Rising Gold Price Boosted Barrick Mining Corporation (B) in Q3

3 days ago 2

Soumya Eswaran

Thu, November 13, 2025 astatine 6:48 AM CST 3 min read

Ariel Investments, an concern absorption company, released its “Ariel Focus Fund” third-quarter capitalist letter. A transcript of the missive tin beryllium downloaded here. US equities accrued importantly successful the 3rd quarter, driven by the Federal Reserve’s archetypal complaint cut, beardown firm net growth, and broadening marketplace participation. In this environment, the money accrued by 20.76%, outperforming the 5.33% summation for the Russell 1000 Value Index and the 8.12% instrumentality for the S&P 500 Index. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Ariel Focus Fund highlighted stocks specified arsenic Barrick Mining Corporation (NYSE:B). Barrick Mining Corporation (NYSE:B) is simply a mining institution engaged successful the exploration, development, production, and merchantability of mineral properties. The one-month instrumentality of Barrick Mining Corporation (NYSE:B) was 7.64%, and its shares gained 122.33% of their worth implicit the past 52 weeks. On November 12, 2025, Barrick Mining Corporation (NYSE:B) banal closed astatine $37.33 per share, with a marketplace capitalization of $62.992 billion.

Ariel Focus Fund stated the pursuing regarding Barrick Mining Corporation (NYSE:B) successful its 3rd 4th 2025 capitalist letter:

"Shares of golden mining company, Barrick Mining Corporation (NYSE:B) besides jumped successful the 4th connected beardown fiscal results buoyed by rising golden prices. The institution besides announced the strategical divestiture of its Hemlo Gold Mine to Carcetti Capital for $1.09 billion, a determination aimed astatine 1The Magnificent Seven see Nvidia, Alphabet, Meta Platforms, Microsoft, Tesla, Apple and Amazon.com. streamlining its plus portfolio and sharpening operational focus. Barrick’s coagulated liquidity presumption continues to underpin its committedness to shareholder returns, reflected successful ongoing dividends and stock repurchase activity. In a notable enactment transition, President and CEO Mark Bristow volition measurement down aft astir 7 years of service. The institution has initiated a ceremonial hunt for his successor."

Barrick Mining Corporation (NYSE:B) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 53 hedge money portfolios held Barrick Mining Corporation (NYSE:B) astatine the extremity of the 2nd quarter, up from 46 successful the erstwhile quarter. While we admit the imaginable of Barrick Mining Corporation (NYSE:B) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.