Whales Move on Barrick Gold: Analyzing Market Sentiment

Recent trading activity has shown that financial giants are taking a notably bearish stance on Barrick Gold (NYSE: GOLD). Our examination of the options history reveals 20 unusual trades in the company.

In analyzing these trades further, we discovered that only 35% of the traders adopted a bullish outlook, while a significant 65% leaned bearish. Among the notable trades, there were 6 put options valued at $671,792 and 14 call options worth $802,155.

Expected Price Movements

By analyzing both the volume and open interest in these options contracts, it appears that institutional investors are targeting a price range for Barrick Gold between $10.00 and $22.00 over the last quarter. This price window indicates where major players are positioning their bets.

Volume & Open Interest Trends

When it comes to market activity, Barrick Gold currently shows a mean open interest across its options trades at 5251.86 and a total trading volume of 9,542.00. This high level of interest suggests that traders are actively involved in trying to capitalize on price movements.

Barrick Gold 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
GOLD	PUT	SWEEP	BULLISH	09/19/25	$1.62	$1.58	$1.58	$19.00	$316.0K	5.8K	3
GOLD	PUT	SWEEP	BEARISH	01/16/26	$3.80	$3.75	$3.80	$22.00	$155.8K	8.6K	415
GOLD	CALL	SWEEP	BEARISH	03/20/26	$5.30	$5.20	$5.20	$15.00	$141.9K	1.9K	275
GOLD	CALL	SWEEP	BEARISH	06/18/26	$4.20	$4.10	$4.10	$17.00	$122.5K	3.4K	661
GOLD	CALL	TRADE	BEARISH	06/18/26	$4.20	$4.10	$4.10	$17.00	$108.6K	3.4K	266

About Barrick Gold

Headquartered in Toronto, Barrick Gold is among the largest gold mining companies in the world. In 2024, the company produced nearly 3.9 million attributable ounces of gold along with roughly 430 million pounds of copper. By the end of 2024, Barrick reported around two decades worth of gold reserves, as well as significant copper reserves. After acquiring Randgold in 2019 and merging its Nevada mines in a joint venture with competitor Newmont, Barrick currently operates mines in 19 different countries across the Americas, Africa, the Middle East, and Asia. Additionally, Barrick has promising copper projects, notably the potential Reko Diq project in Pakistan, which could double its copper output by the end of the decade.

After reviewing the activity surrounding Barrick Gold's options trading, it's important to assess the company's current market standing and performance implications.

Where Is Barrick Gold Standing Right Now?

• Currently, Barrick Gold is trading at $19.20, with a volume of 12,398,193, reflecting an increase of 2.26%.
• RSI values indicate that the stock is approaching overbought territory.
• The anticipated earnings report is set for 44 days from now.

What Analysts Are Saying About Barrick Gold

In the past month, two analysts have shared insights on Barrick Gold, collectively giving an average target price of $21.00.

Unusual Options Activity Detected: Smart Money on the Move

Financing experts spot unusual options activity to identify potential market movements. In a bullish move, an analyst from UBS has recently upgraded Barrick Gold's rating to Buy with an adjusted price target of $22. Meanwhile, an analyst from Scotiabank is maintaining a Sector Perform rating, with a target price set at $20.

Options trading naturally involves higher risks accompanied by potential rewards. Savvy traders manage these risks by staying informed, adapting strategies, monitoring multiple indicators, and keeping a close watch on price movements. To remain up-to-date on Barrick Gold's options activity, real-time alerts are available through various platforms.

Barrick, Gold, Trading