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Shares of Barrick Gold (NYSE:GOLD) rose 3.39% in pre-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share increased 173.33% over the past year to $0.41, which beat the estimate of $0.32.
Revenue of $3,540,000,000 higher by 32.19% year over year, which beat the estimate of $3,340,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Barrick Gold hasn't issued any revenue guidance for the time being.
Details Of The Call
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Date: Nov 05, 2020
Time: 11:00 AM
ET Webcast URL: https://services.choruscall.com/dataconf/productusers/barrick/mediaframe/40645/indexr.html
Price Action
Company's 52-week high was at $31.22
Company's 52-week low was at $12.65
Price action over last quarter: Up 153.15%
Company Description
Based in Toronto, Barrick Gold is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa. In 2019, the firm produced nearly 5.5 million attributable ounces of gold and more than 430 million pounds of copper, boosted by the acquisition of Randgold at the end of 2018. As of Dec. 31, 2019, Barrick had 71 million ounces and 13.5 billion pounds of proven and probable gold and copper reserves, respectively.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.