Barrick Mining (ABX.TO) Buy, Sell or Hold

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Barrick Mining (ABX.TO)

55.91

-3.54 (5.95%)

as of Jun 5, 2026, 5:11:05 pm Market Open.

593 watching

Investor Insights

Jun 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

Mixed

Valuation

Fair Value

Similar

AEM

TOP PICK

He is looking to take the leveraged play out for the investor. He wants people to make money if gold continues to go higher. If gold dropped, mid tier stocks would get hammered. It’s a defensive gold selection.

HOLD

Although gold is moving up, this stock is not moving much and could be because of the resurgence in oil prices. Mining stocks are energy intensive, which eats into the profits.

TOP PICK

Buy the stock ($48.10) and Sell the April 2011 $48 Call giving a premium of $4.20. Covered Call strategy. Not a gold bug but thinks gold could go a little higher. Option writing is a great strategy on gold stocks.

COMMENT

If the price of gold is sustainable, the current price is too cheap. Doesn't have hedges in place anymore. If you are a gold believer, this is inexpensive.

BUY

Gold prices are up about 15%-18% from the beginning of the year and the stock is up about 13%. Has lagged a bit but has done a reasonably good job. Largest gold producer with almost 8 million ounces per year. Definitely having problems growing production. Generating a lot of cash and expect they will be acquiring.

COMMENT

Tremendous company. Because it is so big, it is difficult for it to get growth.

DON'T BUY

Very large company so it takes a lot more things to help it go higher. It will react to the price of gold over a period of time but not on a short-term basis. Prefers others.

DON'T BUY

Been under pressure. He recently did some switching into other golds as well as Silver Wheaton (SLW-T). Also likes Goldcorp (G-T) better. If you haven't got gold, it's better to have this one than none.

PAST TOP PICK

(A Top Pick Aug 28/09. Up 22%.) Still likes. If you like gold and you prefer gold equities and you have a reasonable sized portfolio you have to own this one.

DON'T BUY

His model price is $47.74 so it is bang on its model price. If it dipped into the $35-$38 area it would be a Buy. Anything over $50-$52 he would Sell.

TOP PICK

Looking for a strong 2nd half. Trades at about a 2/3rds discount to some of the other majors.

PAST TOP PICK

(A Top Pick Aug 28/09. Up 15%.) This is a bellwether. Expecting it to get above its highs.

DON'T BUY

Has been going through the $42 level for the last 3 years. Smaller exploration companies will do better in this environment if you are trying to play gold. He would avoid gold.

BUY

Gone up pretty nicely lately. Only gold stock he owns. Still more room to go up. It’s a good price for it.

TOP PICK

You don’t want to be without gold. This one is getting a little more respect than other because of what they have done with the hedge book. Elephants don’t gallop. It has a long way to go. Gold stocks will continue to act well.

Showing 451 to 465 of 917 entries

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Barrick Mining (ABX.TO)