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

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Barrick Mining (ABX.TO)

57.47

+1.66 (2.97%)

as of Aug 12, 2026, 8:00:00 pm Market Open.

594 watching

Investor Insights

Aug 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

Mixed

Valuation

Fair Value

Similar

Agnico, AEM

BUY

Just completed removal of their last hedges. Not been a fan because of the hedge books but has been buying for the last couple of months. A lot of upside as it catches up to the valuation of many of its peers.

TOP PICK

Decent production growth going forward. Brought in their hedge book. New management is in place. Sector is undervalued and this is the larger player. Doesn't see much political risks with their projects.

BUY

Largest gold company globally. Under performed for a long time due to hedges but these were removed recently and thinks it could get value to a higher multiple. Should do very well if gold remained strong.

COMMENT

Brought in the majority of their hedge book on gold production. Raised over $4 billion to do so and are much more exposed to gold prices. If you want a pure play in gold, he would suggest GoldCorp (G-T), Kinross (K-T) or Yamana (YRI-T).

COMMENT

Canadian stocks have lagged gold because gold is priced in US$'s. Since Cdn$ has appreciated against US$, gold price movement has not been that much for them. Right now commodity is leading stocks so there is some potential for them to catch up.

COMMENT

No longer has hedges so looks much different now. Expecting big gold stocks willbe on the acquisition trail as it will be very difficult to keep the reserves up and this is a challenge for companies like this, GoldCorp (G-T) and all large golds. Look for smaller golds that have a resource that could be coming on anytime soon.

BUY

Everybody is jumping on the gold bandwagon. Best way to play gold is to buy a low-cost producer with low price to cash flow. This one has a lot of upside with one of the cheaper multiples of all the peers.

BUY

Removed all their hedges and the stock moved up. Based on a point-figure reading the stock is probably heading towards $50 possibly. To be on the safe side, your stoploss should be at around the $35-$36 level.

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BUY ON WEAKNESS

Would buy on weakness. Low $30's would be really nice.

PAST TOP PICK

(A Top Pick Oct 2/08. Up 17.6%.)

DON'T BUY

We are in the gold buying season, but it is a well know fact and you have to look for less widely known facts. Is their best among the group but they would not run out and buy gold. Would rather be in stocks than gold.

WATCH

Doesn't know if they have done anything yet to cover their hedge book but will probably know in Q3 when they come out with their results. Reporting on the 29th and he is hoping the full information will be available.

BUY

Recently did a very large equity issue and are now taking off all their hedges so expects it will be re-valued upwards.

BUY

Likes what they did with the hedge book. They may start to get more respect soon. Added it as a core position.

BUY

Have pretty much bought out their hedge book so their leverage to gold is a lot higher than what it was. Likes gold as a hedge to the financial markets.

Showing 511 to 525 of 919 entries

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

Shannon Saccocia, CIO, Boston Private

Boston Private

Joe Terranova

Virtus Investment Partners

Bryn Talkington

Requisite Capital Management

Brian Belski

BMO Capital Markets

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Barrick Mining (ABX.TO)