TSE:ABX

Barrick Mining (ABX.TO)

59.45
+1.24 (2.13%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
593 watching
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Investor Insights
star iconJun 4, 2026, 12:00 am

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

Barrick Mining (ABX-T) has garnered mixed reviews from experts, with some bullish on the gold sector and the company's positioning within it. Analysts highlight its potential as a safe haven during periods of economic uncertainty, particularly with ongoing geopolitical tensions. However, concerns regarding the production growth and valuation compared to peers are prevalent, with some suggesting that Barrick's recent rise is more reflective of increasing gold prices rather than its operational efficacy. Additionally, challenges in specific regions, such as Mali and rising operational costs in Nevada, introduce uncertainties around the company’s future performance. Overall, while it holds strategic assets and a solid dividend yield, the stock’s growth potential remains debated among analysts.

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Consensus
Mixed
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Valuation
Fair Value
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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.
TOP PICK
Their hedging is down to 16%. Trading at 25/30% discount to Newmont. Great balance sheet.
BUY
An undervalued story. A large nickel deposit in Tanzania.
DON'T BUY
Was getting some traction based on speculation that they were going to reduce their hedge book. Started to back off now and is doing poorer than the sector.
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