Barrick falls on Q2 profit miss
10/08/2026 11:16
BUZZ-Barrick falls on Q2 profit miss ** U.S.-listed shares of Barrick Mining ABX.TO, B.N down 2.8% at $42.47 premarket
** Co misses Q2 profit estimates, hurt by lower gold production
** Posts Q2 adjusted profit of 82 cents per share vs estimate of 88 cents per share - data compiled by LSEG
** Q2 gold production for the company dropped to 796,000 ounces, compared with 797,000 a year earlier
** ABX and Newmont NEM.N have settled all disputes over their Nevada Gold Mines joint venture, with Newmont agreeing to pay Barrick $1.95 billion as the companies add several development projects to the venture, the companies said
** As of last close, stock up 0.3% YTD
(Reporting by Sumit Saha in Bengaluru)