Advertisement
Canada markets close in 3 hours 3 minutes

  • S&P/TSX

    21,986.68
    +101.30 (+0.46%)
     

  • S&P 500

    5,110.62
    +62.20 (+1.23%)
     

  • DOW

    38,300.37
    +214.57 (+0.56%)
     

  • CAD/USD

    0.7314
    -0.0009 (-0.13%)
     

  • CRUDE OIL

    83.93
    +0.36 (+0.43%)
     

  • Bitcoin CAD

    87,081.44
    -1,025.32 (-1.16%)
     

  • CMC Crypto 200

    1,325.25
    -71.29 (-5.10%)
     

  • GOLD FUTURES

    2,345.90
    +3.40 (+0.15%)
     

  • RUSSELL 2000

    2,002.47
    +21.35 (+1.08%)
     

  • 10-Yr Bond

    4.6650
    -0.0410 (-0.87%)
     

  • NASDAQ

    15,961.61
    +349.85 (+2.24%)
     

  • VOLATILITY

    15.10
    -0.27 (-1.76%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6836
    +0.0015 (+0.22%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Latest stubborn U.S. inflation reading will bring about more 'wait and see' from the Fed

What Will Drive Barrick Gold’s Free Cash Flow in 2018 and Beyond?

Annie Gilroy
Updated
What Will Drive Barrick Gold’s Free Cash Flow in 2018 and Beyond?

Since the generation of free cash flow (or FCF) creates shareholder value and helps a business’s long-term prospects, it’s important for investors to track gold miners’ (GDX) abilities to generate FCF. Barrick Gold (ABX) has a strategy of value over volume, which prioritizes profitable production. The company defines value creation for shareholders in terms of FCF per share. Barrick Gold generated FCF of $319 million in the third quarter compared to -$172.0 million in the second quarter.

Continue reading