TORONTO (AP) _ Barrick Gold Corp. (ABX) on Wednesday reported a loss of $ 9 million in its second quarter.
The Toronto-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, were 5 cents per share.
The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 5 cents per share.
The gold and copper mining company posted revenue of $ 2.23 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $ 2.21 billion.
Barrick Gold shares have fallen 39 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $ 6.54, a drop of 64 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABX at http://www.zacks.com/ap/ABX
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Keywords: Barrick Gold, Earnings Report
