Barrick Gold (ABX) Tops Q4 EPS by 2c

Go back to Barrick Gold (ABX) Tops Q4 EPS by 2c

Barrick Reports 2016 Full Year and Fourth Quarter Results

February 15, 2017 5:03 PM EST

TORONTO, ONTARIO -- (Marketwired) -- 02/15/17 -- Barrick Gold Corporation (NYSE: ABX)(TSX: ABX)

All amounts expressed in U.S. dollars

-- For 2016, Barrick reported net earnings attributable to equity holders of Barrick ("net earnings") of $655 million ($0.56 per share), and adjusted net earnings(1) of $818 million ($0.70 per share). -- The Company reported annual revenues of $8.56 billion, net cash provided by operating activities ("operating cash flow") of $2.64 billion, and free cash flow(2) of $1.51 billion. -- Full year gold production was 5.52 million ounces. Cost of sales applicable to gold was $798 per ounce,... More