Mondrian Investment Partners 13F: Cuts B Stake by $4.3M

Mondrian Investment Partners trimmed its holdings in Barrick Mining Corporation (NYSE:B) by 106,549 shares during the quarter, according to a Form 13F filing with the U.S. Securities and Exchange Commission on October 23, 2026.

B Barrick Mining Corporation

$38.33 ▼ -11.60% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's Barrick Mining Position

The institutional investor lowered its position by 8.1%, moving from 1,318,821 shares down to 1,212,272 shares. The remaining stake carried a reported value of $49,303,090 at the time of the filing. Barrick closed at $38.14 on the filing date.

Other Institutional Activity in Barrick Mining

Other large investors adjusted their positions in the gold producer around the same time. Quilter grew its holdings by 65,033 shares, ending with 118,616 shares worth about $6,864,308. Ninety One SA (Pty) grew its stake by 738,667 shares to finish with 772,894 shares valued at about $31,595,413. Ninety One UK lifted its holdings by 1,640,224 shares, holding 14,143,606 shares worth approximately $575,220,464. Lpl Financial added 94,113 shares to reach 840,918 shares valued at about $33,922,632. Trexquant Investment added 7,505 shares for a total of 752,450 shares worth roughly $27,637,488.

Barrick Mining Corporation Stock Down 6.3%

Barrick shares recently traded around $38.20, which is about equal to its closing price on the filing date. The stock trades below its 50-day moving average of $42.73 and its 200-day moving average of $42.43. The share price sits roughly 30.2% below its 52-week high of $54.69 and about 23.3% above its 52-week low of $30.98.

Recent Earnings

Barrick Mining reported $20.65 billion in trailing twelve-month revenue and earnings of $3.87 per share. The company posted a net profit margin of 31.6% alongside a return on equity of 27.0%. The company's next earnings report is scheduled for November 9, 2026.

Dividend

The company pays an annual dividend rate of $0.70 per share, yielding 1.81% with a payout ratio of 23.8%.

Analysts Set New Price Targets

Analyst coverage includes several recent rating updates and price target adjustments. On September 9, 2026, Bernstein maintained its outperform rating while lowering its price target from $61.00 to $56.50. RBC Capital maintained its outperform rating on September 16, 2026, raising its target from $49.00 to $53.00. CIBC downgraded the stock to neutral with a $49.00 target on October 16, 2026. JP Morgan maintained an overweight rating on October 21, 2026, lifting its target from $52.00 to $55.00. Freedom Broker lowered its rating to hold on October 22, 2026, cutting its price target from $54.00 to $46.00. Overall, the stock carries a consensus buy rating from 16 analysts, with a mean price target of $50.11.

About Barrick Mining

Barrick Mining Corporation operates in the basic materials sector, focusing on the exploration, development, and production of mineral properties with a primary emphasis on gold and copper. Headquartered in Toronto, Canada, the company operates mining assets across multiple continents.

Bottom Line

Institutional adjustments like this one highlight how large fund managers manage sector exposure as commodity prices fluctuate. Investors will look toward the company's upcoming earnings release on November 9, 2026, for fresh details on production volumes and cash flow generation.