Barrick’s adjusted net earnings soar, hikes dividend 14%
The world’s second largest gold miner, Barrick Gold, on Monday announced strong second-quarter financial results, with adjusted net earnings surging to $415-million and free cash flow soaring to $522-million. Adjusted net earnings rose from $285-million in the first quarter and $154-million in the prior-year comparable quarter. Adjusted net earnings a share was 23c, up 44% from the first quarter and, according to the company, well ahead of the market consensus. Barrick generated $1.03-billion in net cash in the quarter under review... Читать дальше...