Insider Buying: Barrick Gold (TSE:ABX) Insider Purchases 2,000 Shares of Stock

Barrick Gold (TSE:ABX) (NYSE:ABX) insider Robert Ljubomir Krcmarov acquired 2,000 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was purchased at an average price of C$15.46 per share, with a total value of C$30,920.00.

Robert Ljubomir Krcmarov also recently made the following trade(s):

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  • On Wednesday, March 14th, Robert Ljubomir Krcmarov bought 2,000 shares of Barrick Gold stock. The shares were bought at an average price of C$15.71 per share, for a total transaction of C$31,420.00.

TSE:ABX opened at C$16.19 on Friday. Barrick Gold has a fifty-two week low of C$14.26 and a fifty-two week high of C$27.03.

Barrick Gold (TSE:ABX) (NYSE:ABX) last released its quarterly earnings data on Wednesday, February 14th. The company reported C$0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.26 by C$0.02. Barrick Gold had a negative return on equity of 27.89% and a negative net margin of 36.36%. The business had revenue of C$2.83 billion for the quarter, compared to analysts’ expectations of C$2.76 billion.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.037 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Tuesday, February 27th.

A number of brokerages have issued reports on ABX. Canaccord Genuity raised their target price on Barrick Gold from C$24.50 to C$27.00 in a report on Friday, January 19th. Desjardins restated a “hold” rating on shares of Barrick Gold in a report on Monday, December 11th. Finally, BMO Capital Markets set a C$15.00 target price on Barrick Gold and gave the stock a “market perform” rating in a report on Thursday, February 8th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Barrick Gold presently has an average rating of “Hold” and an average price target of C$21.50.

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About Barrick Gold

Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the Zaldívar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia.

Insider Buying and Selling by Quarter for Barrick Gold (TSE:ABX)

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