skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. ABX: Good afternoon, What is your view of ABX after all the problems in Mali and the temporary closure of one of its best mines. [Barrick Gold Corporation]
You can view 0 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.

Q: Good afternoon,

What is your view of ABX after all the problems in Mali and the temporary closure of one of its best mines. Is it a buy at these prices?

Thanks,
George
Asked by George on January 15, 2025
5i Research Answer:

The initial dispute started in October, and the stock is down 20% since then. Recent events have not seen much more movement. The mine is ABX's second biggest and a very big contributor to the government. Other miners have had disputes in the country and have settled, and we would expect a resolution here at some point and at some price. We would see it more as a buy, but certainly the short term risk has increased. 

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