TSE:ABX

Barrick Mining (ABX.TO)

57.47
+1.66 (2.97%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
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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.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
Agnico, AEM
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.
TOP PICK
Just recently saw some deterioration in profitability. This may force him to change his recommendation going forward. We are only now starting to see the next rebound in gold prices.
BUY
Well run. Largest gold company globally. With the price of gold running and cash building up in their coffers will probably be looking for acquisitions. Excellent cash flows.
COMMENT
Goldcorp (G-T) or Barrick (ABX-T)? He would choose Goldcorp because it will have more wiggle room. These are 2 of the biggest blue chips and he would rather have something smaller that would accrue earnings much faster. Barrick’s cost of production is much higher.
BUY
(Market Call Minute.) If you print $2 trillion (like the US is) gold will do quite well in the end. They will be a beneficiary.
PAST TOP PICK
(A Top Pick Dec 20/07. Up 7.3%.) From its bottom, it has rallied 100%. Still a Buy. Everyone should have an element of bullion or gold stocks.
PAST TOP PICK
(A Top Pick Jan 18/08. Down 18%.) Stopped out last summer and bought back at end of December. Great entry point now. Use $39US as your Stop.
TOP PICK
It is very important to have ounces in the ground so that if and when gold goes back to $1000 you will capture the value of it. In production and with lower operating costs, they are getting lots of cash.
DON'T BUY
(Market Call Minute.) Wouldn't touch gold right now. Too shaky.
TOP PICK
Likes gold and all the major gold companies are great.
TOP PICK
World's largest gold company. Flat production this year over next but have a raft of projects. Great prospects and solid balance sheet.
TOP PICK
Has been some deterioration in profitability recently, which concerns him a little. Good margins. Globally, we are moving into a reflation phase. Doesn't think inflation is a real issue. Relatively cheap.
TOP PICK
(2 Top Picks are pair trades.) Long Barrick Gold (ABX-T) and Short Silver Wheaton (SLW-T). Screens very well for him right now but is very worried about gold as a commodity. Once bond yields hit 2%-2.5% and inflation spikes, maybe 12 months hence, then you buy naked gold.
DON'T BUY
Trying to make a bottom. Worthwhile to look at it in the $27-$28 range. Still below its 200 day moving average.
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