Barrick Gold (ABX) Tops Q1 EPS by 1c

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Go back to Barrick Gold (ABX) Tops Q1 EPS by 1c

Barrick Reports First Quarter 2018 Results

April 23, 2018 5:01 PM EDT

Barrick reported first quarter net earnings attributable to equity holders ("net earnings") of $158 million ($0.14 per share), and adjusted net earnings1 of $170 million ($0.15 per share).The Company reported first quarter revenues of $1.79 billion, net cash provided by operating activities ("operating cash flow") of $507 million, and free cash flow2 of $181 million.Gold production in the first quarter was 1.05 million ounces, at a cost of sales applicable to gold3 of $878 per ounce, all-in sustaining costs4 of $804 per ounce, and cash costs4 of $573 per ounce.Copper production was 85 million pounds, at a cost of sales applicable to copper3 of $2.07 per... More