The Globe and Mail reports in its Tuesday edition that Citi analyst Alexander Hacking continues to rate Barrick Mining "neutral." The Globe's David Leeder writes in the Eye On Equities column that Mr. Hacking's share target soared $10 to $48 (all figures U.S.). Analysts on average target the shares at $56. Mr. Hacking increased his forecast for Barrick Mining to reflect its fourth quarter results, updated guidance and his firm's gold price forecasts. On Thursday, Barrick confirmed plans to spin out its North American assets into a new publicly listed company and also named Mark Hill as its permanent chief executive officer. Mr. Hacking says in a note: "Barrick investors had been asking for key changes and the company is endeavoring to fulfill these: 1. Recognize value for North American assets via some separation from the EM assets, 2. Reconsider Reko Diq (now under review citing 'escalation of security risks,' 3. Set guidance more conservatively (updated 2026 guidance lower vs 2025 for every mine ex-Mali) and 4. Deliver better operational results (TBD). ... Barrick's stock is pricing around $4,000/oz gold in our model. ... This is the lowest in our coverage. ... We see equal upside and downside at current levels."