Key Insights
- Given the large stake in the stock by institutions, Barrick Gold’s stock price might be vulnerable to their trading decisions
- The top 25 shareholders own 44% of the company
- Insiders have bought recently
A look at the shareholders of Barrick Gold Corporation (TSE:ABX) can tell us which group is most powerful. With 66% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.
Let’s take a closer look to see what the different types of shareholders can tell us about Barrick Gold.
See our latest analysis for Barrick Gold
