
NYSE:ABX
This summary was created by AI, based on 1 opinions in the last 12 months.
Barrick Gold Corp, with the symbol ABX-N, has garnered mixed opinions from experts regarding its current strategy and performance. Some experts believe that a spinoff could potentially unlock value for shareholders, indicating a strategic pivot that might pay dividends in the long run. However, there is a cautionary note regarding the stock's short-term performance, with indicators showing lower lows and lower highs despite the 200-day moving average trending upwards. This suggests potential volatility in the short term. Additionally, the broader market has shifted rapidly, leading some analysts to recommend a focus on base metals instead, possibly indicating a preference for diversification away from traditional gold stocks. Thus, the sentiment appears to be cautious yet optimistic, with a preference for strategic movements in the market.
His go-to gold name because of the CEO. Gold stocks haven't been hitting new highs like gold itself. Last February they reported an earnings beat and inline revenue and production, but shares got hammered over higher production costs. More of their gold comes from North America where labour costs are higher; they used to have more mining in cheaper Latin America. Also, guidance may be too cautious. Shares are finally starting to catch up to the gold price; same goes with many gold stocks.
Barrick Gold Corp is a American stock, trading under the symbol ABX (previously ABX-N on Stockchase) on the New York Stock Exchange (ABX). It is usually referred to as NYSE:ABX or ABX
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on ABX (previously ABX-N on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Barrick Gold Corp.
Barrick Gold Corp was recommended as a Top Pick by Stan Wong on 2026-05-14. Read the latest stock experts ratings for Barrick Gold Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Barrick Gold Corp.
Barrick Gold Corp is followed by 133 investors on Stockchase and is a trending stock that is worth watching.
On 2026-03-05, Barrick Gold Corp (ABX) stock closed at a price of $9.85.
If they can extract value from shares by doing the spinoff, then that's the right move. 200-day MA is trending higher, but short-term lower lows and lower highs. The space has moved so far, so fast, he'd rather move to base metals.
See his Top Picks.