TSE:ABX

Barrick Mining (ABX.TO)

55.91
-3.54 (5.95%)
as of Jun 5, 2026, 5:11:05 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
COMMENT
Stock price of this company has a very close correlation to the price of gold. Gold has been falling because of deflation fears.
COMMENT
Would prefer other gold producers. Very difficult for the biggest to grow. Gold will give you a great trade upward but he doesn't know when.
BUY
His model price is $39.34, a positive 33% differential. Thinks all the gold stocks are due for a bounce as they have gone down a long ways.
PAST TOP PICK
(A Top Pick Sept 18/07. Down 17%.) As an active manager he was stopped out twice, both when they were near their tops. Did very well on this one.
DON'T BUY
You have to make a decision whether you want to own gold through an ETF or a gold company. He prefers the commodity through streetTracks Gold (GLD-N) as it smooths out the performance and you don't have to worry about operations and costs of mining companies.
TOP PICK
Terrific balance sheet with terrific upside potential. Not on a technical support right now so there is some risk but is fairly cheap on its own history.
DON'T BUY
Not a great fan of this company, primarily because of its outside hedge position. Feels this will be a considerable liability to them. Their mines are running out and will have to be replaced by lesser mines.
DON'T BUY
(Market Call Minute.) In 2012, he doesn’t know where their additional gold is coming from.
DON'T BUY
Doesn't like this company. Can't see where growth is coming from except through acquisitions. A hard business to constantly be making acquisitions. Prefers Goldcorp (G-T), which is the lowest cost producer. Gold stocks are probably a Buy in the next little while. Thinks gold will test $800, which is a good buying opportunity at that time.
COMMENT
Main gold name out there. May have called the top on the oil market when they acquired Cadence Energy in order to hedge their oil usage. Have just bought another related oil patch. Gold prices have been collapsing, which is why the stock is down.
BUY
Thinks every portfolio should have 7% to 10% in gold as an offset to declines in the US$. This is an excellent operator. Lots of projects coming on. Good profit margins.
COMMENT
Gold ought to be doing better than it is. It is failing to do so and that suggests that maybe it is not going to be the market's choice during inflation.
TOP PICK
Has a big Fair Market Value and excellent balance sheet. With the US increasing amounts of problems, and the Fed trying to deal with it by issuing more and more credit the US$ will be in more trouble so you have to be exposed to gold.
PAST TOP PICK
(A Top Pick July 30/07. Up 28%.) Chart shows higher lows. Thinks it will run up to at least the old high of January. For the time being, this is the time to own gold stocks.
TOP PICK
Using gold as crisis insurance and the companies will probably hold their own. Would Buy the stock and use a $48.00 Call on it.
Showing 586 to 600 of 917 entries