12 Most Undervalued Stocks to Invest In

9. Barrick Mining Corporation (NYSE:B)

On May 21, 2026, Barclays analyst Richard Garchitorena initiated coverage of Barrick Mining Corporation (NYSE:B) with an Equal Weight rating and a $41 price target. Meanwhile, UBS raised the firm’s price target on Barrick Mining Corporation (NYSE:B) to $54 from $50 and maintained a Buy rating on the shares.

On May 11, 2026, Barrick Mining Corporation (NYSE:B) reported Q1 adjusted EPS of 98c, ahead of the consensus estimate of 81c. Revenue totaled $5.22B, above the consensus estimate of $4.84B. President and CEO Mark Hill said Barrick started the year with “another strong quarter,” citing performance ahead of plan on both gold production and costs. Hill also pointed to progress at Lumwana and Fourmile, improved safety, and the planned North American Barrick IPO.

Barrick Mining said it remains on track to meet 2026 guidance. Gold production guidance continues to be 2.90-3.25 million ounces, with 730,000-770,000 ounces expected in the second quarter and further increases expected in Q3 and Q4. Copper production guidance remains unchanged at 190,000-220,000 tonnes, with copper COS of $3.05-$3.35 per pound, C1 cash costs of $2.20-$2.45 per pound, and AISC of $3.45-$3.75 per pound.

Barrick Mining Corporation (NYSE:B) explores, develops, produces, and sells mineral properties, including gold, copper, silver, and energy materials.