Barrick Gold posts a profit of more than two billion US dollars for 2021

(Toronto) Barrick Gold announced an increase in its quarterly dividend on Wednesday, as it posted lower earnings for fiscal 2021, compared to 2020.

Posted at 1:05 p.m.

The gold company will now pay a quarterly dividend of 10 US cents per share, rather than 9 US cents. Barrick said it would also pay another dividend tied to the cash amount on its balance sheet.

For its full fiscal year 2021, Barrick earned a profit attributable to its securityholders of US$2.02 billion, or US$1.14 per share, down from US$2.32 billion, or US$1.31 per share, for 2020.

Annual revenue was nearly US$12 billion, down from US$12.6 billion in 2020.

On an adjusted basis, Barrick says it earned US$1.16 per share for the year, compared to its adjusted profit of US$1.15 per share in the prior year.


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