Barrick Mining Corporation (NYSE:B) is one of the most undervalued gold stocks to buy according to analysts. On February 10, Stifel raised its price target for Barrick Mining from C$65 to C$95 while maintaining a Buy rating. This sentiment was posted after the firm announced its Q4 2025 earnings results earlier on February 5. Barrick Mining Corporation (NYSE:B) saw a 45% sequential revenue increase, which was driven by higher production levels and a 21% rise in realized gold prices. This revenue totaled $ ...

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are significant, with data centers consuming as much energy as small cities, leading to concerns about power grid capacity and rising electricity prices [2][3] Investment Opportunity - A specific company is highlighted as a potential investment opportunity, possessing critical energy infrastructure assets that are essential for supporting the anticipated surge in energy demand from AI data centers [3][6] - This company is not a chipmaker or cloud platform but is positioned to benefit from the increasing need for electricity in the digital age [3][6] Energy Infrastructure - The company owns vital nuclear energy infrastructure assets, making it central to America's future power strategy [7] - It is capable of executing large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewable fuels [7] Financial Position - The company is noted for being debt-free and having a substantial cash reserve, amounting to nearly one-third of its market capitalization [8] - It also holds a significant equity stake in another AI-related company, providing investors with indirect exposure to multiple growth opportunities without a premium price [9] Market Perception - Wall Street is beginning to take notice of this company due to its undervalued status and its ability to capitalize on multiple market trends, including AI, energy, and tariffs [8][10] - The company is trading at less than seven times earnings, which is considered attractive given its connections to high-growth sectors [10] Future Trends - The ongoing AI infrastructure supercycle, the onshoring boom driven by tariffs, and a surge in U.S. LNG exports are all trends that the company is well-positioned to leverage [14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, further solidifying the importance of energy infrastructure in supporting this growth [12]

Earnings Overview - More than half of the S&P 500 companies have reported Q4 earnings, with 79% of the 293 companies beating expectations [1] - S&P earnings growth is projected to increase by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth [1] - Excluding the Magnificent Seven technology stocks, Q4 earnings are expected to rise by +4.6% [1] Economic Indicators - The Q4 employment cost index is expected to rise by 0.8% [2] - December retail sales are anticipated to increase by +0.4% month-over-month [2] - January nonfarm payrolls are expected to rise by +69,000, with the unemployment rate remaining at 4.4% [2] - January average hourly earnings are projected to increase by +0.3% month-over-month and +3.7% year-over-year [2] - Initial weekly unemployment claims are expected to decrease by -7,000 to 224,000 [2] - January CPI is expected to rise by +2.5% year-over-year [2] Market Movements - The S&P 500 Index is up +0.46%, the Dow Jones is up +0.09%, and the Nasdaq 100 is up +0.61% [6] - Overseas markets are also showing positive movements, with the Euro Stoxx 50 up +0.66% and Japan's Nikkei Stock 225 up +3.89% [7] Sector Performance - Chip makers and AI-infrastructure stocks have rebounded, with Nvidia up more than +3% and AMD, Broadcom, and Western Digital up more than +2% [12] - Mining stocks are performing well, with gold prices up more than +1% and silver prices up more than +6% [13] - AppLovin is up more than +13% after positive client performance news [13] - Oracle is up more than +9% following an upgrade to buy from neutral [14] Company-Specific News - Dynatrace reported Q3 revenue of $515.5 million, exceeding consensus estimates, and raised its full-year revenue forecast [15] - Kyndryl Holdings is down more than -54% after reporting lower-than-expected Q3 revenue and cutting its profit estimate [16] - Hims & Hers Health is down more than -23% after halting sales of a new product [17] - Monday.com is down more than -21% after forecasting lower Q4 revenue [17]

Core Viewpoint - Barrick Mining Corporation is experiencing mixed analyst sentiments, with UBS lowering its price target while CIBC raises its target significantly, reflecting differing outlooks on gold prices and market conditions [1][2]. Analyst Ratings and Price Targets - UBS has reduced its price target for Barrick Mining Corporation from $59 to $55 but maintains a Buy rating [1]. - CIBC has increased its price target from $50 to $71 and reiterated an Outperformer rating, citing higher gold price forecasts of $6,000 per ounce for 2026 and $6,500 for 2027 [2]. Strategic Developments - Barrick plans to spin off its top North American gold assets through an IPO, targeting late 2026 for the offering [3]. - The company aims to sell a minority stake of 10% to 15% in the new North American unit [3]. Valuation and Operational Context - The proposed IPO could be valued at over $60 billion, following operational challenges and a leadership shakeup, including the exit of former CEO Mark Bristow [4]. - The spinoff will include joint-venture interests in Nevada and a mine in the Dominican Republic, while higher-risk assets will remain with the parent company [4]. Company Overview - Barrick Mining Corporation is involved in the production of gold and copper, as well as exploration and mine development activities [5].

Core Insights - The article emphasizes the importance of fundamental analysis in evaluating companies and funds, focusing on operating and financial forecasts to drive valuations and ratings [1]. Group 1: Investment Strategy - The investment strategy involves selecting long-term potential opportunities based on financial statements and market analysis [1]. - The author manages a high yield Latam bond fund, indicating a focus on emerging market debt [1]. Group 2: Analyst's Position - The analyst holds a beneficial long position in shares of AUGO and ARMN, suggesting confidence in these companies' future performance [2]. - The article reflects the author's personal opinions and is not influenced by external compensation, ensuring an unbiased perspective [2]. Group 3: Seeking Alpha's Role - Seeking Alpha serves as a platform for diverse opinions from both professional and individual investors, highlighting the varied perspectives in investment analysis [3]. - The platform does not guarantee future results based on past performance, emphasizing the need for individual assessment of investment suitability [3].

