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

Home

Daily Stock Opinions and Ratings

Barrick Mining (ABX.TO)

59.45

+1.24 (2.13%)

as of Jun 4, 2026, 8:00:00 pm Market Open.

593 watching

Investor Insights

Jun 4, 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 some bullish on the gold sector and the company's positioning within it. Analysts highlight its potential as a safe haven during periods of economic uncertainty, particularly with ongoing geopolitical tensions. However, concerns regarding the production growth and valuation compared to peers are prevalent, with some suggesting that Barrick's recent rise is more reflective of increasing gold prices rather than its operational efficacy. Additionally, challenges in specific regions, such as Mali and rising operational costs in Nevada, introduce uncertainties around the company’s future performance. Overall, while it holds strategic assets and a solid dividend yield, the stock’s growth potential remains debated among analysts.

Consensus

Mixed

Valuation

Fair Value

Similar

Agnico, AEM

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Sep 13/22, Down 10%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ABX has triggered its stop at $18.50. To remain disciplined, we recommend covering the position at this time.

COMMENT

Producers have had problems with labour and input costs as well the declining price of gold. Think of gold as another currency. He would need to see gold at $2000 before getting excited about it.

BUY

The miners are very cheap. The question is what's going to happen to the commodity, because you have to make your call on it before you look at the businesses. If the price of gold goes sideways, those companies won't do much. Right now, he likes stocks better than royalties. Royalty companies are better to have once things get going. Stocks like AEM, NGT and ABX are really down, and that's a better way to play now.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly With market uncertainty mounting along with fears of continued inflation, ABX is a TOP PICK. Unlike other precious metal miners, like NGT, it trades at only 14x earnings and has a sustainable dividend that is less than 30% of earnings. We recommend placing a stop loss at $18.50, looking to achieve $29.50 -- upside potential over 40%. Yield 3.8% (Analysts’ price target is $29.75)

DON'T BUY

Gold sector has been difficult, especially for the large caps. Very strong USD has held them back. Avoid. Look at some of the mid-sized companies. Gold has an interesting technical setup, so keep an eye on it.

COMMENT

People are struggling to figure out how gold stocks react in this environment. Not cheap at 15x 2023. Slightly higher costs. Copper beat. If interest rates are going up, cost for gold goes down. Producers have to contend with that. He thinks price of gold is going down. Do you want to pay 15x for declining EPS profile? If you think rates are going down, and gold is going up, then this is a fine trade.

DON'T BUY

Gold will probably do well as inflation comes off and interest rates decline, which he predicts in coming months. However, gold producers don't control the price of their product and it costs a lot to excavate that gold.

WEAK BUY

ABX vs. AGI Agrees that gold is going higher. Doesn't own ABX or AGI. If you believe gold is going higher, do you want the high torque name, or the big diversified large cap? The answer depends on your conviction in the direction of gold. His firm is conservative, so they'd pick ABX. ABX has a better management team and asset base and is more diversified. AGI is more concentrated in 3-4 mines, so the risk is higher.

DON'T BUY

He's not into gold miners. The gold price may rally, but a company needs to mine gold, which involves sharply rising costs these days. He models $26, though it could go to $37.63 based on positive momentum, but its earnings won't move. He won't buy it here. He much prefers physical gold over gold miners.

PAST TOP PICK

(A Top Pick Jul 09/21, Up 22.51%) He likes it for being stable and being the largest player in the world. The price of gold will remain high because of inflation concerns and the Russian war.

BUY ON WEAKNESS

Has become more shareholder friendly. Capable CEO. Fairly strong results today. Keep your eye on it in the space. Well run. Inflation could put pressure on commodity producers and give you a better entry point.

BUY

For older clients looking for 1-2 companies, it's great. Good dividend. A buy, with a $32 target. Solid. For cashflow, he'd rather have a small company. 30% of its geopolitical areas are dodgy, his only concern. They have leverage to the gold price. See his Top Picks.

BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The whole sector has not moved much. It is cheap. Pays a nice dividend at 2% that is growing. Gold should do well with all the money being flooded in. Higher interest rates could hurt the sector. Exposure is warranted as insurance, and also for gains, however. Unlock Premium - Try 5i Free

COMMENT

Believes safer than other gold companies, however better gold investments out there. Low interest rates have not rewarded gold which is a problem. Gold companies at multi-decade low valuations. Strength of US dollar is a headwind for value of gold. Crypto currencies taking investment away from gold producers as inflation hedge.

DON'T BUY

He has never owned a gold stock in his life. ABX is probably valued at the same stock price as it was 35 years ago. Gold has not done well even with the threat of inflation. There seems to be an inverse relationship between interest rates and gold prices, so if the Fed does raise rates, it is hard to see gold do anything. You are better to find companies that have more consistent earnings and pay dividends out of regular cash flow.

Showing 46 to 60 of 917 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

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)

Unlock this Panic-proof Portfolio opinion with Stockchase Premium