EL7.AI
StocksMedium•15 November 2026•
1 min read

Barrick Beats Q3 Earnings Estimates Despite 21% Cash Flow Drop and Kibali Mine Precautions

Key Facts

1Barrick reported Q3 adjusted earnings of $0.82 per share, exceeding analyst estimates.
2The company's free cash flow declined by 21% year-over-year despite the earnings beat.
3Non-essential staff at the Kibali mine in the DRC were placed on leave following two Ebola deaths nearby.

Barrick reported Q3 2026 adjusted earnings of $0.82 per share, exceeding analyst estimates. According to Ad-hoc-news.de, the company generated $5.07 billion in revenue, while net income rose to $1.32 billion from $1.30 billion in the prior year. Despite the earnings beat, free cash flow declined by 21% year-over-year as all-in sustaining costs (AISC) jumped 24% to $1,911 per ounce.

The company placed non-essential staff and subcontractors at its Kibali mine in the Democratic Republic of Congo on leave as a precautionary measure. Reuters reported, citing an internal memo, that the move followed two Ebola deaths in a nearby community while the company investigates potential links to its workforce. Barrick reaffirmed its full-year 2026 production guidance of 2.90–3.25 million ounces of gold, though shares saw qualitative downward pressure amid unavailable updated pricing data.

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