Shares of Barrick Gold (GOLD) - Get Report were higher after the gold miner reported stronger-than-expected fourth quarter results and declared a special distribution to holders.
The Toronto company reported adjusted earnings of 35 cents a share, double the 17 cents of the year-earlier quarter. Revenue of $3.28 billion rose from $2.88 billion a year earlier.
Analysts surveyed by FactSet were expecting adjusted earnings of 31 cents a share on revenue of $3.24 billion.
Barrick Gold Tops Estimates, Proposes Special Distribution
- by: Tony Owusu
- February 18, 2021
- Source:
DYNAMIC WEALTH RESEARCH
- 10/27/2022
Pair of Earrings in the Form of Dancing Elephants LACMA M.86.49a-b by Ashley Van Haeften is licensed under CC BY 2.0
Pair of Earrings in the Form of Dancing Elephants LACMA M.86.49a-b by Ashley Van Haeften is licensed under CC BY 2.0
