NYSE:ABX

Barrick Gold Corp (ABX)

9.85
-0.09 (0.91%)
as of Mar 5, 2026, 7:52:36 pm Market Open.
133 watching
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Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Barrick Gold Corp (ABX-N) is positioned to extract value from its shares through the potential spinoff, a strategic move that could enhance shareholder value. Despite the 200-day moving average indicating an upward trend, the short-term outlook reveals lower lows and lower highs, suggesting a cautious approach in the current market. The recent surge in the sector has prompted a reevaluation, leading some experts to favor a transition toward base metals instead of continuing with gold investments. Overall, while the strategy for spinoff could be beneficial, the technical indicators reflect a mixed sentiment that investors should consider.

consensus icon
Consensus
Cautious
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Valuation
Fair Value
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Similar
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BUY
Gold outlook He thinks gold will go down, so it's a buying opportunity now. You can buy gold itself or Barrick.
PARTIAL BUY
Two thumbs up. Buy half now, then hope it hits $25. A great company--offers the best assets in the safest areas. What more to say?
PAST TOP PICK

(A Top Pick Oct 20/11. Down 12.66%.) Sold his holdings in March at $49+. Currently he holds no gold.

TOP PICK
Technical analysts are saying gold is ready to break out to $1000-$1200 but he doesn't buy a big rally in gold. Thinks it will be in a trading range for quite some time. He wants to be Long gold stocks and write Call Options to collect premiums. Bought this one for $36 and wrote a $38 Call Option for 30 days, giving him $1.60 as a Call Premium. If it takes off he will make $2 capital gain as he will be forced to sell at $38. (US exchange has more liquidity for the stock and options.)
PAST TOP PICK
(A Top Pick Sept 27/07. Down 12%.) Golds in general have backed off. Now coming back into support. Very close to the point where it can be bought. Has significant upside potential when the golds get going again, probably November. Hold.
BUY
Support should come in around the $33-$35 range. Given what it has done recently it will probably take some time to re-adjust itself. Don’t look for any immediate reward.
PAST TOP PICK
(A Top Pick Sept 27/07. Up 8%.) Now back to its wonderful trading range and is a Buying opportunity. Will take 1 to 1.5 months for the gold stocks to get going.
TOP PICK
Trades both New York and Toronto. Have been some very interesting moves in the market and yet this one looks good in both Cdn & US $’s. The stock is going straight up, so be a little bit cautious.
TOP PICK
The strongest gold stock at this stage. Had a major breakout recently. Stock has been base building for almost 2 years. 200-day moving average has been following the stock and it broke through this.
COMMENT
NovaGold (NG-T) has some big tonnage properties and Barrick made an unsuccessful hostile bid. Left with 11 or 12 million shares and they could come back with a better offer.
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