Key Insights
- Significantly high institutional ownership implies Barrick Gold’s stock price is sensitive to their trading actions
- 44% of the business is held by the top 25 shareholders
- Recent sales by insiders
Every investor in Barrick Gold Corporation (TSE:ABX) should be aware of the most powerful shareholder groups. With 65% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And last week, institutional investors ended up benefitting the most after the company hit CA$43b in market cap. The one-year return on investment is currently 15% and last week’s gain would have been more than welcomed.
In the chart below, we zoom in on the different ownership groups of Barrick Gold.
View our latest analysis for Barrick Gold
