Barrick CEO On High Gold Prices, Why He Says The Miner Is Undervalued, 'You Get A Lot For Free'
Geopolitical worries have more to do with gold rising to record highs than does inflation, Barrick Gold Corp.'s GOLD chief executive said Monday in a conference call accompanying second quarter results.
Barrick (GOLD) Q2 Earnings and Revenues Surpass Estimates
Barrick's (GOLD) second-quarter earnings and revenues beat estimates on the back of higher gold prices.
Barrick Gold: A Good Quarter Doesn't Make It A Buy
After a strong Q2 2024 earnings report, Barrick Gold's share price skyrocketed. One good quarter, however, does not set a trend, and the rest of 2024 will remain challenging. Even if gold prices continue to increase in the coming months, investors would most likely be better-off with other gold mining stocks.
Barrick Gold Q2: Time For A Decisive Breakout
Barrick Gold Corporation investors who ignored the market pessimism could be close to experiencing a decisive breakout in its stock. The gold miner delivered solid Q2 earnings, demonstrating a profitability growth inflection. Barrick Gold has a robust Tier-One portfolio, bolstered by growth optionalities in its strategic projects.
Barrick Gold Stock Rallies With Commodity Cycle Strength
Global skepticism about the U.S. dollar is rising, and last week's S&P 500 brief sell-off proves this new trend. It was sparked by Japan's sudden interest rate hike, which triggered a so-called “carry trade” unwind.
Watch These Barrick Gold Price Levels As Stock Regains Luster After Earnings Beat
Barrick Gold (GOLD) shares surged more than 9% on Monday after the Canada-based gold miner posted better-than-expected second-quarter results, driven by buoyant gold prices and robust production.
Barrick Gold Corporation (GOLD) Q2 2024 Earnings Call Transcript
Barrick Gold Corporation (NYSE:GOLD ) Q2 2024 Earnings Conference Call August 12, 2024 11:00 AM ET Company Participants Mark Bristow - President and Chief Executive Officer Graham Shuttleworth - Senior Executive Vice-President, Chief Financial Officer Simon Jimenez - Chief Advisor, Strategy & Human Rights John Steele - Metallurgy, Engineering and Capital Projects Executive Simon Bottoms - Mineral Resource Management and Evaluation Executive Conference Call Participants Lawson Winder - Bank of America Josh Wolfson - RBC Capital Markets Brian MacArthur - Raymond James Anita Soni - CIBC World Markets Ralph Profiti - Eight Capital Steve Green - TD Securities Daniel Major - UBS Bob Brackett - Bernstein Research Mike Parkin - National Bank Tanya Jakusconek - Scotia Capital Operator Ladies and gentlemen, thank you for standing by. This is the event operator.
Barrick Gold trades higher, production up slightly
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Gold Stock, Gold ETFs Rebound As Gold Prices Rise Ahead Of Data
Cooling inflation has burnished gold's appeal with key data coming later this week. Barrick Gold stock popped on earnings.
Barrick Gold Posts Adjusted Earnings Beat as Gold Prices Rise
Barrick Gold's (GOLD) second-quarter adjusted earnings beat estimates, as gold prices rose and the gold producer said its first-half performance puts it on track to meet its goals for the full year.
Barrick Gold tops forecasts as higher prices outweigh output dip
Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) beat expectations in its latest quarter as high gold profits boosted revenues, profits and cash flow in the quarter to end June 2024. Revenues of US$3.16 billion in the three months were up 12% from the same period in 2023, while net income rose to US$370 million from US$305 million.
Gold Mining Stock Shines After Top-Line Beat
Gold prices will be worth watching this week both before and after consumer price index (CPI) data is released for July.
