Barrick Sees Stable Gold Output In Q3, Prepares For Stronger Q4
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2024
0mins
Should l Buy GOLD?
Source: Benzinga
Barrick Gold Production Update: Barrick Gold Corporation reported preliminary third-quarter production of 943,000 ounces of gold and 48,000 tonnes of copper, with expectations for a stronger fourth quarter to meet full-year guidance for both metals.
Cost Projections: The company anticipates increases in gold and copper costs per ounce and pound due to higher royalties and production expenses, while all-in-sustaining costs for copper are expected to decrease slightly.
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Analyst Views on GOLD
Wall Street analysts forecast GOLD stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 41.810
Low
30.00
Averages
44.33
High
63.00
Current: 41.810
Low
30.00
Averages
44.33
High
63.00
About GOLD
Gold.com, Inc. provides a fully integrated alternative assets platform offering a range of precious metals, numismatic coins and collectibles to consumers, collectors, and institutional clients. Its flagship brands include JMBullion.com, Stack’s Bowers Galleries, GovMint.com, Monex Precious Metals and Goldline. Its vertically integrated platform combines market expertise in gold, silver, platinum and palladium and collectibles that include rare coins and currency with logistics, financing, and minting capabilities to serve consumers, collectors, and institutional clients globally. Its segments include Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. It operates its Direct-to-Consumer segment through its subsidiaries JM Bullion, Inc., Goldline, Inc., SGI, Pinehurst, AMS Holding, LLC, AM LPM Singapore PTE Ltd., and through its investment in Silver Gold Bull, Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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