TORONTO (AP) _ Barrick Gold Corp. (GOLD) on Monday reported second-quarter profit of $411 million.

The Toronto-based company said it had profit of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 29 cents per share.

The results surpassed 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 $2.89 billion in the period.

Barrick Gold shares have fallen nearly 9% since the beginning of the year. The stock has decreased 28% 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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