TSE:ABX

Barrick Mining (ABX.TO)

57.47
+1.66 (2.97%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
594 watching
0
Investor Insights
star iconAug 12, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Barrick Mining, traded under the symbol ABX-T, has attracted mixed opinions from various experts. Some analysts express a preference for Agnico Eagle Mines (AEM), citing its safer mining jurisdictions and better stewardship of shareholder capital. Despite recent resolutions with Newmont and the company's spinoff plans, doubts remain about Barrick's production growth and valuation, as it tends to lag behind its peers. Enthusiasts of gold remain bullish on the commodity, pointing to its potential as a diversifier amid global economic uncertainty. Consequently, while some analysts see potential in Barrick, there are significant concerns regarding its ability to capitalize effectively on the rising gold prices.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
Agnico, AEM
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.
PAST TOP PICK
(A Top Pick July 29/10. Up 4.64%.) Cheap so a Hold.
WAIT
Now in a downward channel but downside risk is probably not too much from current levels. Historically it bottoms right around July and then moves higher until the end of the year.
WAIT
Quite controversial right now. Acquisition of copper has raised investors concerns because base metals trade at lower multiples than gold stocks. Percentage of cash flow from copper will be 19%, which is in line. Company thinks it will give them the cash flow growth they need to do acquisitions in the gold sector. Would let investor sentiment settle out a bit here.
COMMENT
Kinross (K-T) or Barrick (ABX-T)? Kinross acquired Red Back mining and the market punished it. Management is confidant that the resource is very large so are bullish on the project. Barrick just acquired a copper complex. He would prefer Kinross.
PAST TOP PICK
(A Top Pick June 1/10. Up 8.38%.)
TOP PICK
Bought this when it un-hedged its gold book. Market didn’t like their copper acquisition but copper will only be about 22% of their revenues. Stock has been pounded in the last week and is now a timely purchase.
TOP PICK
(A Top Pick Jan 11/10. Up 20.65 %.) Long term, whether the US backs off from its highly inflationary stance or not, they are going to be back to it. US economy is in such desperate straits, that going into the 2012 election the Fed had better be hyping or otherwise, because Obama and everybody in in congress will be dead.
BUY
Cheap on metrics with low costs of getting gold out of the ground. Great operations. All the large gold companies have under performed. Still thinks it has upside. As long as the US$ keeps dropping and we think there will be higher inflation, gold should higher.
PAST TOP PICK
(A Top Pick Feb 15/11. Up 4.35%.) As a gold producer, this would still be his Top pick. Also has a lot of copper production. Incredibly good value at the current price. Still a Buy.
DON'T BUY
Well run company, but it is the biggest one. Closed out their hedging. They have been lagging for a while but are starting to make it up. He prefers smaller, faster growing companies. Prefers AR-T
BUY
One of the gold socks where he thinks the money is going to go to. Expect it will work higher.
BUY
Large cap gold companies generally lag the upward movement in gold prices. Low cost producer. Generating a lot of cash flow. A blue chip way to play gold. Thinks gold is a better opportunity today.
BUY
Dividend is definitely safe and is likely to rise. Their challenge is that it is a huge company producing 8 million oz per year. Pretty well managed company.
Showing 421 to 435 of 919 entries