Barrick Mining (ABX.TO) Buy, Sell or Hold

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Barrick Mining (ABX.TO)

57.47

+1.66 (2.97%)

as of Aug 12, 2026, 8:00:00 pm Market Open.

594 watching

Investor Insights

Aug 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.

Consensus

Mixed

Valuation

Fair Value

Similar

AgnicoEagle,AEM

PAST TOP PICK

(A Top Pick Mar 26/06. Down 2.8%.) Before today's meltdown, it would have still been up. In the interim, has been as high as $38. Has hacked their hedge book down to 9%. Would be a buyer at this price.

DON'T BUY

Has-been range bound for the last 6 years even though gold goes up and down.

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.

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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.

Showing 706 to 720 of 919 entries

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

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Boston Private

Joe Terranova

Virtus Investment Partners

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Requisite Capital Management

Brian Belski

BMO Capital Markets

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Barrick Mining (ABX.TO)