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.

consensus icon
Consensus
Mixed
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Valuation
Fair Value
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Similar
AEM
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.
COMMENT
There is a shortage of gold, but there are cost overruns getting the gold out of the ground for this company.
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