TSE:ABX

Barrick Mining (ABX.TO)

53.07
+1.72 (3.35%)
as of Jul 22, 2026, 4:06:30 pm Market Open.
594 watching
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Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 12 opinions in the last 12 months.

Barrick Mining (ABX-T) has garnered mixed reviews from experts, with differing opinions on its investment potential amid shifting market dynamics. While some maintain a positive outlook on gold due to ongoing central bank purchases and geopolitical uncertainties, others express concerns over Barrick's stewardship of shareholder capital and lagging production growth. The recent spinoff of North American assets has positioned the company within safer mining jurisdictions, yet valuation concerns remain as analysts debate its performance relative to peers. The stock has shown signs of recovery recently, attributed to rising gold prices, but experts warn that sustained performance may hinge on the company's ability to deliver consistent earnings amid volatile market conditions.

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Consensus
Mixed
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Valuation
Fair Value
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AEM
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.
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.
TOP PICK
Doesn't want developing companies. Wants senior producers in stable economies, governments and countries and this one fits the bill.
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