You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Barrick Gold Corporation (ABX)
- View ABX Profile
- View Questions on ABX

Q: Good morning,

What is your view on ABX today, it has lagged the stock price increase of AEM and NEM with gold at all time high of $2700.

Thanks,
George

Asked by George on October 21, 2024

5i Research Answer:

Our overall opinion is improving a little bit, but we would still prefer AEM, WPM, FNV over ABX. But cash flow is improving as is. production (a materially stronger Q4 was announced last week). The balance sheet is fine and valuation decent. Good, just not great.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use