Barrick Gold reports Q1 profit and revenue up from year ago

Barrick Gold Corp News

Barrick Gold reports Q1 profit and revenue up from year ago
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TORONTO — Barrick Gold Corp. reported a first-quarter profit attributable to equity holders of US$295 million, up from US$120 million a year earlier. The...

TORONTO — Barrick Gold Corp . reported a first-quarter profit attributable to equity holders of US$295 million, up from US$120 million a year earlier.

The gold miner, which keeps its books in U.S. dollars, says the profit amounted to 17 cents US per diluted share for the quarter ended March 31, up from seven cents US per diluted share in the same quarter last year.Barrick says its gold production in the quarter amounted to 940,000 ounces, down from 952,000 in the same quarter last year, while copper production totalled 40,000 tonnes, unchanged from a year earlier.

On an adjusted basis, Barrick says it earned 19 cents US per share in its latest quarter, up from an adjusted profit of 14 cents US per share a year earlier.3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow Enbridge stock has barely moved in the last few years, with ongoing issues. But there are still reasons that could make it work for investors. The post 3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow appeared first on The Motley Fool Canada.Do you have some extra cash to spare? These three discounted stocks are poised for a rebound. The post 3 Beaten-Down Stocks that Could Take Off in the New Bull Market appeared first on The Motley Fool Canada.

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