TSE:ABX

Barrick Mining (ABX.TO)

55.91
-3.54 (5.95%)
as of Jun 5, 2026, 5:11:05 pm Market Open.
593 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

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

Barrick Mining (ABX-T) is viewed positively by several experts, particularly in the context of rising gold prices and its role as a portfolio diversifier amidst economic uncertainty. Some analysts highlight its strategic position and tier-1 assets, mentioning the company's strong balance sheet and growing copper exposure as advantageous. However, there are concerns regarding the impact of leadership changes, potential production growth limitations, and operational challenges, especially in regions like Mali. Overall, while there is enthusiasm for gold as an asset class, opinions vary on Barrick's investment quality, with some preferring other gold miners like Agnico Eagle Mines. Despite some negative sentiments, a few experts indicate Barrick's recent improvements and attractiveness within the sector.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
AEM
COMMENT
This company has lagged the gold sector. Presuming there is the expected temporary pullback in gold, which resumes upwards, this one should be higher than the current price. Stock has lagged because of their Equinox acquisition if copper and gold move up, this company should do fine.
WAIT
Was a little miffed by their acquisition of a copper company earlier in the year. Now feels this copper acquisition will be very cash flow generative for the company. Likes it for the growth profile. Good management. Wait for the US debt issue to be settled.
BUY
Being punished because of their acquisition of a copper company. One of the biggest companies in gold and if you own, you'll benefit from the whole up trend in gold. There are other companies with more leverage to gold.
TOP PICK
You’ve got to have a core holding of gold stocks in your portfolio. The best managed and best run of the gold stocks. Americans are going to panic about the forthcoming elections.
TOP PICK
His model price is $66.94 giving it a 51% upside. With the recent acquisition the model price differential will come down by about 15%-18%. Cheap at this price.
COMMENT
Chose to take a significant position in copper, interestingly at a time when gold was at all-time highs. Copper is very economically sensitive. Investors are now muddled when they look at this company. Feels this company will now have a disadvantage to other gold companies, unless copper starts to run again.
DON'T BUY
They made a big bet on copper and they will have to spend a lot of money to build it out. Gold trades at a higher multiple than copper and this will be a challenge for him. Prefers G-T
TOP PICK
Covered Call Write. Buy at $42.60, Sell Oct 44 Calls at $2.20. This has you owning this company at about $40 a share and you should be fine. Small dividend.
TOP PICK
The world's largest gold producer and the benchmark. Have a good raft of projects to carry them forward over the next few years. Pretty reasonable multiples at the current price.
PAST TOP PICK
(A Top Pick Feb 15/11. Down 12.17%.) Off because of the Equinox acquisition for the copper. A lot of investors wanted a pure gold play. Trading at around 12x earnings and the copper assets are going to be very accretive. Still likes.
DON'T BUY
There are a lot of experts that think gold is going to $2,000. But if it does then oil will be $200. Problems in Africa, aid workers shot, gold poachers. ABX is in the process of buying Equinox. Copper prospect in Pakistan, which is taking them out of gold. The big gold stocks have trouble rising. The smaller ones tend to do better.
DON'T BUY
Fantastic management and great cost structure. Cheapest gold stock out there. Suffers from being so large. Thought their acquisition of the copper play was bizarre. Expect it will continue to under perform.
PAST TOP PICK
(Top Pick May 25/10, Down 4.11%) Continues to think it is a very cheap stock.
BUY
If you picked Barrack to be your gold exposure, this is a good one. It is too bug to grow. The people running it understand that. He likes it, but there is not enough growth to interest him.
DON'T BUY
Prefers Goldcorp (G-T) or Newmont (NMC-T) because he likes their politically safe locations. Also, not interested in Barrick’s new major foray into copper with their recent acquisition.
Showing 406 to 420 of 917 entries