Barrick Mining (ABX) Stock Overview
Engages in the exploration, development, production, and sale of mineral properties. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
ABX Community Fair Values
Create NarrativeSee what 233 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
CA$60
FV
4.7% undervalued intrinsic discount8.80%
Revenue growth p.a.
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users have viewed this narrative7users have liked this narrative
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Materials opportunity
ST
Fair Value from
CA$5.0768.0% undervalued intrinsic discount
An Undervalued 3.3Moz Gold Project in Canada
Key takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.
Read full narrativeBarrick Mining Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$57.20 |
| 52 Week High | CA$74.00 |
| 52 Week Low | CA$24.29 |
| Beta | 1.07 |
| 1 Month Change | -0.64% |
| 3 Month Change | -7.37% |
| 1 Year Change | 117.66% |
| 3 Year Change | 122.83% |
| 5 Year Change | 99.30% |
| Change since IPO | 4,781.07% |
Recent News & Updates
Narrative Update • May 02
ABX: Lower P/E Outlook And Asset Split Will Pressure Shares
Analysts have trimmed their fair value estimate for Barrick Mining from about CA$46.30 to roughly CA$33.69, reflecting updated assumptions around discount rates, revenue, profit margins and a lower future P/E multiple similar to recent price target resets seen across the sector. Analyst Commentary Recent bearish adjustments to fair value estimates for Barrick Mining echo a broader pattern of caution seen in other resource names.
Narrative Update • Apr 18
ABX: Reko Diq Review And Project Delays Will Shape Future Upside
Analysts have raised their CA$ fair value estimate for Barrick Mining from about CA$65.36 to about CA$71.61, citing updated assumptions around discount rates, revenue growth, margins, and a slightly lower future P/E multiple that together support the higher price target. Analyst Commentary Analysts are updating their views on Barrick Mining in the context of broader sector research that has recently featured valuation resets and rating changes for peers.Recent updates
Narrative Update • May 02
ABX: Lower P/E Outlook And Asset Split Will Pressure Shares
Analysts have trimmed their fair value estimate for Barrick Mining from about CA$46.30 to roughly CA$33.69, reflecting updated assumptions around discount rates, revenue, profit margins and a lower future P/E multiple similar to recent price target resets seen across the sector. Analyst Commentary Recent bearish adjustments to fair value estimates for Barrick Mining echo a broader pattern of caution seen in other resource names.Narrative Update • Apr 18
ABX: Reko Diq Review And Project Delays Will Shape Future Upside
Analysts have raised their CA$ fair value estimate for Barrick Mining from about CA$65.36 to about CA$71.61, citing updated assumptions around discount rates, revenue growth, margins, and a slightly lower future P/E multiple that together support the higher price target. Analyst Commentary Analysts are updating their views on Barrick Mining in the context of broader sector research that has recently featured valuation resets and rating changes for peers.Narrative Update • Apr 03
ABX: Lower Margin Outlook And Business Split Will Pressure Shares
Analysts have trimmed their fair value estimate for Barrick Mining, cutting the implied price target from about CA$50.72 to roughly CA$46.30 as they factor in a slightly lower profit margin outlook, a more modest future P/E and updated expectations for revenue growth. Analyst Commentary Bearish analysts have recently become more cautious on mining and resource names, highlighting that sharp share price moves can quickly compress future return potential, even when company fundamentals are viewed as solid.
