TSE:ABX

Barrick Mining (ABX.TO)

59.45
+1.24 (2.13%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
593 watching
0
Investor Insights
star iconJun 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 icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
Agnico, AEM
TOP PICK
(A Top Pick Nov 24/05. Up 7%.) Reduced their hedge book in the last quarter by almost 6 million ounces.
TOP PICK
(A Top Pick Mar 6/05. Up 10%.) Lowered their hedge book, which are now less than 10%, in the last quarter. Bought it for its production growth and its valuation.
BUY
Re: selling puts on this stock. This basically says the investor is obligated to buy the stock at the strike price of the put option until the option expires. Not a bad way to play gold.
DON'T BUY
Doesn't buy gold stocks due to the difficulty in forecasting the price of gold. Gold has now moved way past anyone's expectations making gold stocks vulnerable.
BUY
Most gold companies can make very good money at $400 an ounce. This one is hedged forward which they are trying to unwind. Their production has been a relatively flat but is starting to rise in 2007. Likes the new management.
BUY
Have been letting their hedge book roll off. Their merger with Placer was a very good deal and will be able to get a lot of synergies of this. There will be a much better production profile over the next couple of years.
DON'T BUY
The way gold has been reacting lately, this stock good improve significantly if gold continues to rise. Not sure that gold can sustain its fast rise.
DON'T BUY
Gold stocks have done well for at least 6 months. This stock has not kept up because of its hedges.
BUY
A solid company. One of the biggest now. A more conservative company. Not a bad one to own if you like conservative companies.
DON'T BUY
His last balance sheet is from December/05. They did a deal with Placer Dome which has yet to go on their balance sheet. Earnings estimates continue to go up. For the first time in 15 years, he has a model price that is close to the current price. His model price is $29.35.
WEAK BUY
This is not on the top of his list as a quality gold stock. The most hedged company out there. Has been making some slow, steady rises over the past few years. If you want to buy into it, the present pullback would be the time.
SELL
In spite of the increasing gold prices, the price of the stock stays pretty much the same through the years. Would own something that is a little more agile with a little more leverage to gold.
BUY
Barrick is cheaper than Goldcorp (GT). Believes it is the better buy of the two. Feels gold stocks are speculative.
BUY
If you are going to buy a gold stock you "gotta believe in gold". If you don't then, what's the point? (He believes, as much as $1000, or $600 this year). Some of his funds own Gold Corp, but not Barrick. He doesn't own it personally.
SELL
Has a problem with Barrick because of their hedge fund. They won't go up as high as other gold stocks because of it. On paper it's a billion or two dollar loss. He wouldn't buy a hedge stock. They will still rise, but he would switch to another gold that didn't have a hedge.
Showing 706 to 720 of 917 entries