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
BUY
Longer-term, there will be a stronger price for gold, but will continue to be volatile. Over the next few years, it will be a good area to invest in. Although juniors will give a great return, he prefers large caps which are safer.
HOLD
Precious metals don’t seem to respond to the fundamentals of supply and demand. That makes it very hard to forecast. This stock looks expensive to him.
COMMENT
Lagged the others because of its hedge book as well as its size, which becomes more and more difficult to show year-over-year production growth. In light of its hedges has been encountering higher costs in operating their mines.
DON'T BUY
Likes the gold market and gold stocks which he feels will go higher, but you want to go with producers who will grow their production. This company’s production has really slowed down.
PAST TOP PICK
(A top Pick June 26/06. Up 9.1%.) The best gold-mining company there is.
PAST TOP PICK
(A Top Pick Aug 2/06. Down 5%.) His model price is $42.64, a positive 24% differential.
TOP PICK
Likes the long-term outlook for gold. It was a very pure play pre the Placer acquisition. Sold the South African asset that was in Placer, which changes everything.
BUY
This is a good gold stock if you want something with lower risk. Has some pretty good fundamentals for the first time in years.
WAIT
Thinks a large symmetrical triangle is being built in gold so gold will just move sideways. Volatility will shrink. Basically, the stock is in an uptrend. It could work a little bit higher but you’ll probably have to wait a bit.
TOP PICK
Has a model price of $37.27, which gives it a 5% positive differential. Seeing a huge increase in the model price with earnings revisions going upwards.
BUY
A good pick for a novice gold investor. One of the dominant gold producers in the world. Very well-run company.
BUY
In a bear market, he likes stocks that people hate. This is one that is very much disliked. This company is in a gradual uptrend. It will be a beneficiary if gold stops going up. If you want to be in gold, this has the least amount of risk.
BUY
As the gold price started to increase, they had too much of a hedge position. Have unwound a good portion of it and this will be positive for them. Offers a lot of growth down the line.
PAST TOP PICK
(A Top Pick Mar 6/06. Up 5.7%.) With the Placer acquisition, it has a lot of growth coming. Every quarter, they are more and more fixing the hedge book. Would buy on any pullback.
TOP PICK
Started de-hedging at the beginning of the year. The hedge book is looking much healthier. The world's largest gold producer.
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