Barrick Gold reported its first-quarter 2025 earnings with adjusted earnings per share (EPS) of $0.35, surpassing estimates of $0.29. The company posted revenue of $3.13 billion, exceeding the expected $3.06 billion. Gold sales volume reached 751,000 ounces, above the estimated 732,692 ounces. Despite a 30% decline in gold output and a 22% increase in costs, Barrick's strong gold and copper prices contributed to solid financial results, resulting in a net income of $474 million. The company's performance was bolstered by favorable commodity prices, which offset the impact of lower production volumes. In comparison, Sandstorm Gold reported a first-quarter EPS of $0.04, in line with expectations, and sales of $50.06 million, beating the $49.03 million estimate.