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

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Barrick Mining (ABX.TO)

52.09

+0.23 (0.44%)

as of Jun 25, 2026, 8:00:00 pm Market Open.

593 watching

Investor Insights

Jun 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.

Consensus

Mixed

Valuation

Fair Value

Similar

AEM

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.

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.

BUY

Favourite gold recently was Iamgold (IMG-T) but recently has been a lot of speculation that Newmont (NMC-T) was going to buy it so it got expensive. This company raised $4 billion to clear their heads book, which had always harmed valuations. Unhedged there is potential for a marginally higher valuation. (Pair Traded with a Short on Newmont (NMC-T).)

Showing 511 to 525 of 918 entries

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Barrick Mining (ABX.TO)