Barrick Mining Stock: Major Investor Jumps In – What’s Next for 2025?
- Why Is Barrick Mining’s Stock Skyrocketing?
- Who’s Betting Big on Barrick?
- The IPO Play: Genius or Gamble?
- Strong Earnings, Weak Production: A Red Flag?
- Technical Check: Is the Rally Overextended?
- Buy, Hold, or Sell? The BTCC Take
- FAQs
Barrick Mining’s stock has been on a tear this year, fueled by record Gold prices and a strategic overhaul. With a heavyweight investor like Oaktree Capital pouring millions into the company and whispers of a North American IPO, the stakes have never been higher. But is the rally sustainable? We break down the numbers, the risks, and whether now’s the time to buy or bail.
Why Is Barrick Mining’s Stock Skyrocketing?
Barrick Mining (TSE: ABX) has been the golden child of 2025, with shares more than doubling since January. The surge isn’t just luck—gold prices recently hit a historic high of $4,223 per ounce, padding margins for producers. But the real buzz? Institutional investors are piling in. Oaktree Capital dropped $65.74 million on 3.1 million shares, while Westwood Holdings Group upped its stake by 76% last quarter. Clearly, the big players see more upside, even after this year’s monster run.
Who’s Betting Big on Barrick?
Oaktree isn’t alone. Hedge funds and asset managers are treating Barrick like a blue-chip stock, not a volatile miner. The BTCC research team notes this institutional confidence often signals long-term growth potential. But here’s the kicker: Barrick’s management is cooking up something bigger. Rumor has it they’re prepping a North American IPO for premium assets like Nevada Gold Mines and Pueblo Viejo—a MOVE that could unlock hidden value.
The IPO Play: Genius or Gamble?
Dubbed “NewCo,” the proposed spin-off WOULD bundle Barrick’s safest, highest-margin projects, distancing them from riskier operations in geopolitically shaky regions. The board greenlit the plan this week, aiming to woo investors who crave stability. Think of it like Apple spinning off its iPhone division—except here, it’s gold mines instead of gadgets. If executed well, this could be a masterstroke. If not? A messy divorce nobody wants.
Strong Earnings, Weak Production: A Red Flag?
Financially, Barrick’s crushing it: Q3 earnings hit $0.58/share (beating estimates), revenue jumped 23% to $4.19 billion, and free cash Flow hit $1.5 billion. But dig deeper, and cracks emerge. Production is expected to drop to 3.15–3.5 million ounces in 2025, with costs climbing to $1,560/ounce. That’s a problem when gold prices eventually cool off. For now, though, investors are brushing it off, thanks to Barrick’s aggressive stock buybacks and that juicy $4K+ gold price.
Technical Check: Is the Rally Overextended?
At CAD 57.11, Barrick’s stock is up 150% YTD—a blistering pace. Chartists will note it’s holding steady above key moving averages, suggesting the uptrend isn’t dead yet. But February 2026 looms large: that’s when management must deliver concrete spin-off details. Miss that deadline, and the rally could unravel faster than a cheap sweater.
Buy, Hold, or Sell? The BTCC Take
Our analysts lean bullish, but with caveats. The IPO could be a game-changer, and gold’s momentum is undeniable. Yet, those rising costs and production dips are hard to ignore. If you’re in already, maybe hold tight. If not? Wait for a pullback—this stock’s had quite the sprint.
FAQs
What’s driving Barrick Mining’s stock surge?
Record gold prices ($4,223/oz), institutional buying (like Oaktree’s $65M investment), and plans for a North American asset spin-off.
When will Barrick announce IPO details?
Management aims to provide updates by February 2026. Mark your calendars.
Should I buy Barrick stock now?
It depends on your risk tolerance. The BTCC team suggests waiting for a dip if you’re new—this rally’s been steep.