Narrative Update • Mar 20
ABX: Future Asset Split And Buybacks Will Drive Rerating Potential
Analysts have trimmed their fair value estimate for Barrick Mining to CA$96.06 from CA$100.75, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E in a move similar in tone to recent valuation driven rating changes seen elsewhere on the Street. Analyst Commentary Recent trims to fair value for Barrick Mining come against a backdrop where valuation discipline is front and center across the market.Narrative Update • Mar 06
ABX: Planned Business Split Will Pressure Shares Despite Higher P/E Multiple
Analysts have adjusted their fair value estimate for Barrick Mining to CA$50.72 from CA$47.98, reflecting updated assumptions on revenue growth, profit margins, discount rates, and future P/E expectations. What's in the News Barrick Mining reported fourth quarter 2025 production of 871,000 ounces of gold and 62,000 tonnes of copper, and full year 2025 production of 3,255,000 ounces of gold and 220,000 tonnes of copper, compared with 3,911,000 ounces of gold and 195,000 tonnes of copper a year earlier (company announcement of operating results).Narrative Update • Feb 20
ABX: Planned Business Split And Rich P/E Will Pressure Shares
Analysts have lifted their CA$ fair value estimate for Barrick Mining to about CA$48 from roughly CA$42, pointing to updated assumptions that include a slightly higher discount rate, more moderate revenue growth and margins, and a higher future P/E multiple. What's in the News The board is exploring a potential split of the business, with plans to spin off Barrick's premier North American mining operations into a separate listed company, following pressure from activist investor Elliott Investment Management (company announcement).Narrative Update • Feb 05
ABX: Future Asset Split And New Leadership Will Drive Rerating Potential
Analysts have lifted their fair value estimate for Barrick Mining from US$80.05 to US$100.75, citing updated assumptions for discount rate, revenue growth, profit margins and future P/E as the key drivers behind the higher target. What's in the News Barrick issued production guidance for 2026, with expected gold output of 2.90 million to 3.25 million ounces and copper output of 190,000 to 220,000 tonnes (Corporate guidance).Narrative Update • Jan 22
ABX: Future Corporate Split Will Weigh On Shares Despite Stronger Outlook
Analysts have raised their price target on Barrick Mining from US$31.15 to US$42.23, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple as the key drivers of the revised outlook. What's in the News Barrick Mining plans a leadership change in the finance team, with board member Helen Cai set to become Chief Financial Officer on March 1, 2026, following the departure of current CFO Graham Shuttleworth after the 2025 year end results.Narrative Update • Jan 08
ABX: Future Corporate Split Plans Will Drive Rerating Potential
Analysts have lifted their price target on Barrick Mining by an implied 64% to approximately US$80. They point to updated assumptions around fair value, discount rate, revenue growth, profit margin and a higher future P/E multiple as key drivers of the change.Narrative Update • Dec 24
ABX: Activist Spin Off, Governance Shifts And Payout Actions Will Shape Outlook
Analysts have raised their price target on Barrick Mining by approximately 5 percent to about $65 per share, citing slightly lower discount rate assumptions along with modestly stronger expectations for revenue growth, profit margins, and a still attractive future P/E multiple. What's in the News Barrick has agreed to explore a potential spin off of its premier North American mining assets into a separately listed NewCo following pressure from activist investor Elliott Investment Management, targeting the company’s valuation gap and geopolitical risk profile (company announcement).Narrative Update • Dec 10
ABX: Activist-Led Split, Payout Moves And Leadership Change Will Shape Outlook
Analysts have modestly raised their price target on Barrick Mining to approximately $62 per share from about $59.50, citing slightly stronger expectations for revenue growth and valuation multiples, despite a marginally lower projected profit margin. What's in the News Barrick's board, under pressure from activist investor Elliott Investment Management, has approved exploring a major corporate split that would spin off its premier North American mining assets into a new listed company.Analysis Article • Nov 27
Earnings Tell The Story For Barrick Mining Corporation (TSE:ABX) As Its Stock Soars 29%
Despite an already strong run, Barrick Mining Corporation ( TSE:ABX ) shares have been powering on, with a gain of 29...Narrative Update • Nov 25
ABX: Settlement And Buybacks Will Shape Opportunities Amid Production Shifts
Analysts have increased their price target for Barrick Mining from $54.72 to $59.49. This change reflects improved profit margin forecasts as well as a slightly lower discount rate.Narrative Update • Nov 09
ABX: Future Nevada Developments And Acquisition Interest Will Drive Upside Potential
Analysts have raised their price target for Barrick Mining from $51.84 to $54.72. This reflects updated views on the company's future profitability and growth potential.Narrative Update • Oct 26
Major Gold Discovery And Leadership Transition Will Drive Future Opportunity
Barrick Mining's analyst price target has been raised from $48.36 to $51.84. This change reflects analysts' increased confidence in the company's improved revenue growth projections and higher expected profit margins.Analysis Article • Oct 21
Weekly Picks: 💻 A Hedge Against US Government Shutdown And 2 More Picks
This week’s picks cover: How UPS plans to cut costs and automate its way back to profitability, why Paradigm Biopharma could soar if its osteoarthritis drug wins FDA approval, and how Barrick Mining offers a hedge against U.S. fiscal chaosNarrative Update • Oct 12
Gold And Copper Capacity Expansion Will Capture Future Demand
Analysts have raised their price target for Barrick Mining from $45.53 to $48.36. They cite strengthened revenue growth forecasts and improved profit margins as key drivers for the upward revision.
