Barrick Gold (ABX) Tops Q4 EPS by 1c
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Barrick Reports 2017 Full Year and Fourth Quarter Results
February 14, 2018 5:11 PM ESTIn 2017, Barrick reported net earnings attributable to equity holders of Barrick (net earnings) of $1.44 billion ($1.23 per share), and adjusted net earnings1 of $876 million ($0.75 per share).The Company reported annual revenues of $8.37 billion, net cash provided by operating activities (operating cash flow) of $2.07 billion, and free cash flow2 of $669 million.Full year gold production was 5.32 million ounces. Cost of sales applicable to gold3 was $794 per ounce, and all-in sustaining costs4 were $750 per ounce. Copper production was 413 million pounds, at a cost of sales3 of $1.77 per pound, and all-in sustaining... More
