Barrick Mining Corporation (NYSE: B) is among the top 11 mineral stocks favored by hedge funds. The company’s strong momentum led CIBC to raise its price target from $24 to $28, maintaining a ‘Neutral’ rating. Barrick’s stock price hit a 52-week high of $21.60 on July 7, 2025, up 37.84% YTD.

The company is expanding its copper market presence with the $2 billion Lumwana Super Pit Expansion in Zambia, set to double production to 240,000 tons annually. Barrick has already contributed over $4 billion to Zambia since 2019. The company explores for gold, copper, silver, and energy materials and is based in Toronto, Canada.

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Read more at Yahoo Finance: CIBC Raises PT on Barrick Mining Corporation (B) Due to Strong Momentum