Barrick Gold Stock News

Barrick (GOLD) gains from a strong performance at Nevada Gold mines in Q4, while results are hurt by lower gold prices.

Barrick (GOLD) gains from a strong performance at Nevada Gold mines in Q4, while results are hurt by lower gold prices.

GOLD earnings call for the period ending December 31, 2021.

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This article was originally published on TipRanks.com Barrick Gold (TSE: ABX) (NYSE: GOLD), one of the world’s largest gold producers, beat earnings expectations for … The post Barrick Gold Q4 Beats Expectations, Dividend Raised appeared first on Smarter Analyst .

Canada''s main stock index tumbled Wednesday, after domestic data showing the annual inflation rate accelerated in January raised fears of quicker interest rate hikes and as Shopify Inc''s dismal forecast dented sentiment. The S&P/TSX Composite remained negative 118.91 points to wind up business Wednesday at 21,383.64. The Canadian dollar surged 0.24 cents at 78.82 cents U.S. Shopify lost $188.76, or 16.7%, to $943.86, after the company forecast a slowing pace in first-half revenue growth. Elsewhere in techs, Converge Technology Solutions bowed 41 cents, or 3.8%, to $10.49. In consumer staples, Alimentation Couche-Tard faded 82 cents, or 1.6%, to $51.43, while George Weston dropped $1.19 to $138.62. In utilities, Hydro One slid 41 cents, or 1.3%, to $31.46, while Boralex caved 36 cents, or 1.1%, to $32.93. In a bright spot, Barrick Gold gained $1.88, or 7.1%, to $28.21, after the miner announced a share repurchase of up to $1 billion and a bigger dividend payout as the gold miner''s fourth-quarter results beat analysts'' estimates.

Barrick Gold <> soars to eight-month highs after posting better than forecast Q4 earnings and revenues while raising its dividend by 11%.

Barrick Gold has announced a $1bn share repurchase scheme, alongside a six per cent rise in its fourth quarter profits.

Canada-based miner Barrick Gold Corp announced Wednesday a share buyback program of up to $1 billion as its fourth-quarter results exceeded analysts'' estimates.

The chief executive officer of Barrick Gold Corp. said recent takeover deals in the gold-mining sector have been “over the top,” adding that the Toronto-based company will not be making any acquisitions that don’t make financial sense.

Barrick Gold (NYSE: GOLD ) reported its Q4 earnings results on Wednesday, February 16, 2022 at 06:00 AM. Check out this: Insiders Buy More Than $18M Of 4 Stocks Here''s what investors need to know about the announcement. Earnings Barrick Gold beat estimated earnings … Full story available on Benzinga.com

Barrick Gold Corp. (GOLD) CEO Mark Bristow on Q4 2021 Results - Earnings Call Transcript

Barrick also increased its regular quarterly cash dividend by 11% as it exceeded earnings estimates.