Barrick Gold Corp. (GOLD) on Tuesday reported second-quarter net income of $305 million.
The Toronto-based company said it had profit of 17 cents per share. Earnings, adjusted for non-recurring costs, came to 19 cents per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The gold and copper mining company posted revenue of $2.83 billion in the period.
Leave a Reply
You must be logged in to post a comment.