TSE:ABX

Barrick Mining (ABX.TO)

52.09
+0.23 (0.44%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 25, 2026, 12:00 am

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

The outlook for Barrick Mining (ABX-T) is mixed according to various experts. While some analysts express caution due to the company's historical issues with shareholder capital stewardship and production growth, others highlight its strategic positioning and recent performance spikes driven by rising gold prices. There is a consensus that gold remains a valuable diversifier in uncertain economic times, despite differing opinions on Barrick's actual operational efficiency and valuation compared to its peers. Some experts see potential for ABX-T to continue benefiting from the global demand for gold, while others suggest a shift toward other gold companies could be wise. The impact of geopolitical factors and the company's operational challenges, particularly in Mali and high costs in Nevada, are also significant considerations.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
AEM
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.
TOP PICK
Why not just buy gold bullion? ABX gets gold out of the ground for $450 an ounce avg. Growing copper production. Will see a dividend increase down the road. You can justify owning a business that makes that kind of margin. They are going to start getting more respect from the market.
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