TSE:ABX

Barrick Mining (ABX.TO)

57.66
+1.85 (3.31%)
as of Aug 12, 2026, 5:56:35 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.

consensus icon
Consensus
Mixed
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Valuation
Fair Value
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Similar
AgnicoEagle,AEM
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.
TOP PICK
Feels that gold's have been oversold. Could be traded in the next few months.
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