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Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

The Deep Dive May 13, 2026

Summary

Barrick's Q1 2026 results appeared strong year-over-year, but key financial metrics and production declined compared to the previous quarter.

Despite a stronger gold price environment, production, sales, and several key financial metrics all moved lower, suggesting underlying operational challenges.

The video questions whether the positive stock market reaction was justified, comparing Barrick's performance against peers like Agnico and Newmont.