Barrick Mining Corp
B: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &V | LOCK|X& | LOCK|#jXqc&$ |
Barrick Earnings: Strong but Overshadowed by the Resolution of Its Dispute With Newmont
Barrick's second-quarter adjusted NPAT is up 70% on a year ago, to USD 1.4 billion or USD 0.82 per share. The stronger gold price and slightly higher sales volumes more than offset increased unit costs. But shares fell 6% as it also settled its dispute with Newmont over Nevada Gold Mines, or NGM.
