Barrick Mining Corporation (NYSE:B) is one of the Best Performing Foreign Stocks to Buy Now. The company topped estimates for its fiscal Q4 2025 earnings released on February 5. Wall Street maintains its bullish stance, with analysts’ 12-month price target reflecting more than 22% upside from the current level.
Recently, on February 10, Ralph M. Profiti from Stifel Nicolaus reiterated a Buy rating on the stock and raised the price target from $47.73 to $69.76. Earlier, on February 6, D.A. Davidson also raised the price target from $53 to $60 and maintained a Buy rating on Barrick Mining Corporation (NYSE:B).
The company grew its quarterly revenue by 64.53% year-over-year to $6 billion, surpassing estimates by $833.43 million. Moreover, the EPS of $1.04 also topped consensus by $0.16. Management reported 5% subsequent increase in production to 871,000 ounces and attributed the performance to being driven by increased unit demand and higher prices. As a result of higher prices of gold, the company delivered its highest-ever net earnings per share of $1.43, up 88% quarter-over-quarter.
Looking ahead, management expects to produce 2.90–3.25 million ounces of gold and 190,000–220,000 tonnes of copper in 2026.
Barrick Mining Corporation (NYSE:B) 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.
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Disclosure: None. This article is originally published at Insider Monkey.
