TSE:ABX

Barrick Mining (ABX.TO)

57.47
+1.66 (2.97%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
594 watching
0
Investor Insights
star iconAug 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 icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
Agnico, AEM
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.
BUY
News that the new mine on the Argentina/Chile border will be coming into production at a cost of about $40 an ounce, which will reduce their overall costs from $405. Huge reserves. With wage and equipment prices coming down, it is becoming more economically viable. Good entry point.
Showing 526 to 540 of 919 entries