Barrick Gold (GOLD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this gold and copper mining company have returned -6.6%, compared to the Zacks S&P 500 composite's -0.3% change. During this period, the Zacks Mining - Gold industry, which Barrick Gold falls in, has gained 1.2%. The key question now is: What could be the stock's future direction?A ...

Barrick Gold Corporation (GOLD) recently announced that its subsidiary, Barrick Gold (International Holdings) Ltd., has entered into an exploratory earn-in agreement with Geophysx Jamaica Ltd. for certain assets in Jamaica.The agreement initially grants Barrick access to about 4,000 square kilometers of consolidated land positions across the country, with a favorable geological setting similar to the Dominican Republic, where Barrick runs the Pueblo Viejo mine.Barrick will be able to collaborate with Geophy ...

Uncertainty surrounding the Federal Reserve’s rate cut schedule has investors stuck in a holding pattern until more data defines the country's fiscal path. It also means safe-haven assets like gold -- as well as more volatile currencies like Bitcoin (BTC) -- generate a lot of buzz.This week in our Cheap Seats: Stocks Under $20 segment, we're looking at two stocks tied to two very different currencies, but that are affordably priced; Barrick Gold Corp (NYSE:GOLD) and cryptocurrency-adjacent name Marathon Dig ...

Barrick Gold Corporation (GOLD) recorded net earnings (on a reported basis) of $295 million or 17 cents per share in first-quarter 2024. The figure improved from $120 million or 7 cents per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were 19 cents. The figure beat the Zacks Consensus Estimate of 16 cents.Barrick recorded total sales of $2,747 million, up 4% year over year. The figure missed the Zacks Consensus Estimate of $2,932 million. Operational HighlightsTotal gold ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Barrick Gold (GOLD) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this gold and copper mining company would post earnings of $0.21 per share when it actually produced earnings of $0.27, delivering a surprise of 28.57%.Over the last four qu ...

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is pleased to announce that its subsidiary Barrick Gold (International Holdings) Ltd. ("Barrick") has entered into an exploration earn-in agreement with Geophysx Jamaica Ltd. ("Geophysx") with respect to certain properties located in Jamaica (the "Agreement"). The Agreement initially provides Barrick with access to approximately 4,000 square kilometers of consolidated land positions throughout the country, with a favorab ...

First Quarter 2024 ResultsAll amounts expressed in U.S. dollars TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today reported its first quarter results which were in line with guidance and position the Company well to meet its full year targets. Gold production is expected to ramp up steadily during the year, supported by the completion of the Pueblo Viejo plant expansion and the resumption of operations at the Porgera mine. Additionally, copper production is also on ...

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the first quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q1 2024 dividend will be paid on June 17, 2024 to shareholders of record at the close of business on May 31, 2024. "The continued strength of our balance sheet and our global asset base provide us with the ability to m ...

TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced that the nominees listed in the Information Circular for the 2024 Annual Meeting of Shareholders were elected as directors of Barrick. Detailed results of the vote for the election of directors, the appointment of auditors, the advisory resolution on executive compensation and the shareholder proposal are set out below. Voting results for the election of each of the directors are as follows: NomineeVotes For% ...