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: $26.1000 on 2017-02-22

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Date Signal Expert Opinion Price
2017-02-06 SELL Brian Acker, CA

It will be interesting if they can get a positive transit of EBV+4, or is this a double top?  He is watching this one carefully to see what happens.  $17.21 is the model rice, 30% lower.  The earnings forecast is very disappointing.  We will see.  Sell around $26.66 and see what happens.  He thinks a top is forming.


Price:
$25.400
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL on FINANCIALS
Owned:
Unknown
2017-01-19 PAST TOP PICK Ross Healy

(Top Pick Jan 26/16, Up 66.68%) It has already had a massive set back.  He was glad of that.  Gold has a place in every portfolio.  Trump may push up the US$ which is negative for gold.  Interest rate increases would be negative for gold.  So he has stepped aside from the group.


Price:
$22.560
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2017-01-06 COMMENT Matt Kacur

Gold is very difficult in that the underlying commodity goes up and down, and is very difficult to predict the direction. However, it looks like gold has found a comfortable level, and doesn’t feel like it is going to go down from here. If anything, he feels it will go higher. This company is at an all-time low on ROC. Because of the nature of the cycle they are going to start to turn that around. Due to their leverage on their balance sheet, it is going to actually work in their favour. He could see this, optimistically, in the high $30.


Price:
$22.370
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2017-01-05 DON'T BUY Brian Acker, CA

He is bearish on gold.  Bit Coin shot up last night.  Chinese investors are going after Bit Coin instead of gold.  ABX-T had a positive transit last week.  His model price is $17.91.  The fundamentals aren’t quite there. 


Price:
$23.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL
Owned:
Unknown
2016-12-01 PAST TOP PICK Ross Healy

(A Top Pick Jan 26/16. Up 49.48%.) The stock actually got up to $31, and had a 40% correction from the top. He has a technical line in the sand at about $14. He is concerned about the price of bullion in the next while.


Price:
$20.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-11-11 COMMENT Rick Rule

A vastly improved company this year. His suspicion is that gold will be trading “sideways to down” to the end of the year. Next year will be very good for gold. You are always better off buying better companies, rather than pure marginality and optionality.


Price:
$20.060
Subject:
PRECIOUS METALS
Bias:
UNKNOWN
Owned:
Unknown
2016-10-26 COMMENT Cole Kachur

Doesn’t have a lot of gold exposure except for this. Feels the name is going to continue to perform well.


Price:
$22.240
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-10-24 TOP PICK Michael Underhill

They returned debt earlier this year.  Cost profitability has goes up and you will see better margins when they report later this week.  The uncertainty with US elections and dollar, gold will come back into favour.


Price:
$22.090
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Yes
2016-10-18 DON'T BUY Steve DiGregorio

(Market Call Minute.) Owns a very small position, but doesn’t love the golds.


Price:
$21.470
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2016-09-28 COMMENT Rick Rule

Feels the very large gold companies will do well for the balance of this year. This one will benefit because of an expansion of margin. It looks like they have sold some of their problems. Also, the Canadian generalist institutions are underweight gold, and he thinks they will have to buy this for the balance of the year.


Price:
$23.590
Subject:
PRECIOUS METALS
Bias:
UNKNOWN
Owned:
Unknown
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
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