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Forbes reported that earnings for Barrick Gold (NYSE:ABX) are increasing along with the rise in gold prices.
Forbes reported that earnings for Barrick Gold (NYSE:ABX) are increasing along with the rise in gold prices.
The market news is quoted as saying:
With gold prices soaring, so are Barrick’s earnings. On July 28, the company reported record net earnings which jumped 36% to $1.12 per share compared to just 84 cents in the year ago quarter. This beat the Zacks Consensus Estimate by 2 cents. Barrick has surprised 8 out of the last 9 quarters and met on the 9th.
