TSE:ABX

Barrick Mining (ABX.TO)

57.47
+1.66 (2.97%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
594 watching
0
Investor Insights
star iconAug 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 icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
Agnico, AEM
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 $48.00 Call on it.
TOP PICK
Going to be tough to invest in the last 1.5 years of this cycle. Oil and gold will generally be extremely volatile. This is a great name for someone interested in being in the gold space. Lower risk and less volatility.
TOP PICK
Feels the US has lots and lots of balance sheet issues and the dollar could decline. Because of this, he would like to have a little bit of gold in his portfolio and this one is a nice, good, stable stock and is not very expensive at about 2X book.
BUY
(Market Call Minute.) Prefers others, but this is okay.
COMMENT
The challenge with a big gold producers is how do they go out and replace their production. His preference would be Jaguar Mining (JAG-T).
COMMENT
Doesn't understand why gold drops with the US$ and he has a rule that if you don't understand, don't buy.
HOLD
Gold has come off its high. Longer-term outlook continues to be good but has some near-term weakness ahead of it. Barrick (ABX-T) or Newmont (NMC-T) would be fine choices.
WAIT
Have come a long way from having a hedge book and clearing out their hedge book. Came out with some great results the other day. Well diversified. Gold tends to take off in the July timeframe and he thinks there is a pause in gold right now. The technical picture on the company is not that bad. Has come down to the same level as the “left shoulder” on the chart. Wait until July.
BUY
To be a Buy you have to be reasonably confident about the gold price. Seasonally, gold usually moves May to September. If gold where to run again and take a shot at $1000, which he thinks it could reasonably do, this would be a good entry point.
BUY
His favourite in golds. His model price is $46.70, a 20% positive differential.
BUY
One of the few places in Canada where you can have a global leader and they have done a fantastic job in getting to that stature. Great management team. They don't have as good a growth profile right now as other senior gold companies. This is due to some permitting risks and timing delays they've had. He is positive on gold and the seniors.
BUY
A bellwether stock in gold. Thinks that gold prices in the $900+ range are here to stay. Has a great deal of growth coming on in both the gold side and their zinc production. Their costs are very low.
DON'T BUY
Thinks that in the short term, gold equities are going to be weak. Not a good entry point. Over owned.
TOP PICK
Covered Call Write. This strategy involves buying Barrick at the current price and selling June 46 calls at $1.75. Basically he thinks Barrick will be range bound. The option premiums on gold stocks historically are very attractive if you are in option writing.
Showing 601 to 615 of 919 entries