Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Director George Nickolas Paspalas bought 5,000 shares of the firm's stock in a transaction on Monday, December 16th. The stock was purchased at an average cost of C$13.79 per share, with a total value of C$68,950.00.
Kinross Gold Trading Down 1.4 %
TSE:K traded down C$0.20 during trading hours on Tuesday, hitting C$13.70. The company had a trading volume of 4,583,112 shares, compared to its average volume of 3,323,456. The company has a debt-to-equity ratio of 31.89, a current ratio of 1.27 and a quick ratio of 1.11. Kinross Gold Co. has a 52 week low of C$6.46 and a 52 week high of C$14.97. The company has a market capitalization of C$16.85 billion, a PE ratio of 25.37, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. The stock has a 50-day moving average price of C$13.96 and a 200 day moving average price of C$12.57.
Kinross Gold Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 28th were issued a dividend of $0.041 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend was Thursday, November 28th. Kinross Gold's dividend payout ratio (DPR) is presently 29.63%.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on K shares. National Bankshares boosted their price objective on Kinross Gold from C$19.00 to C$20.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. Canaccord Genuity Group lowered their price target on shares of Kinross Gold from C$17.00 to C$16.50 and set a "buy" rating on the stock in a report on Friday, September 13th. Stifel Nicolaus boosted their price objective on shares of Kinross Gold from C$14.50 to C$18.00 in a research note on Monday, October 21st. Finally, Eight Capital increased their target price on shares of Kinross Gold from C$15.00 to C$16.00 and gave the stock a "buy" rating in a research note on Wednesday, September 11th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of C$16.70.
Read Our Latest Analysis on Kinross Gold
About Kinross Gold
(
Get Free Report)
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.
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