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Thursday, April 2, 2020 - 11:44:04 AM
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Mining News Pro - Barrick Gold announced Wednesday that executive chairman John Thornton sold 2,632,153 shares in the company, worth just shy of $50m.
According to Mining News Pro - The sale was based on “personal portfolio considerations” and that Thornton would “continue to retain and seek to build on what remains a meaningful equity stake” in the company, the world’s number two miner of the metal.
The shares represented approximately 50% of Thornton’s prior holding, and Thornton now holds 2,642,127 shares.
Barrick shares closed up 3% on the NYSE at $18.87 per share for a market valuation of $33.4 billion. Shares in the company have gained more than 40% over the last 12 months.
Short Link:
https://www.miningnews.ir/En/News/509268
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