Key Takeaways Barrick Gold, a Canadian gold and copper producer, reported second-quarter adjusted earnings above estimates as gold prices rose. The gold producer said its first-half performance puts it on track to meet its goals for the full year. Barrick also said that it started buying back stock in the quarter as part of the $1 billion program it announced in February. Barrick Gold's (GOLD) second-quarter adjusted earnings beat estimates, as gold prices rose and the gold producer said its first-half perf ...

Barrick Gold is on track for its best single-session of 2024 after the miner's earnings Gold prices will be worth watching this week both before and after consumer price index (CPI) data is released for July. The safe-haven asset has stabilized in the wake of last Monday's shock selloff, and one mining stock is powering higher today. Barrick Gold Corp (NYSE:GOLD) is near the top of the New York Stock Exchange (NYSE) this morning, last seen up 4.9% to trade at $18.26. The Canada-based gold miner reported adj ...

Barrick Gold (GOLD) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 23.08%. A quarter ago, it was expected that this gold and copper mining company would post earnings of $0.16 per share when it actually produced earnings of $0.19, delivering a surprise of 18.75%. Over the last four ...

World class mines. World class people. Investor Presentation Presented in August 2024 NYSE: GOLD TSX: ABX Cautionary Statement on Forward-Looking Information… Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "expect", "strategy", ...

Second Quarter 2024 Results All amounts expressed in U.S. dollars TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today reported increased earnings and production for its second quarter, in line with guidance, and said the Company was on track for a strong second half of the year. Net earnings1 were up 25% and the attributable EBITDA margin2 was up 17% quarter on quarter to 48% with strong operating cash flows of $1.16 billion and a material increase in free cash flo ...

All amounts expressed in US dollars TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the second quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q2 2024 dividend will be paid on September 16, 2024 to shareholders of record at the close of business on August 30, 2024. In addition to the dividend, Barrick repurchased 2.95 mil ...

TORONTO, Aug. 8, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the second quarter of 2024. During the quarter, the Company produced 88,135 gold ounces ("oz") and sold 84,611 oz at total cost of sales, cash costs(1) and all-in sustaining costs ("AISC")(1) per oz sold of $1,547, $1,355, and $1,498, respectively. Importantly, Allied continues to deliver on its sustainable production base at sequentially lower co ...

VANCOUVER, BC, Aug. 8, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to report its second quarter ("Q2") 2024 production and financial results, as well as a significant increase to the Abore deposit Mineral Reserve estimate (effective June 30, 2024). Galiano owns a 90% interest in the Asanko Gold Mine ("AGM") located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa. All financial information contained in this news release is u ...

Barrick Gold Corp. (GOLD) , one of the largest gold mining companies in the world, is set to report second quarter 2024 earnings results on Aug 12, before the opening bell. The stock has an Earnings ESP of +3.29% and carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that for stocks with the combination of a Zacks Rank #1, 2 or 3 and a positive Earnings ESP, the chance of an earnings beat is as high as 70%. These stocks are anti ...

TORONTO, Aug. 7, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is pleased to announce that it has entered into a streaming transaction (the "Stream Transaction") with Triple Flag International Ltd., a wholly-owned subsidiary of Triple Flag Precious Metals Corp. (collectively, "Triple Flag"). Under the terms of the agreement, Allied will receive a US$53 million upfront cash payment (the "Advance Amount") and an ongoing payment equal to 10% of the spot gold price. Triple ...