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

Home

Daily Stock Opinions and Ratings

Barrick Mining (ABX.TO)

54.91

-4.54 (7.64%)

as of Jun 5, 2026, 8:00:00 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

BUY

Thanks gold will stay above the $1100 range for the foreseeable future. This is the cheapest of all the major gold companies. Great suite of assets.

TOP PICK

(Top Sell) Sell October 40 Puts @ $3.80. Any of the 6 or 7 major gold stocks tend to be flattish. Writing options is very attractive because option premiums are usually pretty rich, reflecting that the stocks have pretty wide intraday moves but very little trend in any of them.

DON'T BUY

Prefers smaller gold companies, which gives better movement. Expects gold will be in a trading range of $1100-$1200 so you want companies with production growth. Prefers Eldorado (ELD-T), Goldcorp (G-T), Iamgold (IMG-T) and Kinross (K-T).

COMMENT

Spun off their African project into a separate company. Thinks this is going to be the new news in the majors in order to get a bigger bang for shareholders.

BUY

Likes the liquidity and safety. Likes the quality of the assets. Would buy it.

BUY

Africa is a interesting part of the story. Company had the danger of being the Exon of the gold business. This is an attractive transaction for the company.

COMMENT

They are going to spin out their African assets. Companies of this size are always buying or selling something. It’s often hard to see these things moving the needle. It might be a nice little nest egg for them. If they complete the unwinding of their hedge it could appreciate.

HOLD

As price of gold went up, gold companies have not gone up as much. He says he doesn’t understand gold.

DON'T BUY

Prefers others because they have good growth and low cost of production. Doesn’t see where the growth will come in this one. They are making a lot of changes and possibly he will think of switching at some point in time.

WEAK BUY

Moves up and down with the gold price. With hedge book gone it appeals to a whole new set of purchasers. He owns Gold Corp. Higher gold prices’ earnings would be pumped back into business or into dividends.

BUY

Biggest gold company globally. Stock is where it was a year ago even though gold is up substantially. Golds are so cheap now relative to the price of gold. Very strong support at the bottom of its channel where it is sitting now.

DON'T BUY

The largest name in gold. Had some decent earnings in the last quarter and will be reporting again in a couple of weeks. This may not be your best leveraged name when looking at gold. He would prefer some of the mid-cap smaller names. You could own Gold S&P/TSX ETF (XGD-T) as this is the largest name in this as well giving you exposure to other names.

COMMENT

His theory is that these are the ones that pushed gold to the mini-peak because they were unwinding their hedge. Gold is currently in a natural pullback. Technically, gold could go down a little bit more. If you think gold is going higher, this would be a Hold.

BUY

As a value investor it has always been difficult for him to buy gold stocks. Likes this one and Goldcorp (G-T). This one is a benchmark and dominant player in the gold industry. Long-term fundamentals for gold against the US$ is good but you could see gold pull back.

DON'T BUY

Prefers Agnico Eagle (AEM-T) and Goldcorp (G-T). Cost of production is too high so he doesn't see a lot of growth.

Showing 481 to 495 of 917 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Joe Terranova

Virtus Investment Partners

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Barrick Mining (ABX.TO)