In the most recent trading session, Barrick Gold (GOLD) closed at $16.98, indicating a +1.68% shift from the previous trading day.

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Barrick's (GOLD) preliminary Q1 gold production is lower sequentially, primarily due to mine sequencing at many locations and planned maintenance at Nevada Gold Mines.

Canada's main stock index tumbled to its lowest point in over a month on Tuesday, dragged down by materials shares, with Barrick Gold tumbling after missing analysts' expectations with its first-quarter gold production. The Toronto Stock Exchange's S&P/TSX composite index fell 97.3 points, or 0.45%, at 21,642.87. Barrick Gold and First Majestic Silver reported a fall in first-quarter gold production, that dragged down their shares.

Shares of mining company Barrick Gold (GOLD) are dropping after its production figures fall below estimates, including for a commodity like gold (GC=F) as prices for the precious metal soar. Yahoo Finance monitors the movement in Barrick Gold Corporation's stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

Gold prices are 14% higher for the year, and in effect, that should be able to push up gold miners, though that hasn’t necessarily been the case. However, less inflationary pressures on the horizon could eventually push miners higher, thereby increasing trade opportunities. Furthermore, the big players in the gold mining industry are starting to [...]

Canadian miner Barrick Gold on Tuesday reported lower-than-expected preliminary gold production for the first quarter hurt by planned maintenance at its mines. Barrick reported a total preliminary output of 940,000 ounces of gold in the three months ended March 31, below analysts' estimates of 984,000 ounces, according to LSEG data. The world's second-largest gold miner was unable to beat production estimates in 2023.

(Reuters) -Canadian miner Barrick Gold on Tuesday reported lower-than-expected preliminary gold production for the first quarter hurt by planned maintenance at its mines. Barrick reported a total preliminary output of 940,000 ounces of gold in the three months ended March 31, below analysts' estimates of 984,000 ounces, according to LSEG data. The world's second-largest gold miner was unable to beat production estimates in 2023.

Canadian miner Barrick Gold said on Tuesday that its gold and copper production fell sequentially in the first-quarter, hurt by lower grades and maintenance at its mines. The company reported a total preliminary output of 940,000 ounces of gold and 40,000 tonnes of copper in the three months ended March 31, down from 1.05 million ounces of gold and 113 million pounds of copper in the previous quarter.

All amounts expressed in US dollars TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today reported preliminary Q1 production of 940 thousand ounces of gold and 40 thousand tonnes of copper, as well as preliminary Q1 sales of 910 thousand ounces of gold and 39 thousand tonnes of copper. As previously guided, Barrick’s gold and copper production in 2024 is expected to progressively increase each quarter through the year, with t