Verition Fund Management 13F: Cuts B Stake by $15M

Verition Cuts Barrick Mining Position

Verition Fund Management trimmed its holdings in Barrick Mining Corporation NYSE:B significantly during the period, according to a recent Form 13F filing with the Securities and Exchange Commission. The fund cut its position by 58.5%, selling off 370,884 shares. That left the investor holding 262,991 shares at the close of the reporting period. The remaining stake carried a reported value of about $10.6 million. Because 13F filings look backward, this snapshot reflects holdings as of the reporting date and may not match the fund's current position.

Stock Trades Below Moving Averages

Shares of Barrick Mining Corporation recently changed hands around $40.14. That places the stock below its 50-day moving average of $41.38 and its 200-day moving average of $42.76. Over the past year, the shares have moved between a low of $30.35 and a high of $54.69. The company has a price-to-earnings ratio of 11.0 and a forward P/E of 9.7.

Recent Earnings Power Profitability

The mining firm posted strong financial results recently, generating $20.65 billion in revenue alongside a net margin of 31.6% and a return on equity of 27.0%. Earnings per share came in at $3.87, supported by a 43.8% increase in revenue growth. Investors will look ahead to the company's next earnings report on November 9, 2026, for updated figures.

Dividend Payments Continue

Barrick Mining Corporation currently pays an annual dividend rate of $0.70 per share, giving the stock a dividend yield of 1.62%. That payout is backed by a conservative dividend payout ratio of 23.77%, meaning the company uses less than a quarter of its earnings to fund the distribution.

Analysts Set New Price Targets

Wall Street firms continue to adjust their outlooks on the gold producer. On October 16, 2026, CIBC downgraded the stock to a neutral rating with a $49.00 price target. Earlier on September 16, 2026, RBC Capital maintained an outperform rating while raising its price target to $53.00. Bernstein also maintained an outperform rating on September 9, 2026, adjusting its target to $56.50. Overall, the stock holds a consensus buy rating with a mean price target of $51.70 across 16 analyst opinions.

Inside Barrick Mining Operations

Barrick Mining Corporation explores, develops, and produces mineral properties with a focus on gold, copper, silver, and energy materials. Based in Toronto, Canada and founded in 1983, the company changed its name from Barrick Gold Corporation to Barrick Mining Corporation in May 2025. Institutional adjustments like Verition's reduction occur regularly as portfolio managers reallocate capital across basic materials.

What to Watch Next for Verition and Barrick

Investors tracking Verition Fund Management will watch future SEC filings to see if the fund continues trimming its basic materials exposure or stabilizes its position. Meanwhile, market participants will monitor upcoming macroeconomic data affecting gold prices and prepare for Barrick's next scheduled financial release in November. These disclosures provide ongoing insight into how major institutional players manage their mining holdings.