The Globe and Mail reports in its Saturday, April 18, edition that in the last three months, six Barrick
Gold ($15.62)
insiders have disclosed buying
$6.2-million worth of shares in the
public market at an average price
of $14.56. The Globe's Ted Dixon writes in the Who's Buying and Selling column that the biggest buyer was
executive board chairman John
Thornton who purchased 360,600
shares on March 27. Mr. Dixon says that according to his investing criteria Barrick Gold stock has
a positive outlook. Barrick Gold is one of Mr. Dixon's top 10 stocks, a group that has the
potential to outperform over the
next 12 months.
Goldman Sachs analyst Andrew Quail maintained his "buy" rating on Barrick Gold in The Globe's Eye on Equities column on Aug. 9, 2014, when it was worth $20.51. Raymond James analyst Phill Russo rated Barrick Gold "market perform" in the Eye column on Sept. 23, 2014. Mr. Russo targeted the shares at $19.50. The shares were then worth $17. Canaccord Genuity analyst Tony Lesiak rated Barrick Gold "sell" in the Eye column on Feb. 21, 2015. In the item he cut his share target to $13.50 from $14. The shares could then be had for $16.17.
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