IKN

Every why hath a wherefore

BBB (Barrick Big Beat)

Every industry needs its leaders to show strongly in the eyes of others. With NEM delivering last week, the Barrick (GOLD) earnings had plenty of eyes on them, but GOLD has delivered this morning.

  • 50c EPS
  • U$1.3Bn FCF
  • Debt down almost a Bn
  • Divi up to 9c
  • Costs under control

A good quarter, and plenty of emphasis on how Covid-19 didn’t stop the action. Bristow delivers.

2 Comments

    As you say to many others, read the financials: debt net of cash fell $1B. Actual debt fell $400M

    Reply

    It’s fair. I’ll stick with my bulletpoint highlights though, not exactly Fake News.

    Reply

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