Barrick Gold: Earnings Beat Not Enough as Gold Prices Tumble
October 30, 2014 at 11:27 AM EDT
Barrick Gold (ABX) reported better-than-forecast earnings today, but that don’t seem to matter much as the price of gold continues to plunge. Bloomberg News Barrick Gold reported a profit of 19 cents a share, topping the Street consensus for 18 cents, and Barrick also said that its “all-in sustaining costs” for an ounce of gold [...]
