Barrick Gold (ABX) has notable insider buying

Barrick Gold (T:ABX)

Barrick Gold Corporation (ABX) has a high amount of executive buying compared to its large-cap peers over the past three months. According to regulatory filings yesterday, three insiders have invested a total amount of $1,044,968.Robert Ljubomir Krcmarov, a Senior Officer, acquired 3,000 Common Shares on an indirect ownership basis for registered holder Karen Krcmarov at a price of $16.850 through the public market on May 16th, 2018. This represents a $50,550 investment into the company's shares and an account share holdings change of greater than 100%.

Catherine Philippa Raw, CFO, acquired 39,408 Common Shares on a direct ownership basis at a price of $16.940 through the public market on May 16th, 2018. This represents a $667,572 investment into the company's shares and an account share holdings change of greater than 100%.

Gregory Alan Pool Walker, a Senior Officer, acquired 19,340 Common Shares on a direct ownership basis at a price of $16.900 through the public market on May 15th, 2018. This represents a $326,846 investment into the company's shares and an account share holdings change of greater than 100%.

Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines. Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero and Turquoise Ridge are its individual gold mines. The Company, through its subsidiary, Acacia, owns gold mines and exploration properties in Africa. It also holds interest in gold mines, including Porgera and Kalgoorlie, and copper mines, such as Zaldivar and Lumwana. The Pascua-Lama project is located on the border between Chile and Argentina. The Company has nine producing gold mines, which are located in Canada, the United States, Peru, Argentina, Australia and the Dominican Republic.