Barrick Earnings Reports

Barrick Mining Corporation reported strong third-quarter results, driven by increased gold production, higher commodity prices, and reduced costs, resulting in record free cash flow and operating cash flow.

Barrick posted revenue of 3,681,000,000, EPS of 0.47 (adjusted EPS also 0.47), net income of 811,000,000, and operating income of 1,416,000,000, with production rising and free cash flow of 395,000,000.

Barrick reported Q1 2025 revenue of $3.13B, EPS of $0.27 (adjusted EPS $0.35), and net income of $474M. Operating income reached $1.121B, driven by strong realized gold and copper prices, with free cash flow of $375M and robust liquidity of $4.1B in cash. Gold production was 758,000 oz and copper production 44,000 tonnes.

Barrick Gold Corporation reported strong Q4 2024 results with a 15% increase in gold production and a 33% rise in copper production compared to Q3 2024. Net earnings surged 104% to $996 million, with adjusted net earnings at $794 million. Revenue reached $3.65 billion, up 8% sequentially, while free cash flow stood at $501 million. The company declared a quarterly dividend of $0.10 per share and increased its share buyback program.