TSE:ABX

Barrick Mining (ABX.TO)

55.69
-3.76 (6.32%)
as of Jun 5, 2026, 3:56:48 pm Market Open.
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Investor Insights
star iconJun 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.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
AEM
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.
TOP PICK
Gold is going to be under a bit of pressure in the next month or 2 but should start to recover later in the year. This company is the global leader in gold and have a lot of great projects but has lacked growth. Has some growth projects coming on in the next few years. Just announced a huge project in Chile/Argentina.
WAIT
Traditionally there is a ratio of bullion being 4X to 6X of gold stocks. This went up substantially last fall to a record of 11.7X. That was a great time to purchase gold stocks. It is still trading above 7X. Because of this, he is expecting gold stocks to outperform gold seasonally between July 27 and the end of September.
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