798

Barrick Gold (ABX-T)

ON STOCKCHASE SINCE Oct 2000

gold

precious metals

Barrick Gold
ABX-T

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What the experts are saying about ABX-T

Signal	Opinion	Expert
DON'T BUY	Barrick Gold(ABX-T) March 26, 2019 The gold industry gets a lot of attention but just isn't important, not anymore in Canada. These companies have shrunk a lot, and ABX's stock chart has declined like its peers. Yet, the gold biz still gets a lot of attention. He own no gold at all. Gold doesn't pay dividends. Gold is purely speculative. precious metals 0 0 0 0 0 0 comments	The gold industry gets a lot of attention but just isn't important, not anymore in Canada. These companies have shrunk a lot, and ABX's stock chart has declined like its peers. Yet, the gold biz still gets a lot of attention. He own no gold at all. Gold doesn't pay dividends. Gold is purely speculative. precious metals 0 0 0 0 0 0 comments David Baskin President, Baskin Wealth Manage... Price $19.420 Owned No

COMMENT	Barrick Gold(ABX-T) March 25, 2019 He's never owned much gold, because the companies have no control over the price of gold and geopolitics shift so quickly and effect gold companies. That said, Barrick is well-run and has made acquisitions recently that will benefit. Gold itself is no longer a hedge against a weakening market. precious metals 0 0 0 0 0 0 comments	He's never owned much gold, because the companies have no control over the price of gold and geopolitics shift so quickly and effect gold companies. That said, Barrick is well-run and has made acquisitions recently that will benefit. Gold itself is no longer a hedge against a weakening market. precious metals 0 0 0 0 0 0 comments Cole Kachur Senior Wea, ScotiaWealth Managem... Price $19.130 Owned No
PARTIAL BUY	Barrick Gold(ABX-T) March 22, 2019 Pretty positive. Wants to go higher. Battle between bulls and bears is around $18. Rising lows. Good seasonal time to look at it. He owns FNV. Good risk/reward here, and sometimes that's all you can ask for in investing. If you're a longer-term investor, you can buy this today but not the whole thing until you see it start to accelerate above $18. precious metals 0 0 0 0 0 0 comments	Pretty positive. Wants to go higher. Battle between bulls and bears is around $18. Rising lows. Good seasonal time to look at it. He owns FNV. Good risk/reward here, and sometimes that's all you can ask for in investing. If you're a longer-term investor, you can buy this today but not the whole thing until you see it start to accelerate above $18. precious metals 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $18.360 Owned No
DON'T BUY	Barrick Gold(ABX-T) March 18, 2019 Their attempted Newmont purchase was arrogant, but it worked out for them. They get the joint venture they wanted. It's synergistic. Management foresees more opportunities. Q4 earnings were up. Guidance shows higher operating costs and taxes--negatives. He needs to see the price of gold move, really break out. He needs to see evidence that ABX has turned the corner after years of not doing a good job for shareholders. precious metals 0 0 0 0 0 0 comments	Their attempted Newmont purchase was arrogant, but it worked out for them. They get the joint venture they wanted. It's synergistic. Management foresees more opportunities. Q4 earnings were up. Guidance shows higher operating costs and taxes--negatives. He needs to see the price of gold move, really break out. He needs to see evidence that ABX has turned the corner after years of not doing a good job for shareholders. precious metals 0 0 0 0 0 0 comments Greg Newman Director &, Scotia Wealth Manage... Price $17.370 Owned Unknown
TOP PICK	Barrick Gold(ABX-T) February 11, 2019 They got rid of their copper and made a a big acqusition in gold to become a pure gold play. Trades cheaply at 1.5x book. If gold does well, ABX will do well. (Analysts’ price target is $19.35) precious metals 0 0 0 0 0 0 comments	They got rid of their copper and made a a big acqusition in gold to become a pure gold play. Trades cheaply at 1.5x book. If gold does well, ABX will do well. (Analysts’ price target is $19.35) precious metals 0 0 0 0 0 0 comments Ross Healy Chairman, Strategic Analysis C... Price $17.950 Owned Yes
COMMENT	Barrick Gold(ABX-T) January 24, 2019 When you look at producers you have to look at the fundamentals but also you have to look at the commodity. He is not convinced that gold is going to go up a lot over the little while. He doesn't see a gold rush anytime soon. That would be a challenge for any producer. One of the theories is that gold is a hedge against falling stock markets. But there is no evidence of a negative correlation. It is not proven that if there is a crisis people go to gold. precious metals 0 0 0 0 0 0 comments	When you look at producers you have to look at the fundamentals but also you have to look at the commodity. He is not convinced that gold is going to go up a lot over the little while. He doesn't see a gold rush anytime soon. That would be a challenge for any producer. One of the theories is that gold is a hedge against falling stock markets. But there is no evidence of a negative correlation. It is not proven that if there is a crisis people go to gold. precious metals 0 0 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $15.830 Owned Unknown
