
NYSE:ABX
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are analyzing Barrick Gold Corp, highlighting the potential benefits of a spinoff to extract value from shares. While the stock price has shown an uptrend in the 200-day moving average, experts note a concerning pattern of lower lows and lower highs in the short term. This suggests potential volatility and fluctuations in the stock's performance. The comment regarding the precious metals space implies that after significant movement, a cautious stance is being recommended, with some experts favoring transitions to alternative investments like base metals. Overall, the sentiment is mixed, balancing the potential benefits against the risks presented by current market trends.
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.