The Senior Officer of Barrick Gold (GOLD) is Selling Shares


Today, the Senior Officer of Barrick Gold (GOLD), John Steele, sold shares of GOLD for $4.19M.

In addition to John Steele, one other GOLD executive reported Sell trades in the last month.

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Based on Barrick Gold’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $3.06 billion and quarterly net profit of $357 million. In comparison, last year the company earned revenue of $2.06 billion and had a net profit of $194 million.

Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $32.22, reflecting a -12.5% downside.

The insider sentiment on Barrick Gold has been negative according to 29 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Barrick Gold Corp. engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero, Pueblo Viejo, Lagunas Norte, Turquoise Ridge, Acacia, and Pascua-Lama. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.

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