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What to Know about Barrick Gold after Its Q3 2018 Results

Annie Gilroy
What to Know about Barrick Gold after Its Q3 2018 Results

Barrick Gold (ABX) reported its third-quarter earnings results after the market closed on October 24. In the third quarter, Barrick produced 1.15 million ounces of gold, up 7.4% sequentially, mainly due to better throughput and grades at Barrick Nevada. While the company has maintained its copper and gold production guidance for the year, it expects its gold production to come in at the lower end of 4.5 million–5.0 million ounces.