Barrick Gold Earnings Beat Forecast. Its stock is down.



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Barrick Gold shares fell on Monday morning despite earnings expectations exceeding the drop in gold prices.

Barrick Gold reported earnings of 29 cents a share, beating expectations by 28 cents, on revenue of $ 2.89 billion, falling short of expectations of $ 3.06 billion. Barrick stock fell 1.4% to $ 20.50 at 6:29 a.m.

Barrick’s lack of income is hurt, …

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