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Barrick Mining (NYSE:B) Issues Earnings Results
Barrick reported US$5.07 billion in quarterly revenue as realized gold and copper prices rose despite lower production and sales.
- Barrick Mining Corp reported a quarterly profit of US$1.32 billion on Monday, with revenue reaching US$5.07 billion, up from US$4.15 billion in the third quarter of 2025.
- Rising metal prices boosted results as spot gold averaged US$4,204.59 per ounce, up about 17.6 per cent from a year earlier, driven by strong central-bank purchases and investor demand for bullion.
- Diluted earnings reached 80 cents US per share, while adjusted profit hit 82 cents US per share, up from an adjusted profit of 58 cents US per share last year.
- Gold production fell to 816,000 ounces in the third quarter from 829,000 ounces a year earlier, largely due to extreme weather at the Veladero mine and delayed access to higher-grade ore at North Mara.
- Barrick also reported copper production totalled 50,000 tonnes, down from 55,000 tonnes a year ago, as the company navigates production challenges while benefiting from elevated commodity prices.
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Barrick Mining (NYSE:B) Issues Earnings Results
Barrick Mining (NYSE:B - Get Free Report) (TSE:ABX) announced its quarterly earnings results on Monday. The gold and copper producer reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.08. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%.
·Sioux Falls, United States
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The Barrick Mining Company announced on Monday that it had made a profit of US 1.32 billion in its last quarter, up from US 1.30 billion a year earlier.
·Montreal, Canada
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Winnipeg Free Press+6 Reposted by 6 other sources
Barrick Mining reports US$1.32B Q3 profit, up from $1.30 B a year earlier
TORONTO - Barrick Mining Corp. reported a profit of US$$1.32 billion in its latest quarter compared with a profit of US$1.30 billion a year earlier.
·Winnipeg, Canada
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Total News Sources14
Leaning Left6Leaning Right1Center4Last UpdatedBias Distribution55% Left
Bias Distribution
- 55% of the sources lean Left
55% Left
L 55%
C 36%
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