BUY	Barrick Gold(ABX-T) January 3, 2019 He likes the gold generally speaking. They are heading higher because of the fiscal situation of the US, Europe, Japan and increasingly China. So he thinks a 10% to 20% of the portfolio should be on gold or gold stocks as a defense mechanism. precious metals 0 0 0 0 0 0 comments	He likes the gold generally speaking. They are heading higher because of the fiscal situation of the US, Europe, Japan and increasingly China. So he thinks a 10% to 20% of the portfolio should be on gold or gold stocks as a defense mechanism. precious metals 0 0 0 0 0 0 comments Ross Healy Chairman, Strategic Analysis C... Price $17.570 Owned Unknown
DON'T BUY	Barrick Gold(ABX-T) December 31, 2018 ABX-T vs. G-T. G-T is more the defacto go-to name. ABX-T does not have the growth any more. He thinks G-T has better assets. The problem with G-T used to be excessive valuation but that is not the case now. precious metals 0 0 0 0 0 0 comments	ABX-T vs. G-T. G-T is more the defacto go-to name. ABX-T does not have the growth any more. He thinks G-T has better assets. The problem with G-T used to be excessive valuation but that is not the case now. precious metals 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $18.430 Owned Unknown
BUY	Barrick Gold(ABX-T) December 18, 2018 Gold outlook? Gold seasonality is kicking in right now. Also note that the U.S. dollar should start to roll over now. Gold stocks are starting to move up. Gold looks gold now. $1,252 resistence. Barrick is a good play. Next resistance is at $20, then $23. If he didn't own Kirkland Lake, he'd buy this. precious metals 0 0 0 0 0 0 comments	Gold outlook? Gold seasonality is kicking in right now. Also note that the U.S. dollar should start to roll over now. Gold stocks are starting to move up. Gold looks gold now. $1,252 resistence. Barrick is a good play. Next resistance is at $20, then $23. If he didn't own Kirkland Lake, he'd buy this. precious metals 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $18.710 Owned No
DON'T BUY	Barrick Gold(ABX-T) November 9, 2018 Sentiment that the commodity has to turn around, it has been a very long negative period for the gold stocks. Gold stocks are not a great hedge to stock market correction or recession. The company is not profitable and are paying a dividend. They need higher prices for the dividend to survive. He believes they should not be paying a dividend. precious metals 0 0 0 0 0 0 comments	Sentiment that the commodity has to turn around, it has been a very long negative period for the gold stocks. Gold stocks are not a great hedge to stock market correction or recession. The company is not profitable and are paying a dividend. They need higher prices for the dividend to survive. He believes they should not be paying a dividend. precious metals 0 0 0 0 0 0 comments Rob Tetrault Portfolio , Tetrault Wealth Advi... Price $17.090 Owned No
COMMENT	Barrick Gold(ABX-T) November 5, 2018 Shareholders voted 99% in favour of takeover. precious metals 0 0 0 0 0 0 comments	Shareholders voted 99% in favour of takeover. precious metals 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $17.310 Owned Unknown
WATCH	Barrick Gold(ABX-T) November 1, 2018 It has been in a downtrend since 2016. He recommended clients add exposure two months ago. He likes the longer term trend break on ABX-T. The price action is positive. If we get above the April to July highs, that would be very strong and positive to support further upside. precious metals 0 0 0 0 0 0 comments	It has been in a downtrend since 2016. He recommended clients add exposure two months ago. He likes the longer term trend break on ABX-T. The price action is positive. If we get above the April to July highs, that would be very strong and positive to support further upside. precious metals 0 0 0 0 0 0 comments Javed Mirza Technical , Canaccord Genuity ... Price $17.500 Owned Yes
COMMENT	Barrick Gold(ABX-T) September 26, 2018 The announced merger is a signal of further consolidation yet to come in the sector. Gold’s relationship to economic turmoil may be weakening and he wonders if capital would flow back to miners in the event of crisis. He would prefer to hold an ETF for gold instead. precious metals 0 0 0 0 0 0 comments	The announced merger is a signal of further consolidation yet to come in the sector. Gold’s relationship to economic turmoil may be weakening and he wonders if capital would flow back to miners in the event of crisis. He would prefer to hold an ETF for gold instead. precious metals 0 0 0 0 0 0 comments Ryan Bushell President, Newhaven Asset Manag... Price $14.090 Owned No
DON'T BUY	Barrick Gold(ABX-T) September 26, 2018 Seen a downtrend since mid-2016, breaking old 2016 support. He doesn't see incoming support, Not good. precious metals 0 0 0 0 0 0 comments	Seen a downtrend since mid-2016, breaking old 2016 support. He doesn't see incoming support, Not good. precious metals 0 0 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $14.090 Owned Unknown
COMMENT	Barrick Gold(ABX-T) September 14, 2018 Gold didn't kick in in late July, defying seasonality (the opposite movement to the US dollar). Gold will depend on where the USD goes. He wants the current low to hold. Until there's clarity with US-China tensions, there won't be clarity about the USD and gold. precious metals 0 0 0 0 0 0 comments	Gold didn't kick in in late July, defying seasonality (the opposite movement to the US dollar). Gold will depend on where the USD goes. He wants the current low to hold. Until there's clarity with US-China tensions, there won't be clarity about the USD and gold. precious metals 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $13.190 Owned Unknown

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