09:02:23 EDT Fri 04 Sep 2026
Enter Symbol
or Name
USA
CA



Barrick Mining Corp
Symbol ABX
Shares Issued 1,645,884,419
Close 2026-09-03 C$ 63.03
Market Cap C$ 103,740,094,930
Recent Sedar+ Documents

Globe says Barrick Mining seen still facing challenges

2026-09-04 07:04 ET - In the News

The Globe and Mail reports in its Friday, Sept. 4, edition that Citi analyst Alexander Hacking has resumed coverage on Barrick Mining with a "neutral" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hacking gave his share target a $4 boost to $45 (all figures U.S.). Analysts on average target the shares at $52.57. Mr. Hacking says in a note: "The stock has the highest FCF yield amongst major gold miners but still faces challenges to unlock this value. ... Positive factors include multiple Tier 1 gold mines, relatively low cost operations with significant FCF generation at current prices, exposure to copper and a strong balance sheet. Negative factors include geopolitical risk, recent operating challenges and a general difficulty in growing production from such a large existing base. On balance, we see equal upside and downside at current levels." Mr. Hacking now sees the "most pressing task" for Barrick as "getting key operations to full potential. ... We remain broadly positive on large cap gold equities." The Globe reported on Feb. 10 and July 28 that Mr. Hacking continued to rate Barrick Mining "neutral." The shares could then be had for $46.95 and $36.39.

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