TSE:ABX

Barrick Mining (ABX.TO)

52.78
+1.43 (2.78%)
as of Jul 22, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 22, 2026, 12:00 am

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

Experts offer a mix of views on Barrick Mining (ABX-T), reflecting divergent outlooks on gold investments and the company's positioning. Some analysts appreciate Barrick for its strategic advantages, including strong global positioning, notable joint ventures in Nevada, and a focus on premier mining assets. However, concerns linger about the company's historical management of shareholder capital and relative production growth compared to peers. The impact of global economic uncertainty raises opinions on gold as a diversifier and potential safe haven. Analysts express caution, particularly regarding earnings expectations amid fluctuating gold prices and the recent CEO changes that have coincided with Barrick's performance improvements.

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Consensus
Mixed
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Valuation
Fair Value
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AEM
TOP PICK
One of the most reliable golds that there is. Stocks have reached a point where they have lagged behind bullion so much that if there is another movement in bullion we are going to have a nice movement in stocks, which may well outperform gold bullion itself.
DON'T BUY
Finds it too big for him. Peter Munk has too much say in its direction. Because they don't have any Canadian assets, this is questionable to him.
COMMENT
Their problem is that they are the biggest gold company globally and have to find some huge mines or make some huge acquisitions to drive the stock price. (See Top Picks.)
COMMENT
One of only 2 gold stocks that he owns. There is a very good argument that mining stocks will catch up to the gold.
BUY
Would be a buyer at these levels. Pricing in only about $1300 gold. Production is only growing at 3% a year, but he would choose ABX before gold bullion. Prefers St. Andrew Gold Fields (SAS-T), which he owns.
TOP PICK
Long-duration asset. Acquired Equinox that has a long-term supply of copper. They have so many mines in so many different regions making it much more stable. With gold at these levels, they are printing money. Good management.
DON'T BUY
With the increase in gold prices, the profitability of this company is incredible right now. Trading at NAV for the first time in a long time. Doesn't particularly like this one because it is so big. It is hard for it to grow its business. Would like the company half the size that is profitable and can incrementally grow its business.
PAST TOP PICK
(A Top Pick Feb 15/11. Up 10.25%.) Liked the acquisition of the copper.
PAST TOP PICK
(A Top Pick Nov 26/10. Up 11.87%.)
BUY
Buying it. Likes it. Has done a lot to clean shop, got rid of hedges. Likes that it is trading at a discount to the historical spread to gold and they have some production uptake. Copper is controversial but not turning him off the stock.
BUY
Juniors are not his cup of tea and that’s why he owns it. Biggest and best run. They have not tracked gold upwards. Gold doubled and companies went up 30-40%. He would like to see dividend gets bigger. Comfortable owning this one.
COMMENT
Gold stocks have lagged the move of bullion. He has been switching a little bit of money out of gold. Cheap, relative to where it has been historically. Smart management. There is growth ahead but he would be more inclined to play the midsize companies.
DON'T BUY
The acquisition of Equinox will make them 20% copper and 80% gold. Doesn't own this one because it is too big. Prefers Goldcorp (G-T), which also has a bit of silver. (See Top Picks.)
BUY
His favourite gold stock. Very cheap valuation. If gold was down to $1400-$1500, it is still reasonably priced. It never moves with the gold price.
COMMENT
Chart shows a down channel. Not a screaming buy yet. Breaking above the down channel would make it a more convincing buy. Would prefer bullion.
Showing 391 to 405 of 918 entries