Barrick Mining Corp
ABX: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @S! | LOCK|!$ | LOCK|F>@&DHt |
Barrick Earnings: Improved Due to the Stronger Gold Price
Barrick's third-quarter adjusted NPAT rose 37% on a year ago, to USD 1.4 billion or USD 0.82 per share. A stronger gold price more than offset lower sales volumes on mine disposals and higher unit costs. It declared an unchanged quarterly dividend of USD 17.5 cents in line with its payout policy.
