Investing.com - Barrick Gold reported second quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $0.31 on revenue of $4.09B. Analysts polled by Investing.com expected EPS of $0.25 on revenue of $3.96B. .
Barrick Gold shares gained 2.39% to trade at $39.48 in intra-day trade following the report.
For the year, Barrick Gold shares are up 63.68%, outperforming the S&P/TSX which is down 2.48% year to date.
Barrick Gold follows other major Basic Materials sector earnings this month
On Friday, CCL Industries reported second quarter EPS of $0.59 on revenue of $1.22B, compared to forecasts of EPS of $0.46 on revenue of $1.15B.
CCL Industries Inc earnings beat analyst's expectations on Friday, with second quarter EPS of $0.59 on revenue of $1.22B. Investing.com analysts expected EPS of $0.46 on revenue of $1.15B
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