Barrick Mining (B) Gets Positive Updates from Analysts

Barrick Mining Corporation (NYSE:B) is one of the 13 Best Gold Mining Companies to Invest In Now. On December 7, Jefferies increased its price target on Barrick Mining Corporation (NYSE:B) from $46 to $55 while keeping its Buy rating. This update comes as part of a 2026 preview for the metals and mining group.

Jefferies analyst Fahad Tariq said that the firm is “bullish on gold equities” in 2026 because of “attractive valuations,” even when the firm is “neutral on gold.” Tariq pointed out that gold companies are set to grow margins and generate more free cash flow year-over-year in 2026, with no major cost inflation showing up yet. The research firm said that Barrick Mining Corporation (NYSE:B) is its “top pick among the large-cap gold miners.”

Earlier, on December 5, BNP Paribas Exane also upgraded its rating on Barrick Mining Corporation (NYSE:B) from Neutral to Outperform and increased its price target from $34.50 to $50. The research firm identified several recent developments at the company as potential catalysts for the next 12 months or beyond. These include a CEO change, resolution of issues in Mali, the Fourmile Preliminary Economic Assessment, and consideration of corporate actions.

As these catalysts unfold and overhangs go out of the picture in 2026, BNP Paribas Exane believes there is a strong rerating potential for Barrick Mining Corporation (NYSE:B). The firm has raised its EBITDA forecasts for the company for 2026 and 2027 by about 12% on average.

Barrick Mining Corporation (NYSE:B) is a leading mining, exploration, and development company with one of the strongest portfolios of gold and copper assets.

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Disclosure: None. This article is originally published at Insider Monkey.