Barrick Mining Corporation reported a significant increase in cash generation for 2025, achieving operating cash flows of approximately $7.7 billion, a 71% rise year over year. Free cash flow also surged 194% to $3.9 billion. The company returned $2.4 billion to shareholders through dividends and share buybacks, including $1.5 billion in share repurchases.
As of the end of Q4 2025, Barrick’s cash and cash equivalents stood at around $6.7 billion. The dividend for the fourth quarter was increased to 42 cents per share, reflecting a 140% rise compared to Q3. The company aims for a total annual payout of 50% of attributable free cash flow, with a sustainable payout ratio below 60%.
In comparison, Newmont Corporation returned $3.4 billion to its shareholders in 2025, while Agnico Eagle Mines Limited returned approximately $1.4 billion. Barrick’s shares have increased by 55.8% in the past six months, outpacing the industry average increase of 43.5%.
