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BUZZ-Barrick Gold up after beating Q4 profit estimates

ReutersFeb 12, 2025 3:07 PM

Updates

Shares of Canadian miner Barrick Gold ABX.TO rise ~5% to C$25.60

Co announces new $1 billion share buyback plan and beats Q4 adjusted EPS estimates, helped by higher prices of gold

Posts Q4 adjusted EPS of $0.46, beats analysts' estimates of $0.41, according to data compiled by LSEG

Says average realized prices for gold were $2,657 per ounce in Q4 compared to $1,986 per ounce last year

Including session's moves, ABX up ~15% YTD

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