# Barrick Mining Corporation (B) — Stock CV

Barrick Mining Corporation is a $67.5B materials company. Revenue grew 9.2% over the last year, it keeps 32¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 10.1× earnings — near the lowest of its own history.

> Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper.

## Identity

- **Ticker**: B
- **Sector**: Basic Materials
- **Employees**: 27 000
- **Website**: https://www.barrick.com
- **Market cap**: $67.5B
- **Last price**: $41.03
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $20.7B
- **Net income**: $6.53B
- **Free cash flow**: $5.19B
- **Net cash**: $1.50B
- **P/E**: 10.1
- **Revenue growth (YoY)**: 9.2%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 90 |
| Growth | 75 |
| Profitability | 82 |
| Health | 100 |
| Quality | 65 |
| Moat | 63 |

## Qualifications (beginner checklist) — 11 of 11 passed

- [x] Revenue growing — +9.2% YoY
- [x] Profitable — $6.53B TTM
- [x] Profit growing — +128.9% YoY
- [x] Generates cash — $5.19B TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $67.5B market cap
- [x] Not printing shares — +9.3% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 3.3 — safe
- [x] Pays a dividend — yield 2.34%
- [x] Valuation not extreme — P/E 10.1

## Experience (career milestones)

- **FY2025** — Best year on record: $4.99B net income
- **2025** — The merger was successfully completed
- **FY2024** — Revenue crossed $10B: $12.9B for the year
- **2024** — Barnes Group announced that it had entered into a definitive agreement to be acquired by funds…
- **FY2019** — Became debt-free: cash now exceeds total debt
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $1.23B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **1857** — It was founded in 1857 by the great-grandfather of Wallace Barnes, who was appointed president in 1964, the same…

## Strengths

- High gross margin (56.0%)
- Strongly profitable — 31.6% net margin
- Strong cash conversion — FCF is 25.1% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 354.3× by operating earnings

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $1.26B | $99.9M | $134M |
| FY2022 | $1.26B | $13.5M | $40.5M |
| FY2023 | $1.45B | $16.0M | $56.7M |
| FY2024 | $12.9B | $2.14B | $1.32B |
| FY2025 | $17.0B | $4.99B | $3.87B |

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Source: https://stockcv.com/B — derived from company filings; may be delayed or incomplete. Information, not investment advice.
