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Barrick Gold’s Q3 Earnings: Is Guidance Shot?

Jay Lutz
Saturday, November 9, 2024, 03:27:00 PM

Another gold major has reported, and another gold major has failed to meet analyst expectations.

It’s been a bit of a rough quarter for senior gold producers here in Q3 2024, and it appears that Barrick Gold (TSX: ABX) didn’t want to be an exception to that rule, after failing to hit analyst consensus on both revenue and earnings per share.

I guess not all quarters can be great despite a massively rising gold price environment. Right? 

Lets dive in.

Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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Welcome to The Deep Dive, where we focus on providing investors of Canadian junior stock markets the knowledge they need to make smart investment decisions. We take a closer look at all data relating to organizations to create quality stock analysis for investors. Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security.