RY 172.7 -0.1792% SHOP 152.38 -3.7762% TD 74.49 -0.4144% ENB 58.66 0.2906% BN 80.21 0.2124% TRI 235.76 -0.7034% CNQ 42.27 -1.3305% CP 102.81 -2.4851% CNR 145.02 -0.9426% BMO 139.15 0.5855% BNS 77.045 -0.149% CSU 4497.2998 0.6756% CM 92.23 -0.335% MFC 43.28 0.8858% ATD 79.0 -1.1882% NGT 53.35 -1.8038% TRP 65.26 0.215% SU 49.61 -1.411% WCN 251.65 -0.2181% L 191.14 0.1205%

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Barrick Gold (TSX:ABX) Projects Gold Production Between 3.90-4.30Mn Ounces for FY 2024

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Highlights

Barrick Gold Corporation (TSX: ABX) has a market capitalisaiton of CAD 49.59 billion and is one of the prominent gold producers in the world. It operates mines in South America, North America, Australia, and Africa.

In Q2 2024, the company's revenues reached USD 3,162.0 million, reflecting an 11.6% increase compared to the previous corresponding period (pcp). This growth was driven by higher realized prices. As a result of the uplifted revenue, the company reported a significant rise in income before finance costs and income taxes, at USD 1,092.0 million, up from USD 810.0 million in the prior comparable period.

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