Barrick Mining Corp
ABX: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| h>x | LOCK|z! | LOCK|G@>!?>G |
Barrick Earnings: Booming Gold Prices More than Offsetting What Are Likely Temporary Issues
Barrick's third-quarter adjusted NPAT is nearly double a year ago, at USD 980 million or USD 0.58 per share. High gold prices are a tailwind that more than offsets lower sales volumes at steady unit cash costs. It declared an increased dividend of USD 17.5 cents and will repurchase more shares.
