TTM 5.04b)
FCF Yield = 7.45% (FCF TTM 5.04b / Enterprise Value 67.7b)
FCF Margin = 26.53% (FCF TTM 5.04b / Revenue TTM 19.0b)
Net Margin = 32.10% (Net Income TTM 6.10b / Revenue TTM 19.0b)
Gross Margin = 54.31% ((Revenue TTM 19.0b - Cost of Revenue TTM 8.68b) / Revenue TTM)
Gross Margin QoQ = 57.47% (prev 54.76%)
Tobins Q-Ratio = 1.28 (Enterprise Value 67.7b / Total Assets 52.8b)
Interest Expense / Debt = 7.45% (Interest Expense 356.5m / Debt 4.79b)
Taxrate = 23.14% (736.7m / 3.18b)
NOPAT = 8.20b (EBIT 10.7b * (1 - 23.14%))
Current Ratio = 3.06 (Total Current Assets 10.6b / Total Current Liabilities 3.48b)
Debt / Equity = 0.17 (Debt 4.79b / totalStockholderEquity, last quarter 27.4b)
Debt / EBITDA = -0.19 (Net Debt -2.37b / EBITDA 12.6b)
Debt / FCF = -0.47 (Net Debt -2.37b / FCF TTM 5.04b)
Total Stockholder Equity = 26.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.09% (Net Income 6.10b / Total Assets 52.8b)
RoE = 23.21% (Net Income TTM 6.10b / Total Stockholder Equity 26.3b)
RoCE = 34.49% (EBIT 10.7b / Capital Employed (Equity 26.3b + L.T.Debt 4.67b))
RoIC = 16.65% (NOPAT 8.20b / Invested Capital 49.3b)
WACC = 8.26% (E(70.0b)/V(74.8b) * Re(8.43%) + D(4.79b)/V(74.8b) * Rd(7.45%) * (1-Tc(0.23)))
Discount Rate = 8.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.22 | Cagr: -1.66%
[DCF] Terminal Value 77.97% ; FCFF base≈3.69b ; Y1≈4.23b ; Y5≈6.22b
[DCF] Fair Price = 57.30 (EV 93.6b - Net Debt -2.37b = Equity 96.0b / Shares 1.68b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.82 | EPS CAGR: 72.52% | SUE: 2.89 | # QB: 2
Revenue Correlation: 93.08 | Revenue CAGR: 194.2% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.87 | Chg30d=+3.20% | Revisions=+20% | Analysts=9
EPS next Quarter (2026-09-30): EPS=1.06 | Chg30d=+3.54% | Revisions=+11% | Analysts=9
EPS current Year (2026-12-31): EPS=4.08 | Chg30d=+9.60% | Revisions=+67% | GrowthEPS=+68.7% | GrowthRev=+32.2%
EPS next Year (2027-12-31): EPS=4.67 | Chg30d=+6.08% | Revisions=+53% | GrowthEPS=+14.5% | GrowthRev=+10.7%
[Analyst] Revisions Ratio: +67%