RY 164.25 -0.9946% TD 85.84 0.7157% SHOP 105.92 -0.8518% CNR 154.54 -1.2839% ENB 55.28 -0.2526% CP 111.02 -1.447% BMO 123.85 0.7812% TRI 228.87 -0.5993% CNQ 47.63 1.7953% BN 71.41 -0.084% ATD 74.03 1.203% CSU 4275.7002 -2.3478% BNS 71.4 -0.571% CM 81.36 -1.1181% SU 53.41 2.3572% TRP 60.15 1.2626% NGT 71.89 -1.4395% WCN 240.81 0.4882% MFC 40.125 0.1623% BCE 45.8 -1.4842%
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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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