Barrick Mining stock trades 22.7 percent below its 52-week high

Published on 09/25/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barrick Mining stock faces labor disruption risk from September 28, 2026, at its Mali complex. Q2 revenue reached USD 5.292 billion, up 44 percent year over year.

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Barrick Mining stock was trading at USD 42.27 on the NYSE on September 25, 2026, at 10:13 a.m. ET, 22.7 percent below its 52-week high of USD 54.69. The immediate company issue is operational: strike notices at the Loulo-Gounkoto complex in Mali cover September 28 to October 1, 2026.

Strike dates set September 28

According to Reuters on September 18, 2026, unions representing workers at SOMILO SA and GOUNKOTO SA issued strike notices affecting the Loulo and Gounkoto mines. The notices cite overtime pay, mission-expense reimbursements and labor-agreement demands.

The proposed walkouts would last four days at both mine operators. A separate five-day stoppage by catering and support workers is scheduled for September 28 to October 2, 2026, while mining-administration workers have called a 72-hour action from September 29 to October 1, 2026.

Q2 revenue rose 44 percent

Barrick's second-quarter 2026 results provide a stronger financial counterweight. Zacks reported revenue of USD 5.292 billion, up 44 percent from the year-ago quarter, while reported profit increased 50 percent to USD 1.217 billion.

Reported earnings per share reached USD 0.73 versus USD 0.47 in the comparable quarter. Adjusted EPS was USD 0.82, ahead of the USD 0.81 consensus, while gold production reached 796,000 ounces against a 764,000-ounce consensus estimate.

Stock stays below yearly high

Analyst expectations remain above the live NYSE quote. Northern Miner reported on September 22, 2026, that TD Cowen set a USD 59 target after Barrick traded at USD 42.69 in New York, citing operational execution, free cash flow and a planned North American asset IPO.

Barrick's intraday range on September 25, 2026, was USD 41.97 to USD 42.56, with a market capitalization of USD 70.822 billion and volume of 1,453,848 shares. The price was down USD 0.05, or 0.12 percent, from the previous close of USD 42.32.