TSE:ABX

Barrick Mining (ABX.TO)

57.66
+1.85 (3.31%)
as of Aug 12, 2026, 5:56:35 pm Market Open.
594 watching
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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
valuation icon
Valuation
Fair Value
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Similar
AgnicoEagle,AEM
DON'T BUY
Would like them to get rid of more of their hedge book faster. Not sure what their game plan is.
PAST TOP PICK
(Was a top pick on Sept 18/02. Down 7%.) Disappointed. The company gave a profit warning which was bizarre. They've had a change of CEO's.
BUY
Hedging in a very responsible way. Strong balance sheet.
TOP PICK
Had some operational problems in Nevada which are now cleared up. Reducing their hedging.
DON'T BUY
Cheaper than the mid cap golds. Stock is expensive.
PAST TOP PICK
(Was a top pick on Feb 25. No change.) Still likes.
DON'T BUY
Not happy about their proposed buy-back of shares as they have 4 projects to work on. Good management. Doesn't like their hedging.
BUY
Hedge position is OK. They have announced a buy back.
TOP PICK
(Was a top pick on July 23/02. Down 3.5%.) Barrick is slowly buying back their hedge book. May need a lot of patience.
BUY
Big hedge book so stock moved sideways during the big gold move. Cutting back on their hedging.
WEAK BUY
Did not respond well during the run up in gold. Hedge book interfered. New management. Reasonable value.
BUY
Expects gold to be ina long term bull market.
DON'T BUY
Not a fan of their hedging.
TOP PICK
At a 52 week low. Quality assets and great growth.
TOP PICK
Great growth opportunity. Expects 4 new projects from 2004 to 2008. Good price.
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