Jonathan Paul Rollinson Sells 205,318 Shares of Kinross Gold Co. (TSE:K) Stock

Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Director Jonathan Paul Rollinson sold 205,318 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total value of C$3,124,939.96.

Jonathan Paul Rollinson also recently made the following trade(s):

• On Wednesday, February 26th, Jonathan Paul Rollinson sold 3 shares of Kinross Gold stock. The shares were sold at an average price of C$15.68, for a total value of C$47.04.

Kinross Gold Trading Up 0.8 %

Shares of K stock traded up C$0.12 during trading hours on Friday, hitting C$16.06. 4,604,037 shares of the company were exchanged, compared to its average volume of 3,499,662. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. Kinross Gold Co. has a fifty-two week low of C$7.17 and a fifty-two week high of C$17.63. The company has a 50 day simple moving average of C$15.58 and a two-hundred day simple moving average of C$14.14. The firm has a market cap of C$13.96 billion, a P/E ratio of 18.91, a P/E/G ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.75%. Kinross Gold's dividend payout ratio (DPR) is presently 18.84%.

Analyst Upgrades and Downgrades

Separately, National Bankshares boosted their target price on shares of Kinross Gold from C$20.00 to C$22.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Kinross Gold has a consensus rating of "Buy" and an average target price of C$17.10.

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About Kinross Gold

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.