B
Barrick Mining Corporation Basic Materials - Gold Investor Relations →
Barrick Mining Corporation (B) closed at $45.16 as of 2026-02-02, trading 129.3% above its 200-week moving average of $19.70. The stock is currently moving closer to the line, down from 133.8% last week. With a 14-week RSI of 71, B is in overbought territory.
Over the past 2090 weeks of data, B has crossed below its 200-week moving average 20 times. On average, these episodes lasted 36 weeks. Historically, investors who bought B at the start of these episodes saw an average one-year return of +7.8%.
With a market cap of $75.7 billion, B is a large-cap stock. The company generates a free cash flow yield of 2.3%. Return on equity stands at 15.3%, a solid level. The stock trades at 3.0x book value.
Management has been repurchasing shares, with a 2.9% reduction over three years. B passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in B would have grown to $471, compared to $2849 for the S&P 500. B has returned 4.8% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: B vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After B Crosses Below the Line?
Across 20 historical episodes, buying B when it crossed below its 200-week moving average produced an average return of +6.0% after 12 months (median -3.0%), compared to +19.0% for the S&P 500 over the same periods. 40% of those episodes were profitable after one year. After 24 months, the average return was +9.3% vs +37.6% for the index.
Each line shows $100 invested at the moment B crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
B has crossed below its 200-week MA 20 times with an average 1-year return of +7.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1997 | Jan 2002 | 253 | 44.4% | -8.8% | +179.1% |
| Jul 2002 | Sep 2002 | 8 | 18.5% | +1.3% | +277.2% |
| Sep 2002 | May 2003 | 32 | 14.9% | +25.3% | +322.5% |
| Sep 2008 | Sep 2008 | 2 | 5.9% | +31.1% | +94.4% |
| Oct 2008 | Dec 2008 | 10 | 37.1% | +33.1% | +100.3% |
| Feb 2009 | May 2009 | 10 | 15.3% | +26.0% | +97.7% |
| Jul 2009 | Jul 2009 | 1 | 3.8% | +39.0% | +87.7% |
| Apr 2012 | Sep 2012 | 23 | 20.7% | -33.0% | +41.8% |
| Oct 2012 | Apr 2016 | 185 | 72.4% | -54.7% | +46.5% |
| May 2016 | May 2016 | 1 | 5.2% | -0.9% | +225.2% |
| Oct 2016 | Oct 2016 | 2 | 1.6% | +6.1% | +242.9% |
| Nov 2016 | Nov 2016 | 3 | 4.9% | -5.2% | +263.4% |
| Dec 2016 | Dec 2016 | 2 | 5.9% | -0.8% | +277.2% |
| Oct 2017 | Dec 2017 | 9 | 6.2% | -11.6% | +265.0% |
| Jan 2018 | Jun 2019 | 73 | 27.1% | -16.7% | +272.1% |
| Jun 2022 | Jan 2023 | 27 | 24.6% | -2.9% | +171.2% |
| Jan 2023 | Apr 2023 | 9 | 16.4% | -13.8% | +161.3% |
| Apr 2023 | Jul 2024 | 64 | 24.1% | -8.1% | +149.5% |
| Jul 2024 | Aug 2024 | 3 | 2.2% | +24.9% | +159.4% |
| Nov 2024 | Feb 2025 | 13 | 11.1% | +126.1% | +175.8% |
| Average | 36 | — | +7.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02