Barrick Mining rises after Q3 earnings topper, maintaining full-year production guidance - TradingView

AI desk brief

Barrick shares rose 4.1% on Monday after Q3 adjusted earnings beat expectations, while full-year gold production guidance remained 2.9M–3.25M oz. Quarterly gold output was 816,000 oz, up 2.5% sequentially but below 829,000 oz a year earlier, reflecting weather disruptions and delayed access to high-grade material at North Mara. Gold AISC rose 24% year-on-year to $1,911/oz against a reported realized price of $4,243/oz. Barrick expects slightly higher Q4 output and access to North Mara’s high-grade material in Q4; these are company-level expectations, with no directional bullion-price effect established. Jefferies called operations encouraging but noted free cash flow missed expectations.