TORONTO – Barrick Gold, the world's second-largest gold producer, reported first-quarter profit on Wednesday that missed analysts' expectations.
In Barrick's first quarter of operations since its acquisition of Randgold Resources, the company posted net income of $111-million, or 6c a share, compared with analyst estimates of $136-million, or 7c a share.
The company had reported profit of $158-million, or 14c a share, a year earlier.