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

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Daily Stock Opinions and Ratings

Barrick Mining (ABX.TO)

55.91

-3.54 (5.95%)

as of Jun 5, 2026, 5:11:05 pm Market Open.

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Investor Insights

Jun 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.

Consensus

Mixed

Valuation

Fair Value

Similar

AEM

BUY

Got more bullish on Gold recently. Adding more to his exposure recently. Good industry proxy. Wont be the best performer, but it’s the biggest and easiest to play.

SELL

Does not think Gold is going up. He is shorting ABX

BUY

The most defensive of the major golds. You could start to accumulate it at these levels for a 2-3 year hold. The value looks the best amongst the golds.

BUY

Bought in fall because it moves in opposite direction of stock market. Concerned about eventual inflation in US economy after 2011. All the money being printed will result in higher inflation. Expects inflation highest since recession of early ‘80s. Buying as a hedge against inflation.

COMMENT

He is over weighted on gold. This one has a hedge program on, which is why some people are not as fussy on it. If you want a pure play, Goldcorp (G-T) is a direct play. Costs are roughly the same. (Also owns Goldcorp and Kinross (K-T).)

COMMENT

Very positive on gold. Longer term he expects it to get to the $1300 level. Largest gold reserves in the industry. Prefers Eldorado (ELD-T), which is more of a pure gold play.

PAST TOP PICK

(A Top Pick Apr 21/08. Down 2%.) Bought shares and sold June $46 Calls at $1.75. Turned out stock was not above strike price so he kept the stock. Would have continued writing Call options because the gold sector is an area where covered option writing is a superior strategy compared to just owning the gold stock because they have a lot of the delay but don't go very far.

TOP PICK

He wants to own Barrick but not at these prices. Wrote an April $25(US) Put giving him $2.45. If Barrick drops below $25, he is forced to buy it, which he is happy to do. (You can't do it now because of stock price but you might want to sell a $30 Put option which would give you about $1.)

PAST TOP PICK

(A Top Pick Feb 8/08. Down 27.3 %.)

BUY

(Market Call Minute.) Really likes the gold sector. Still the 900 pound gorilla in gold.

TOP PICK

(A Top Pick March 26/08. Up 25.2%.) Held in very nicely last year. Best of the golds and given the current situation, he thinks you have to have golds.

BUY

Gold stocks have advanced a long way. This one is a double off the bottom. What you are really buying is ounces in the ground and these guys have 130 million ounces of resource.

COMMENT

One of the biggest gold companies globally. Has less leverage compared to a small junior company that has a lot of production coming on. However, they do have a great line up of mines and they are well managed. Should perform as well as the sector.

DON'T BUY

Gold trades on inflation. Despite the hoarding of money, lower interest rates and printing of money there is no inflation yet. Could be in 2 or 3 years time. His valuation on gold is neutral. Has a problem with Barrick as production comes off in 4 years. He wants a company that produces gold cheaper and has a growth profile.

BUY

When people get really nervous, they buy gold and gold stocks. When it became evident there would be major stimulus packages it was clear there would be more inflation down the road.

Showing 541 to 555 of 917 entries

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Barrick Mining (ABX.TO)