TORONTO (AP) _ Barrick Gold Corp. (GOLD) on Wednesday reported first-quarter net income of $538 million.

The Toronto-based company said it had profit of 30 cents per share. Earnings, adjusted for one-time gains and costs, were 29 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The gold and copper mining company posted revenue of $2.96 billion in the period.

Barrick Gold shares have dropped slightly more than 3% since the beginning of the year. The stock has declined 20% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLD at https://www.zacks.com/ap/GOLD

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