Barrick Mining (B) Trades Near Its 52-Week Amid Strong Share Price Surge in 2025

Barrick Mining Corporation (NYSE:B) is one of the 12 cheap gold stocks to buy now.

On December 12, 2025, Barrick Mining Corporation (NYSE:B), one of the two largest gold producers, alongside Newmont Corporation, surged to its new 52-week high of $44.07 before closing at $43.09. The stock has seen a strong rally in the past year, returning roughly 180% in 2025 alone and over 20% in the past month.

On December 7, 2025, The Fly reported that Jefferies revisited Barrick Mining Corporation (NYSE:B), raising its price target from $46 to $55, while reaffirming a “Buy” rating. In his new sector preview, Fahad Tariq noted that Barrick is the firm’s top pick among large-cap gold miners, reflecting the gold miner’s estimated 12% free cash flow yield and multiple growth and value-unlocking drivers.

Meanwhile, Barrick Mining Corporation (NYSE:B) announced a potential portfolio initiative on December 1, 2025. Its board authorized management to explore an initial public offering (IPO) of a subsidiary controlling the company’s premier North American gold assets. This proposed entity will hold interests in Nevada Gold Mines, Pueblo Viejo, and the Fourmile discovery. Barrick will remain the controlling stakeholder if an IPO proceeds.

Furthermore, Barrick Mining Corporation (NYSE:B)’s recent efforts to streamline its portfolio include the November 26 completion of the divestiture of the Hemlo Gold Mine in Canada for up to $1.09 billion in consideration. Additionally, on December 2, 2025, the company completed the sale of its Tongon mine interests in Cote d’Ivoire for up to $305 million.

Barrick Mining Corporation (NYSE:B), a Toronto-based global miner, focuses on gold and copper. Its exploration, development, and production assets span multiple regions worldwide.

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Disclosure: None.