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

Home

Daily Stock Opinions and Ratings

Barrick Mining (ABX.TO)

57.66

+1.85 (3.31%)

as of Aug 12, 2026, 5:56:35 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

TOP PICK

At this stage in the market, everybody should have a gold stock (10%) in their portfolio. We are in the last third of the bull market and golds are now starting to pick up. Watch for $28/29, but it should not happen.

PAST TOP PICK

(A Top Pick May 19/05. Up 8%.) Returning to be one of the more formidable mining companies. Expect them to be a leader in the next move up. Still likes.

DON'T BUY

The hedge book continues to sit there like a sore thumb. Doesn't care for this company.

BUY

Good transparency. Has a bunch of projects on the go that will move production from 5 to 7. Also has several mines which he thinks are going to have a growth profile. Undervalued.

COMMENT

Caller: Bull on gold. Sells PUTs out about 1.5 years on senior golds such as Placer (PDG-T) Barrick (ABX-T) or Newmont (NEM-N), and prepared to have the stocks sold to him at that price. Good idea? Answer: Great idea. Options on gold stocks are about the 4th decile in terms of their price (probably twice as expensive as options on the TSX (X-T) to give some perspective). This will give you a decent premium.

TOP PICK

A turn around. Its 3 year chart shows it has been sideways to slightly upwards. Expecting a 40% jump in gold production by 2007.

BUY

Owns both Placer Dome (PDG-T) and Barrick (ABX-T), but right now prefers Barrick which has the best growth profile amongst the majors. Hedges are still costing them a little bit but investors are starting to look that over a little bit. Barrick has falling costs and rising production, but that's not the case with Placer Dome. Drop in price is starting to represent some value.

WAIT

Keep a close eye on golds. His sector model indicates they are pretty sold out. Wait for buying to come back into the market. US$ has been strengthening against the Euro and there's been a very tight correlation with gold to the US$. Look for 1) stocks to rally along with the gold price and 2) gold starting to trade independently of the US$.

Wealthica Track your Stocks in your Watch List

BUY

Likes the outlook for gold. Prefers Barrick Gold (ABX-T) over Placer Dome (PDG-T). Their prospects can be better assessed with the new mines and areas coming on. Placer Dome (PDG-T) doesn't have quite as robust a future for potential production going forward.

BUY

You should have some gold in your portfolio for diversification. Would start with a big gold company like this.

WAIT

Likes Barrick better than Placer Dome (PDG-T). It is cheaper. Gold could fall a bit further and that would be the time to add. All the gold stocks will do well over a long period of time.

BUY

Positive on gold and this is one of the biggest producers in the world.

BUY

His gold holdings were not very productive in '04, but sees a pretty reasonable future in this area. Barrick seems to have got its act together. Prefers Barrick over Placer Dome (PDG-T).

TOP PICK

Has one of the best growth profiles of the senior gold stocks with about 4 mines that should be able to come on in the next few years. Cheap valuation. Caught up in its hedge book, but as time goes on, it will be able to roll off its hedges.

DON'T BUY

Overvalued

Showing 736 to 750 of 919 entries

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

Shannon Saccocia, CIO, Boston Private

Boston Private

Joe Terranova

Virtus Investment Partners

Bryn Talkington

Requisite Capital Management

Brian Belski

BMO Capital Markets

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Barrick Mining (ABX.TO)