Barrick Mining Corp. delivered strong first-quarter results, with adjusted earnings per share of $0.98, surpassing analyst estimates, and a gold production of 719,000 ounces that exceeded guidance. Following these results, the company's shares rose nearly 7%, bolstered by a newly announced $3 billion share buyback plan aimed at enhancing shareholder value. As Barrick prepares for an IPO of its North American assets, it continues to strengthen its position in the market with a solid financial outlook.
“GLD · current price · value · 433.90”
“Gold · is at · 4,746.90 · true”
“Gold · is trading at · 4,744.60 · 0.29%”
“Gold · price · 4,758.70 · +0.63%”
“Barrick Gold · reports · strong Q1 earnings · driven by higher production and lower costs”
“Barrick Gold Corp. · shares climbed · nearly 7% · following the release of its first quarter 2026 results”
“Barrick · posted adjusted earnings per share · $0.98 · beating the consensus estimate of $0.74”
“Barrick · produced · 719,000 ounces of gold · exceeding its guidance range of 640,000 to 680,000 ounces”
“Barrick · forecasted gold production · between 2.9 million and 3.25 million ounces · for the full year”
“Barrick · declared a quarterly dividend · $0.175 per share”
“Barrick · announced a new · $3 billion share buyback program”
“Barrick Mining Corporation’s B shares · jumped · 9% · after reporting first-quarter 2026 adjusted earnings of 98 cents per share, beating the Zacks Consensus Estimate of 74 cents”