
NYSE:ABX
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have expressed mixed views regarding Barrick Gold Corp (ABX-N) and its future prospects. One expert believes that a spinoff may be a strategic move if it can unlock shareholder value, indicating potential optimism for the company's direction. However, other insights suggest a cautionary stance, noting that while the 200-day moving average is trending upwards, the stock has been exhibiting short-term lower lows and lower highs. This may raise concerns about the viability of continued growth in the current market, particularly as the metals space has seen rapid movements recently. An inclination towards base metals may suggest a shift in focus for investors looking for stability amidst volatility in the gold sector.
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 134 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.