RE: Many hurdles still6 Feb 2026 07:51
Barrick Mining handily topped fourth-quarter earnings expectations early Thursday, with profit growing more than 120%. The company also issued 2026 gold production guidance along with an update on an upcoming "North America Gold" IPO.
The Canada-based mining outfit saw Q4 EPS soar 126% to $1.04 with revenue totaling $5.99 billion, up 65% compared to a year ago. Prior to Thursday's earnings release, analysts expected profit of 90 cents per share and sales coming in at $5.2 billion, according to FactSet.
Just a little slice of how profitable this gold price can be...