blue-chip

Momentum Model Portfolio Rebalancing: EXIT (TSX: ABX) and ENTRY (TSX: EDR)

Jun 18, 2025 | Team Kalkine
Momentum Model Portfolio Rebalancing:  EXIT (TSX: ABX) and ENTRY (TSX: EDR)
Image source: shutterstock

ABX:TSX
Investment Type
Large-cap
Risk Level
Action
Rec. Price (CA$)
EDR:TSX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)

Exit Case: Barrick Mining Corporation (TSX: ABX)

Overview: Barrick Gold Corporation (TSX: ABX) is a leading international mining company engaged in the production and sale of gold and copper, along with related exploration and development activities. The company operates a diverse portfolio of high-quality mines and projects across key mining regions worldwide. ABX has been a part of the 'Momentum Model Portfolio' since May 30, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 29.14 as on June 17, 2025.

ABXs Daily Chart

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Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.