Barrick Gold (ABX) Misses Q3 EPS by 1c

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Go back to Barrick Gold (ABX) Misses Q3 EPS by 1c

Barrick Reports Third Quarter 2017 Results

October 25, 2017 5:05 PM EDT

TORONTO, ONTARIO -- (Marketwired) -- 10/25/17 --

-- Barrick reported a net loss attributable to equity holders ("net loss") of $11 million ($0.01 per share), and adjusted net earnings(1) of $186 million ($0.16 per share) for the third quarter. -- The Company generated third quarter revenues of $1.993 billion, net cash provided by operating activities ("operating cash flow") of $532 million, and free cash flow(2) of $225 million. -- Gold production in the third quarter was 1.243 million ounces, at a cost of sales applicable to gold(3) of $820 per ounce, and all-in sustaining costs(4) of $772 per ounce. -- We have reduced our total debt by nearly $1.5... More