TSE:ABX

Barrick Mining (ABX.TO)

59.89
-2.27 (3.65%)
as of Sep 1, 2026, 8:00:00 pm Market Open.
594 watching
0
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.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
AEM
TOP PICK
Feels that gold's have been oversold. Could be traded in the next few months.
BUY
Thinks the US dollar will stay decently strong for the next six months. We'll probably drop over the next few years. Very cheap.
TOP PICK
A perfect chicken's way to have some exposure to gold. If gold goes up, they'll like a little bit, but on hedge more of their gold. If gold goes down, they still have the hedge.
DON'T BUY
Looks particularly expensive.
DON'T BUY
Would be happier if they reduced their hedging. Prefers others.
BUY
Golds have been under pressure because of expected interest rate rise and a rally in the US dollar. Thinks it still has potential.
PAST TOP PICK
(A past top pick Jan 22/04. Up 16%.) Recommended because it had been a laggard. Rumors of a takeover are pushing prices higher. Expects to see a little bit more upside.
HOLD
Have been disappointed in the stock. Performance has been choppy. Have gone through some management changes so is probably sorting itself out. Reserve growth and production growth a year out looks good.
TRADE
Slowly reducing their hedge.
BUY
Its numbers for the fourth quarter where a bit better than expected. Their costs per ounce are going to go up 10% and production is going to drop 10%. Probably the easiest way to play gold in Canada.
DON'T BUY
If gold stayed in the lower end of the $325/400 range, they probably would reduce their hedge book further which would help, but their hedge book is holding them back.
WEAK BUY
Could see a short-term upswing for the gold sector. Would take some profits at that time.
TOP PICK
Costs are going up, output is going down 10%. Hasn't gone up at all.
PAST TOP PICK
(Was a Top Pick Nov 26/03. Down 8%.) Stock is coming back into support level. Expects gold to reach $500.
WEAK BUY
Have 15.5 million ounces. Hedge book is bullet proof. Undervalued, would buy.
Showing 766 to 780 of 920 entries