15 Best Precious Metal Stocks to Buy According to Wall Street Analysts

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6. Barrick Mining Corporation (NYSE:B)

On April 28, 2026, Barrick Mining Corporation (NYSE:B) announced several executive appointments and provided an update on the planned IPO of a minority stake in a new company that will hold its North American gold assets. The company said a dedicated leadership team has already been working together for months and includes Tim Cribb as COO, Wessel Hamman as CFO, Joe Heckendorn as Chief Legal Officer and Corporate Secretary, Megan Tibbals as Chief Technical Officer, Richard Barley as Chief HR Officer, Javier Ortuzar as Vice President of Exploration, and Amanda Steensen as Vice President of Sustainability.

The new entity, North American Barrick, will hold four Tier One gold assets located in North America: the Carlin Mine, Cortez Mine, and Turquoise Ridge Mine operations within the Nevada Gold Mines complex, along with the Pueblo Viejo Mine. These assets produced roughly 2.0 million attributable ounces of gold in 2025. The company also said the new business will include its wholly owned Fourmile Project, which is located near Nevada Gold Mines and could eventually be contributed to the joint venture. Barrick said North American Barrick is expected to pursue a primary listing in New York and a secondary listing in Toronto, with the IPO still on track for completion by the end of 2026, subject to market conditions and regulatory approvals.

On April 21, 2026, CIBC lowered its price target on Barrick Mining Corporation (NYSE:B) to $63 from $67 while maintaining an Outperformer rating. The firm said a roughly 20% pullback in gold prices from January highs and shifting Federal Reserve rate expectations could support a rebound in gold prices. CIBC also said it remains constructive on base metals due to ongoing supply constraints.

Barrick Mining Corporation (NYSE:B) explores for and produces gold, copper, silver, and other energy-related materials.

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