Barrick Gold (GOLD) Tops Q3 EPS by 9c

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Go back to Barrick Gold (GOLD) Tops Q3 EPS by 9c

Another Strong Quarter Positions Barrick to Deliver on Annual Production Guidance

November 5, 2020 6:00 AM EST

All amounts expressed in US dollars

TORONTO, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Capturing the benefit of higher gold prices through agile management and operational efficiency, Barrick Gold Corporation (NYSE: GOLD)(TSX: ABX) increased its operating cash flow by 80% quarter-on-quarter to $1.9 billion and free cash flow1 by 151% to $1.3 billion in the third quarter of 2020 a record level of quarterly free cash flow for the company. Net earnings per share was 50 cents, while adjusted net earnings per share2 was 78% higher than the prior quarter at 41 cents. Debt net... More