Group 1 - Investors are showing a bullish stance on Barrick Mining, with significant options trades indicating potential insider knowledge of upcoming events [1] - The sentiment among large traders is 53% bullish and 30% bearish, with a total of $1,016,750 in call options and $58,535 in put options [2] - Major market movers are focusing on a price range between $20.0 and $65.0 for Barrick Mining over the last three months [3] Group 2 - Volume and open interest metrics are crucial for understanding liquidity and investor interest in Barrick Mining's options, particularly within the $20.0 to $65.0 strike price range over the past 30 days [4] - An expert from Scotiabank has set a price target of $63.0 for Barrick Mining, maintaining a Sector Outperform rating [6] - Barrick Mining's stock price is currently at $45.1, reflecting a 2.99% increase, with a trading volume of 9,741,740 [7]

Core Viewpoint - The article discusses the investment potential of Barrick Mining Corporation, highlighting a previous rating of "Buy" and the author's long-term investment strategy focused on intrinsic value [1]. Group 1: Company Overview - Barrick Mining Corporation was rated as the least favored among its peers nearly 10 months ago [1]. - The author has a beneficial long position in Barrick Mining shares, indicating confidence in the company's future performance [2]. Group 2: Investment Strategy - The investment approach emphasizes holding positions for the long term unless compelling reasons arise to sell [1]. - The focus is on maximizing total return over time by purchasing when prices are low relative to intrinsic value, regardless of asset class, market cap, sector, or yield [1].

Core Insights - Barrick Mining Corporation reported profits of $2,406 million or $1.43 per share for Q4 2025, a significant increase from $996 million or 57 cents per share in the same quarter last year. Adjusted earnings per share were $1.04, surpassing the Zacks Consensus Estimate of 85 cents [1][6] - Total sales reached $5,997 million, reflecting a 64.5% year-over-year increase, also exceeding the Zacks Consensus Estimate of $5,096.9 million [1][6] Operational Highlights - Gold production totaled 871,000 ounces in the reported quarter, down approximately 19.4% year over year. The average realized price of gold was $4,177 per ounce, up around 57.2% [2] - The cost of sales increased by about 33.3% year over year to $1,904 per ounce, while all-in-sustaining costs (AISC) rose 9% to $1,581 per ounce [2] Financial Position - At the end of the quarter, Barrick had cash and cash equivalents of $6,706 million, a 64.5% increase from the prior year. Total debt was $4,703 million, down 0.5% year over year [3] - Operating cash flow for the quarter was $2.73 billion, and free cash flow was $1.62 billion [3] Guidance - For 2026, Barrick anticipates attributable gold production in the range of 2.90-3.25 million ounces. AISC is projected at $1,760-$1,950 per ounce, with cash costs per ounce forecasted at $1,330-$1,470 [4] - The company expects copper production of 190,000-220,000 tons at AISC of $3.45-$3.75 per pound, with cash costs per ounce of $2.20-$2.45 and cost of sales of $3.05-$3.35 per pound for 2026 [4] Price Performance - Barrick's shares have increased by 156.2% over the past year, outperforming the industry's rise of 128.7% [5]

Group 1 - Barrick Mining Corporation is considered one of the most undervalued Canadian stocks by hedge funds, with CIBC raising its price target to $71 from $50 while maintaining an Outperform rating [1] - CIBC has significantly revised its gold price forecasts to $6,000 per ounce for 2026 and $6,500 for 2027, which influenced the price target adjustments for Barrick Mining [1] - Scotiabank also raised its price target for Barrick Mining to $63 from $43, reflecting higher forecasts for gold and silver due to ongoing economic and geopolitical uncertainty [4] Group 2 - CIBC has increased its copper price assumptions, noting that while demand drivers from 2025 are expected to continue, the outlook for 2026 is marked by increased geopolitical uncertainty [2] - Barrick Mining Corporation is involved in the exploration, development, production, and sale of mineral properties, focusing on gold, copper, silver, and energy materials [5]

Core Insights - Barrick Mining reported $6 billion in revenue for Q4 2025, a 64.5% year-over-year increase, with an EPS of $1.04 compared to $0.46 a year ago, exceeding revenue estimates by 17.66% and EPS estimates by 22.93% [1] Financial Performance - The revenue surprise of 17.66% over the Zacks Consensus Estimate of $5.1 billion indicates strong performance [1] - The EPS surprise of 22.93% over the consensus estimate of $0.85 reflects better-than-expected earnings [1] Key Metrics - Total cash costs per ounce of gold were reported at $1,205.00, higher than the estimated $1,185.27 [4] - Gold production was 871.00 Koz, slightly below the estimated 876.50 Koz [4] - All-in sustaining costs (AISC) for gold were $1,581.00, exceeding the average estimate of $1,554.55 [4] - Copper's all-in sustaining costs were reported at $3.61, above the estimated $2.87, while C1 cash costs for copper were $2.45, higher than the estimated $1.92 [4] Stock Performance - Barrick Mining shares returned +0.2% over the past month, compared to a +0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]