TSE:ABX

Barrick Mining (ABX.TO)

60.92
+1.03 (1.72%)
as of Sep 2, 2026, 3:55:35 pm Market Open.
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Investor Insights
star iconSep 2, 2026, 12:00 am

This summary was created by AI, based on 14 opinions in the last 12 months.

Barrick Mining (ABX-T) has received mixed reviews from experts, highlighting both its positive aspects and notable concerns. Some analysts commend its geographic diversification and copper exposure, ranking it high on fundamentals and considering it a solid investment for the current economic climate. However, there are significant reservations regarding its management of shareholder capital, with comparisons drawn to its competitor, Agnico Eagle Mines (AEM), which is perceived as a safer bet due to its mining jurisdictions. While the recent agreement with Newmont brought some optimism, the stock has shown volatility, which leaves some experts wary about its ability to sustain growth, especially considering the backdrop of fluctuating gold prices and broader economic uncertainties. Overall, there is a recognition of gold's long-term value, yet skepticism regarding Barrick's ability to capitalize on it effectively persists.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
AEM
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).)
BUY
Has some real upside, particularly now that the hedges are gone.
BUY
Is selling today but buying after the close today. They are looking good after today’s announcement. The valuation will improve. It will be a buying opportunity tomorrow.
TOP PICK
If gold breaks out, large caps are going to go. Go with an ETF or one or two of the big guys. The key is, gold will run up, the yield on the bonds will start to run up also. When the yields get above 4%-4.5% and it is too frothy and you get out.
BUY
One of the largest gold producers in North America. If you want gold exposure for the long-term, this is fine. During inflation concerns, people turn to hard assets. She has no concerns for the next year or two. Alternatively you could look at iUnits Gold S&P/TSX ETF (XGD-T).
TOP PICK
(A Top Pick Aug 29/08. Up 2.76%.) Possibly the one gold company that is really run as a business. Has decent upside potential.
BUY
Kinross (K-T), GoldCorp (G-T) and Barrick (ABX-T) are excellent core holdings in the gold space. You might also like to take a look at some smaller names as well.
BUY
Everybody should have at least 10% of their portfolios in gold or gold stocks. Looks like gold is ready to break out. Likes Barrick (ABX-T), Goldcorp (G-T) and Yamana (YRI-T).
PAST TOP PICK
(A Top Pick July 2/08. Down 17.45%.) Bought the stock and used a $48.00 Call on it. Had concerns on the market and wanted some gold.
TOP PICK
The gold complex at the moment is the only sector that is operating inversely to the rest of the broader market. Hopefully, if the markets weaken, this will act inversely. This company is a bellwether.
BUY
Every portfolio should have some exposure to gold. This one is the giant in the industry. Valuations is quite reasonable.
COMMENT
Big golds have been pretty slow compared to the base metal. Very solid company. Wouldn't buy it for any exciting price rises. Any acquisition adds little to it. Thinks he could go to $50 presuming a continuance of the firmness of gold.
BUY
Expects gold will be high in the foreseeable future and this is a good company. Wouldn't buy it because of the weakening US$. (See Top Picks.)
TOP PICK
(A Top Pick June 5/08. No change.) This is the star of the Gold group. A core holding, particularly now when the US$ is suffering the slings of arrows of an outrageous collapse.
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