Barrick beats quarterly profit estimates on higher prices

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 3 (Reuters) - Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as the Canadian gold miner benefited from higher prices of the precious metal. The Toronto-based miner posted adjusted earnings of 14 cents per share for the quarter ended March 31, compared with analysts' average estimate of 11 cents, according to Refinitiv IBES data. (Reporting by Ankit Kumar; Editing by Shilpi Majumdar)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.