Barrick Gold Misses Earnings: Reports Lower Gold Sales And Copper Output
Barrick Gold Misses Earnings: Reports Lower Gold Sales And Copper Output
Barrick Gold Corp (NYSE:GOLD) shares are trading lower after it reported third-quarter FY24 revenue of $3.368 billion (+18% year over year), missing the consensus of $3.416 billion.
巴里克黃金公司(紐約證券交易所代碼:GOLD)公佈的24財年第三季度收入爲33.68億美元(同比增長18%),未達到共識的34.16億美元,股價走低。
Gold production stood at 943 thousand ounces (-9%), and gold sales were 967 thousand ounces (-6%).
黃金產量爲94.3萬盎司(-9%),黃金銷售量爲96.7萬盎司(-6%)。
The average realized gold price rose 29% to $2,494 per ounce, and all-in-sustaining costs (AISC) rose 20% to $1,507 per ounce in the quarter.
本季度,已實現黃金的平均價格上漲了29%,至每盎司2494美元,總維持成本(AISC)上漲了20%,至每盎司1,507美元。
Read: Barrick Sees Stable Gold Output In Q3, Prepares For Stronger Q4
閱讀:巴里克預計第三季度黃金產量將保持穩定,爲第四季度走強做準備
Copper production declined 6% to 48 thousand tonnes, and the average realized copper price rose 13% to $4.27 per pound.
銅產量下降了6%,至4.8萬噸,平均已實現銅價上漲了13%,至每磅4.27美元。
Adjusted EPS of 30 cents missed the consensus of 31 cents.
調整後的每股收益爲30美分,未達到預期的31美分。
At the end of the quarter, cash and cash equivalents stood at $4.23 billion, and debt was $4.725 billion.
在本季度末,現金及現金等價物爲42.3億美元,債務爲47.25億美元。
Capital expenditure fell 4% to $736 million, and operating cash flow stood at $1.18 billion.
資本支出下降了4%,至7.36億美元,運營現金流爲11.8億美元。
President and chief executive Mark Bristow said, "The company was again planning to replace mineral reserves net of depletion in 2024 by a significant margin, driven by the contributions from the Reko Diq copper-gold project and the Lumwana Super Pit expansion project."
總裁兼首席執行官馬克·布里斯托表示:「在Reko Diq銅金項目和Lumwana超級礦坑擴建項目的貢獻的推動下,該公司再次計劃在2024年大幅增加淨枯竭後的礦產儲量。」
"The feasibility studies for both projects are on track for completion by the year-end. Long lead items are being ordered and key project team members are being recruited."
「這兩個項目的可行性研究有望在年底前完成。正在訂購長線產品,並正在招募關鍵項目團隊成員。」
"The Fourmile project in Nevada continues to show exciting value potential, and significant new satellite orebody opportunities have been highlighted at Loulo and Kibali. In addition, our exploration teams are working on very promising new prospects across our portfolio," Bristow added.
「內華達州的Fourmile項目繼續顯示出令人興奮的價值潛力,Loulo和Kibali強調了重要的新衛星礦體機會。此外,我們的勘探團隊正在研究我們的投資組合中非常有前景的新前景,」 布里斯托補充說。
Dividend: GOLD declared a second-quarter dividend per share of 10 cents, payable on December 16, to shareholders of record as of Nov. 29, 2024.
股息:GOLD宣佈第二季度每股分紅爲10美分,將於12月16日支付給截至2024年11月29日的登記股東。
Repurhcase: The company repurchased 4.725 million shares in the quarter under the $1 billion buyback program announced in February 2024.
回購:根據2024年2月宣佈的10億美元回購計劃,該公司在本季度回購了472.5萬股股票。
FY24 Outlook Reiterated: The company continues to project attributable gold production in the range of 3.9-4.3 million ounces and AISC in the range of $1,320–$1,420 per ounce.
重申24財年展望:該公司繼續預計應占黃金產量在390-430萬盎司之間,AISC將在每盎司1320美元至1,420美元之間。
For 2024, capital expenditure is expected to be within $2.50 billion-$2.90 billion.
到2024年,資本支出預計在25.0億美元至29.0億美元之間。
Investors can gain exposure to the stock via Sprott Gold Miners ETF (NYSE:SGDM) and VanEck Gold Miners ETF (NYSE:GDX).
投資者可以通過Sprott Gold Miners ETF(紐約證券交易所代碼:SGDM)和VanEck Gold Miners ETF(紐約證券交易所代碼:GDX)獲得股票敞口。
Price Action: GOLD shares are down 2.17% at $18.01 at last check Thursday.
價格走勢:週四最後一次檢查時,黃金股價下跌2.17%,至18.01美元。
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Photo courtesy: Michael Sutton via Flickr
照片由邁克爾·薩頓通過 Flickr 提供