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Barrick Gold Corporation Message Board

  • wijimmy1056 wijimmy1056 Feb 14, 2013 7:42 AM Flag

    Beat 1.05 with 1.11....4.19billion beat 3.90 billion... 2.02 production rose from 1.81ounces UP WE GO

    ABX,,,, it earned $1.1 billion, or $1.11 a share, better than the $1.05 a share analysts polled by Thomson Reuters were expecting.
    Revenue rose 11% to $4.19 billion, beating the Thomson Reuters mean estimate of $3.90 billion.
    Gold production rose to 2.02 million ounces from 1.81 million a year earlier. Average realized gold prices were up 3% to $1,714 an ounce, while cash costs edged up 16% to $584 an ounce.
    For the year as a whole, gold production totaled 7.4 million ounces, in line with the company's projection for 7.3-7.5 million ounces.

    Sentiment: Strong Buy

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