Jul. 25 at 7:36 PM
$B Barrick Mining reports Q2 results on August 10. The key question is not only how much Barrick benefits from gold above
$4,000, but how much reaches the bottom line after rising energy and operating costs.
$NEM raised expectations with an earnings beat and strong free cash flow despite lower production. For
$B, production, AISC, cash flow and full-year guidance may therefore matter more than headline revenue.
Barrick is also investing C
$20.9M for a 9.9% stake in Kingfisher Metals, expanding its exposure to early-stage gold and copper exploration in British Columbia.
Strong metal prices provide support, but operational execution will likely determine the next move.
Not financial advice. Do your own research.
