Viewing Company Barrick Gold | StockChase
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Compiling comments that experts make about stocks while on public TV.

Barrick Gold Stock Symbol: ABX-T

Notes:gold

Last Price Recorded: $23.2000 on 2016-09-27

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Date Signal Expert Opinion Price
2016-09-15 COMMENT Paul Harris, CFA

Feels this is restructuring, and he wouldn’t be looking to Buy this. They have done a good job of bringing down their debt levels. If you want to be in gold, you are better off being in the mid-cap or smaller cap name. This one tends to get in the way of itself sometimes, and he doesn’t see where growth is going to come from.


Price:
$23.240
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-09-08 BUY Matt Kacur

He recommends it to clients right now.  Gold stocks have been tough until very recently.  Return on capital went from 12% in 2011 to 1% now.  He expects that to go back up.  It is highly levered so it will move a lot compared to gold.  If gold moves the wrong way it could really drop.  Be aware of the risk.


Price:
$23.840
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Unknown
2016-08-25 COMMENT David Driscoll

Hold or sell? It comes down to what you are trying to accomplish. Is this a trade or an investment? In the short term, they have been busily trying to get rid of assets, because they have a big debt overhang that has got their credit rating under review, and a negative BB. (See Top Picks.)


Price:
$23.650
Subject:
GLOBAL
Bias:
BEARISH
Owned:
Unknown
2016-08-24 COMMENT Michael Sprung

Has been going through an extremely difficult transition. Had been fighting for its life and had to make some extremely difficult choices. Debt levels are fairly high, but it has been going in the right direction. Still one of the larger producers globally and a low cost producer. He wouldn’t bet against them.


Price:
$23.490
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 SELL Colin Stewart

(Market Call Minute.) This has had a big run, so if he had it, he would be inclined to take some profits, and reinvest elsewhere.


Price:
$26.780
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-11 COMMENT Ross Healy

When Barrick hit $31 as a high, it gave it a 4 times book valuation. It was a pretty extended move.  It got ahead of itself.  It has a lot inside of it and there is anticipation that it will come out.


Price:
$28.210
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2016-08-09 COMMENT James Rife

(Market Call Minute.) Probably one of the best turnaround stocks in large cap gold. Has got a lot of debt off the balance sheet and the price of gold is coming back. Really cleaning up nicely.


Price:
$28.190
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-08-08 DON'T BUY David Baskin

(Market Call Minute) Tremendous recovery.  He is not bullish on gold at all.


Price:
$28.210
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2016-07-25 HOLD Ryan Bushell

All gold stocks have run hard this year. This is partly because 1) gold was super depressed for 5 years and was due to change, 2) all the macro events, specifically the UK referendum. Now things have calmed down and people have sold off that trade. The problem is that there is no income to tide you over until things get better, so it really becomes a call on the share price. Traditionally this has been a poorly managed company, although it is getting better. He is not a big fan, and if you own he would suggest that you Hold in the hopes that you break even.


Price:
$26.210
Subject:
CANADIAN LARGE (DIVIDENDS)
Bias:
UNKNOWN
Owned:
No
2016-07-06 PARTIAL SELL John O'Connell, CFA

Up 100%. Hold or sell? If you are up 100% and are nervous, he would sell half. But if that goes up again, don’t regret your decision, just sell half again.


Price:
$30.030
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-27 COMMENT Larry Berman CFA, CMT, CTA

Ultimately gold is probably going to go higher, but right now when you look at this company, it is probably repricing in $1500, $1600, $1700 gold already. You are not buying this because there is good value there, you are buying it because it is a safety play right now. The stock is already becoming unglued and gold is not up very much, so he is not sure gold gives you the safety it used to. 


Price:
$27.600
Subject:
NORTH AMERICAN & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-06-27 HOLD Peter Brieger

Gold has gone up with fears about the BREXIT and global uncertainties. If there is some easing on the fears of BREXIT, then he could see gold pulling back $100 an ounce.


Price:
$27.600
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 COMMENT Mohsin Bashir

Gold. We are in an environment of currency wars, and as long as there is lesser confidence in the US currency appreciating, that means there is money going towards gold. The deferral of rising interest rates means that the US$ remains depressed for a longer period of time. Because of that, gold gets a significant lift. That can continue, because there always seems to be some excuse to not move on rates. He owns a different gold stock.


Price:
$24.540
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-15 COMMENT Bruce Campbell (1)

(Market Call Minute.) Not his favourite gold. Has had a nice rebound, but it is very large and harder to grow. Of the seniors, he prefers Goldcorp (G-T).


Price:
$26.520
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-14 COMMENT Christine Poole

Has had a really nice rally year to date with the gold price recovery. Thinks the stocks are a little ahead of the commodity. There is political uncertainty which would be beneficial for gold. If the US$ weakens, that would also be beneficial for gold. Her preference is to own the actual commodity, or the Central Fund of Canada.


Price:
$25.420
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
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