New Narrative • Sep 29
Barrick Mining (ABX:CA): A Gold Hedge against a U.S. Shutdown
Barrick looks undervalued at CAD 48.07 with fair value closer to CAD 55, as gold’s safe-haven role comes into focus with a looming U.S. shutdown. Introduction As investors brace for a likely U.S. government shutdown on October 1, gold is again in the spotlight as a hedge against political and financial instability.Narrative Update • Sep 28
Gold And Copper Capacity Expansion Will Capture Future Demand
Barrick Mining’s fair value has been revised upward as reflected by a higher Future P/E and only a marginal decline in net profit margin, resulting in a substantial increase in the consensus analyst price target from CA$38.37 to CA$45.53. What's in the News Barrick's Fourmile project in Nevada is emerging as a potential Tier One gold asset, with a new PEA indicating exceptional grades, scale, and low-cost, long-life production; significant expansion in exploration drilling is planned through 2028.Narrative Update • Sep 13
Gold And Copper Capacity Expansion Will Capture Future Demand
The consensus future P/E for Barrick Mining has increased substantially while revenue growth forecasts have edged lower, resulting in only a marginal upward revision in the fair value price target to CA$38.37. What's in the News Barrick provided 2025 production guidance of 3.15–3.5 million ounces of gold and 200,000–230,000 tonnes of copper.Analysis Article • Sep 03
Further Upside For Barrick Mining Corporation (TSE:ABX) Shares Could Introduce Price Risks After 26% Bounce
Barrick Mining Corporation ( TSE:ABX ) shares have continued their recent momentum with a 26% gain in the last month...Narrative Update • Aug 27
Gold And Copper Capacity Expansion Will Capture Future Demand
Barrick Mining’s future P/E ratio has increased significantly, indicating higher growth expectations or a more expensive valuation despite a decline in net profit margin, resulting in a nearly unchanged consensus analyst price target of CA$37.98. What's in the News Barrick Mining issued 2025 guidance with expected gold production of 3.15–3.5 million ounces and copper production of 200,000–230,000 tonnes.Analysis Article • Jun 22
Investors Aren't Entirely Convinced By Barrick Mining Corporation's (TSE:ABX) Earnings
It's not a stretch to say that Barrick Mining Corporation's ( TSE:ABX ) price-to-earnings (or "P/E") ratio of 15.5x...Analysis Article • May 25
Here's Why Barrick Mining (TSE:ABX) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
New Narrative • Feb 09
Reko Diq And Fourmile Projects Will Expand Production And Diversify Operations
Strategic investments in new projects and expansions position Barrick for sustained production growth, boosting future revenues and diversification.Shareholder Returns
| ABX | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 7.2% | 6.2% | 2.3% |
| 1Y | 117.7% | 90.9% | 34.5% |
Return vs Industry: ABX exceeded the Canadian Metals and Mining industry which returned 90.9% over the past year.
Return vs Market: ABX exceeded the Canadian Market which returned 34.5% over the past year.
Price Volatility
| ABX volatility | |
|---|---|
| ABX Average Weekly Movement | 6.5% |
| Metals and Mining Industry Average Movement | 12.0% |
| Market Average Movement | 10.3% |
| 10% most volatile stocks in CA Market | 17.8% |
| 10% least volatile stocks in CA Market | 4.0% |
Stable Share Price: ABX has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: ABX's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | n/a | Mark Hill | www.barrick.com |
Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. It explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining Corporation in May 2025.
Barrick Mining Corporation Fundamentals Summary
| ABX fundamental statistics | |
|---|---|
| Market cap | CA$95.09b |
| Earnings (TTM) | CA$6.82b |
| Revenue (TTM) | CA$23.15b |
14.1x
P/E Ratio4.1x
P/S RatioIs ABX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABX income statement (TTM) | |
|---|---|
| Revenue | US$16.96b |
| Cost of Revenue | US$8.27b |
| Gross Profit | US$8.69b |
| Other Expenses | US$3.70b |
| Earnings | US$4.99b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 11, 2026
| Earnings per share (EPS) | 2.98 |
| Gross Margin | 51.26% |
| Net Profit Margin | 29.45% |
| Debt/Equity Ratio | 14.4% |
How did ABX perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield17%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 21:24 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Barrick Mining Corporation is covered by 49 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| David Coleman | Argus Research Company |
| Richard Gray | ATB Cormark |