gold" class="internal-tag-link">Barrick Gold Corporation (GOLD) reported exceptional Q1 2026 results, driven by operational improvements and favorable gold prices. The company posted strong cash flow and increased production.
Gold output rose 4% year-over-year, while copper production increased 11%. Adjusted net earnings jumped 173%, and free cash flow surged 320% to $1.6 billion. Despite the solid results, shares fell 10.72% for the week to $38.73.
CEO Mark Bristow: "Our robust Q1 results reflect our commitment to operational excellence." CFO Graham Shuttleworth: "With a strong balance sheet, we are well-positioned to navigate industry cycles."
Barrick maintained its 2026 guidance and expects Q2 gold production between 730,000-770,000 ounces. The company also announced a $3 billion share buyback.
