Barrick Gold (ABX) Tops Q3 EPS by 3c

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Go back to Barrick Gold (ABX) Tops Q3 EPS by 3c

Barrick Reports Third Quarter 2018 Results

October 24, 2018 5:06 PM EDT

All amounts expressed in U.S. dollars unless otherwise indicated

Barrick reported a net loss of $412 million ($0.35 per share), and adjusted net earnings1 of $89 million ($0.08 per share) for the third quarter. The Company reported third quarter revenues of $1.84 billion, net cash provided by operating activities (operating cash flow) of $706 million, and free cash flow2 of $319 million. Gold production in the third quarter was 1.15 million ounces, at a cost of sales applicable to gold3 of $850 per ounce, all-in sustaining... More