Have you been paying attention to shares of Barrick Gold (GOLD) ? Shares have been on the move with the stock up 15.1% over the past month. The stock hit a new 52-week high of $19.45 in the previous session. Barrick Gold has gained 4.4% since the start of the year compared to the -1.1% move for the Zacks Basic Materials sector and the 23.4% return for the Zacks Mining - Gold industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed ou ...

The investment community will be closely monitoring the performance of Barrick Gold in its forthcoming earnings report. The company is scheduled to release its earnings on August 12, 2024. In that report, analysts expect Barrick Gold to post earnings of $0.25 per share. This would mark year-over-year growth of 31.58%. Meanwhile, our latest consensus estimate is calling for revenue of $3.02 billion, up 6.45% from the prior-year quarter. With respect to valuation, Barrick Gold is currently being traded at a F ...

The net proceeds of the Offering will be used for development expenditures at the Company's Koné Project, exploration, and for working capital and general corporate purposes. Subject to applicable regulatory requirements, the Common Shares issued pursuant to the Offering will be offered for sale to purchasers resident in Canada and other qualifying jurisdictions, in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in s ...

This gold and copper mining company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 23.66%. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate coul ...

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. GOLD cu ...

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Shares of the gold and copper mining company witnessed a gain of 7.79% over the previous month, beating the performance of the Basic Materials sector with its loss of 3.78% and the S&P 500's gain of 4.44%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.07 per share and revenue of $12.59 billion. These totals would mark changes of +27.38% and +10.48%, respectively, from last year. Based on our research, we believe these estimate revisions are directly re ...

HIGHLIGHTS: ABIDJAN, Cote d'Ivoire, July 10, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to report that the Council of Ministers of Côte d'Ivoire has today announced that it has awarded the mining permit for the Koné project to Montage. Martino De Ciccio, CEO of Montage, commented: "We are delighted to be awarded our mining permit which represents a significant milestone in the development of our Koné project and reflects the strong support recei ...

Barrick Gold Corporation (GOLD) stressed the need to ensure the long-term sustainability of the LouloGounkoto gold mining complex to support Mali's mining industry and its significant economic contributions. In a recent address to local media and stakeholders, Barrick highlighted its investment of over $10 billion into Mali's economy in the past 29 years. The company's mines have consistently accounted for between 5% and 10% of the country's GDP annually. In the past year alone, Barrick's contributions to t ...

VANCOUVER, BC, July 10, 2024 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla") (NYSE American: MTA) (TSXV: MTA) is pleased to report that G Mining Ventures Corp. ("G Mining") (TSX: GMIN) has announced by press release1 the first gold pour at the Tocantinzinho ("TZ") gold project in the State of Pará, Brazil, where Metalla holds a 0.75% Gross Value Royalty ("GVR"). TOCANTINZINHO ROYALTY MAP Proven Reserves Probable Reserves Proven & Probable Measured Resources Indicated Resources Measured & Indicat ...