TSE:ABX

Barrick Mining (ABX.TO)

57.47
+1.66 (2.97%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconAug 12, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Experts have mixed views on Barrick Mining (ABX-T), primarily weighing the company's strategic moves and the broader gold market dynamics. Several analysts have expressed concerns regarding Barrick's management of shareholder capital and their lagging production growth compared to other gold producers, with a notable preference for Agnico Eagle Mines (AEM) due to its safer mining jurisdictions. However, some see Barrick as a quality investment with tier-one assets and a strong strategic position, particularly in light of rising gold prices that could bolster earnings. The potential spin-off of non-core assets is viewed as a positive move aimed at isolating less risky ventures. Overall, while the enthusiasm for gold remains strong, especially with ongoing geopolitical uncertainty, Barrick's performance and management choices have led to a cautious outlook from some analysts who suggest looking to other gold names for better returns.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
AgnicoEagle,AEM
HOLD
Has a flat production profile. Valuation has drifted down where it makes it difficult for them to grow through acquisitions. Will hit a bit of a road bump in 2010. If you own, consider selling.
DON'T BUY
Not much growth in this one. Would buy streetTracks (GLD-N) instead, which is a direct play on gold.
COMMENT
Very much a diversified miner and are exposed to base metal, which a lot of investors forget.
TOP PICK
Getting rid of a lot of their hedging, but still have some. FMV is much higher than the current price. Relative to the gold index, the stock is fairly cheap. A conservative way to play gold.
PAST TOP PICK
(A Top Pick Mar 6/06. Up 6.5%.) Doing all the right things. Lowering its hedge, acquired Placer and has pretty good production growth.
DON'T BUY
Likes gold very much. His preference is the gold iShares listed in New York. With this, he would match at to an intermediate company rather than Barrick.
BUY
He likes this company. They are working their way out of their hedges. His analyst prefers Gold Corp (G-T).
PAST TOP PICK
(A Top Pick Feb 21/06. Up 9.8%.) The surprising thing is that this has not done as well as its peers. It is still a stock that he would want to have.
DON'T BUY
Has not been a big moneymaker. Feels that gold stocks are for traders.
BUY
If he were picking a gold stock, this would be the one. Good-quality company.
HOLD
A reasonable stock to own in the big cap gold sector. Has been trending up since the summer. Made some acquisitions that made them more of a copper stock than they used to be.
PAST TOP PICK
(A Top Pick Jan 3/06. Up 4.2%.) Did a great job of selling out of their South African assets. Trying to position himself out of it. Prefers Goldcorp (G-T).
PAST TOP PICK
(A Top Pick Feb 24/06. Up 8%.) Still likes. Has lagged the group. Now down to less than 10% in hedges.
BUY
A little disappointment with recent production. Lots of mines globally. Working their way out of the hedging problems.
PAST TOP PICK
(A Top Pick June 26/06. Up 8.3%.) If you want to be in a serious gold mining company, this is the one. Fixing their hedging problems.
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