BUZZ-Barrick Mining rises after Q1 profit beat

Abacus Global Management, Inc. Class A

Abacus Global Management, Inc. Class A

ABX

0.00

** U.S.-listed shares of Barrick Mining B.N rise 2.2% to $44.07 premarket

** The Canadian miner posts Q1 adjusted earnings per share of 98 cents; analysts on an average expected 78 cents - according to data compiled by LSEG

** Firm's board authorizes $3 billion share buyback program ahead of the planned IPO of its North American Barrick assets

** Barrick's Q1 average realized price for gold jumps to $4,823/ounce from $2,898/ounce a year earlier

** Q1 gold production declines to 719,000 ounces from 758,000 ounces

** Up till last close, stock down marginally YTD


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