Neutral On Barrick Gold
We maintain our Neutral recommendation on Barrick Gold Corporation (ABX), the largest gold mining company in the world, with headquarters in Toronto, Ontario, Canada. Recently, Barrick Gold reported adjusted net earnings of $1.17 billion or $1.17 per share in the fourth quarter of 2011 compared with $1.02 billion or $1.02 per share in the prior-year [...]
We maintain our Neutral recommendation on Barrick Gold Corporation (ABX), the largest gold mining company in the world, with headquarters in Toronto, Ontario, Canada.
Recently, Barrick Gold reported adjusted net earnings of $1.17 billion or $1.17 per share in the fourth quarter of 2011 compared with $1.02 billion or $1.02 per share in the prior-year period. Reported earnings missed the Zacks Consensus Estimate of $1.26 per share.
The year-over-year increase in profit was on the back of higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards