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

Home

Daily Stock Opinions and Ratings

Barrick Mining (ABX.TO)

57.47

+1.66 (2.97%)

as of Aug 12, 2026, 8:00:00 pm Market Open.

594 watching

Investor Insights

Aug 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

Mixed

Valuation

Fair Value

Similar

Agnico, AEM

COMMENT

Thinks this will have a 50% retracement, which will put it at about $38/$39. If it broke above this, he expects it to reach the $49 range pretty quickly.

DON'T BUY

For the last 3 or 4 months, gold companies have not been tracking well relative to gold prices. Gold prices have been weak because of the strong US$. Thinks gold trades in a band between $750 and $1000. Doesn't think earnings are going to correlate well with gold prices.

BUY

(Market Call Minute.) Seasonality is good from the end of November until at least February.

BUY ON WEAKNESS

She has been picking at this in the $20's.

TOP PICK

(A Top Pick Dec 20/07. Down 29%.) One of the few companies that actually understands the business of gold mining. Always had a sensible approach to managing their gold portfolio. Very cheap at book value.

TOP PICK

Likes this because of its size and liquidity. Has a great reserve base. The kind of name you want to own when confidence is restored in the gold stock sector.

TOP PICK

(A Top Pick June 27/08. Down 48%.) Picked for 2009. Likes gold and thinks it will take a run at $1000 again. Expect their profit profile will be weaker in the near term. Selling at 11X earnings.

DON'T BUY

If you believe the credit crisis is going to get worse, gold will move up. He believes the government's have a handle on the credit crisis, and if so, then the lustre will come off gold. He is not a big fan of gold.

Wealthica Track your Stocks in your Watch List

DON'T BUY

Can't see where growth is going to come from. Prefers Agnico-Eagle (AEM-T) or Goldcorp (G-T) because they have very good reserves and low cost production.

PAST TOP PICK

(Top Pick Oct 4’08, Down 15%) Stock is not working in what should be a perfect environment. Costs have risen for mining. Profit margins are getting squeezed pretty badly.

HOLD

Some selling to meet margin calls. Recent upswing. Wouldn’t sell at this point. Lot less risk in many other sectors or stocks.

BUY

He hasn’t owned a gold stock since 1999. Stock went down and gold went up. We are going to see inflation because of what went on in the states and people are going to go to dollar.

DON'T BUY

If the US is forced to raise interest rates, which he thinks is unlikely, it would be bad for gold in US dollar terms. Thinks gold is not likely going to be a great place to be as a longer-term investment over the next several years. Thinks the reparation will occur to the US financial structure. Thinks the US dollar is close to bottom. Gold as a commodity is the better buy and the premium for gold through a gold stock is outrageous.

TOP PICK

Hedge. Not a lot of downside. Not far of it’s long term low. Defensive. Sell-off is a buying opportunity. Will stick with it though thick and tin.

PAST TOP PICK

(Top Pick Oct 5/07, Down 5%) Likes the company – had a roller-coaster year after one heck of a year. Excellent balance sheet, well run company.

Showing 571 to 585 of 919 entries

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

Shannon Saccocia, CIO, Boston Private

Boston Private

Joe Terranova

Virtus Investment Partners

Bryn Talkington

Requisite Capital Management

Brian Belski

BMO Capital Markets

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Barrick Mining (ABX.TO)