TSE:ABX

Barrick Mining (ABX.TO)

59.89
-2.27 (3.65%)
as of Sep 1, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconSep 1, 2026, 12:00 am

This summary was created by AI, based on 14 opinions in the last 12 months.

Barrick Mining (ABX-T) has received a mixed set of reviews from experts, reflecting varied opinions on its current investment potential. Some analysts highlight the company's geographic diversification and copper exposure, praising its recent performance alongside the rise in gold prices. However, several experts prefer peers like Agnico Eagle Mines (AEM) due to perceived safer mining jurisdictions and better management of shareholder capital. Issues surrounding a recent joint venture dispute with Newmont have also contributed to a drop in shares, and concerns linger about Barrick's production growth and valuation. On the technical side, some analysts see bullish momentum surrounding Barrick, though questions regarding its long-term sustainability are evident. Overall, the gold sector remains uncertain amidst shifting economic conditions and global conflict, impacting investment sentiment towards Barrick Mining.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
AEM
DON'T BUY
Overvalued
BUY
Equally as good as Placer which was his Top Pick. They are embarking on 5 new mines they are bringing into production. Their gold production is really going to ramp up.
WEAK BUY
Gold companies are a play on the US$ at this time. If you buy, it might as well be one with good resources and has a history of making money. Would rather buy this than a junior explorer.
BUY
Gold is going up, but this stock is lagging because in Cdn$'s, gold is actually going down. Only a matter of time. Would prefer a Placer or Newmont.
TOP PICK
Has not moved with the price of gold, but is the most attractively valued among the seniors.
BUY
Likes the gold sector right now.
BUY
Hedging has been a problem. Starting to unwind some of them. They have lagged other gold companies. Have a lot of new production coming on in '05.
BUY
A good proxy for gold. Worlwide ore bodies. At a good price.
TOP PICK
Gold and gold companies are a great hedge against the US$. This stock is undervalued trading at 1.3 X the net asset value. Some good exploration potential. Their hedge book is slowly unwinding.
DON'T BUY
Has transitioned itself from a hedge company. An OK company, but doesn't see it outperforming. Would prefer Newmont Mining.
PAST TOP PICK
(Past top pick May 18/04. Down 9%.) Unwinding its hedge position. Strictly a play on gold.
PAST TOP PICK
(Past top pick May 5/04. Up 10%.) Hoping there are better things out of this company. Still believers in the story long-term. Still buying.
BUY
A clever company.
DON'T BUY
Looking to Tanzania for more resources. This should be a good area for them. Prefers unhedged and small-cap golds.
DON'T BUY
Still a significant issue with hedging. If gold prices rise significantly, as he expects, this will be a significant issue for them. Better leverage to gold prices than this stock.
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