Barrick Gold, up about 20 per cent year-to-date, is a top-performing member of the INK Canadian Insider Index.Getty Images/iStockphoto
Barrick Gold, up about 20 per cent year-to-date, is a top-performing member of the INK Canadian Insider Index. Barrick made it into the Index thanks to persistent buying by its executive board chairman John Thornton.
Over the past two years, he has bought 1,389,274 shares at an average price of $16.28. That includes the buying he did on Mar. 16 when he reached into his own pocket and bought $5.3-million worth of stock in the public market. Earlier in the month, Barrick's chief investment officer spent $232,355 buying shares.
Disclaimer:
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.
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