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
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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.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
Agnico, AEM
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.
PAST TOP PICK
(A Top Sell March 16/10. Up 9.5%. Sell October 40 Puts @ $3.80.) Stock was around $40 and stock was at $48 in October so option expired. He just kept the money he took in as a credit.
COMMENT
Doesn’t get the respect it deserves. On the basics, it seems to be an undervalued stock.
TOP PICK
Down 16%-17% in the last month. He is still constructive on long term gold. Likes the free cash flow. Becoming a yield/value play. Great entry point.
TOP PICK
(A Top Pick Jan 11/10. Up 8.06%.) You have to have a gold component in your portfolio. Long term outlook for the US$ is miserable and Bernanke is doing nothing about it.
BUY
Very good company for gold exposure. Expect they will do more acquisitions.
COMMENT
Sentiment on large cap gold has pulled off dramatically but not the end of the world in the gold market as long as the US is keeping interest rates 1.5% below inflation rate. At this price, the stock starts to make sense. Barrick is almost becoming the Exxon Mobile of the gold industry. Can’t grow so pays you back in dividends and share buy backs. Compounds your portfolio at 10% by not growing buy just being profitable.
HOLD
Proxy for the gold market. So big that it is very hard to grow the bottom line. New CEO is trying to find a growth profile, but doesn’t think they have been successful. Prefers companies with a growth profile such as Agnico Eagle (AEM-T) or Great Basin Gold (GBG-T).
BUY
Fabulous Buy right here right now.
PAST TOP PICK
(Top Pick Dec 10/09, Up 21%) It’s the senior position and hard to go wrong if you think things will go with the underlying precious metal. The big caps haven’t done well and in a sense are lagging. There is still plenty of room on these stocks. There’s still plenty of leverage left in it.
COMMENT
Likes this one, but indirectly. Has a large holding in the TSX Gold Index. (XGD-T?)
PAST TOP PICK

(Top Pick Nov 4/10, Premium of 5% in 45 days) Long Barrick Gold & Sell calls @$50. He is trying to harvest the premiums continually. He thinks premiums will remain high. He always sells one-month options because you get the largest premiums. He does this every single month.

TOP PICK
Cheap with an 11X cash flow. Two record quarters in a row. Raised dividends. Expected to produce 9 million ounces over the next year 5 years.
HOLD
Expecting gold to go substantially higher. This one is no longer hedged so senior money will be moving in here but expects a lot of money will be looking for intermediate and junior golds. He likes S&P/TSX Global Gold (XGD-T) and Yamana (YRI-T).
PAST TOP PICK
(Top Pick Nov 30/09, Up 10.63%)
Showing 436 to 450 of 919 entries