07:38:03 EDT Mon 07 Sep 2026
Enter Symbol
or Name
USA
CA



Barrick Mining Corp
Symbol ABX
Shares Issued 1,645,884,419
Close 2026-08-26 C$ 65.17
Market Cap C$ 107,262,287,586
Recent Sedar+ Documents

Globe says Barrick Mining maintained at "buy"

2026-08-26 05:54 ET - In the News

The Globe and Mail reports in its Wednesday edition that Canaccord Genuity analyst Carey MacRury has an unchanged "buy" call on Barrick Mining. The Globe's David Leeder writes that Mr. MacRury gave his share target a $5 boost to $73, 72 cents ahead of the consensus. Mr. MacRury says in a note: "The company is tracking well against its 2026 guidance of 2.90-3.25Moz with H1 production of 1.52Moz, but the midpoint suggests a potential seventh year of declining gold production. That said, Barrick expects gold production to increase to 3.5Moz in 2027 and 3.6Moz in 2028. Barrick continues to advance a potential IPO of a minority interest in its North American assets following the settlement of the dispute with Newmont. As part of the settlement, Barrick will add Fourmile to the NGM JV while Newmont will contribute Mike and Fiberline. The net result is Newmont paying Barrick $1.95-billion. We carried Fourmile in our model at $13.2-billion, equating to $5-billion for Newmont s 38.5-per-cent stake. ... Our 'buy' rating is based on Barrick's high-quality asset portfolio and inexpensive valuation trading at 0.73 times NAV, below its closest peers, Newmont and Agnico, both at 0.99 times, and below its historical average of 0.79 times."

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