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. Christine Elizabeth Keener, a Senior Officer, acquired 30,833 Common Shares on a direct ownership basis at a price of $17.570USD through the public market on December 15th, 2023. This represents a $724,734 investment into the company's shares and an account share holdings change of greater than 100%.

Barrick Gold Corporation is a Canada-based gold and copper producer. 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 has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. The Company's operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.