Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Claude J.S. Schimper sold 10,000 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of C$15.63, for a total value of C$156,300.00.
Kinross Gold Stock Performance
Shares of K traded up C$0.12 during mid-day trading on Friday, hitting C$16.06. The company's stock had a trading volume of 4,604,037 shares, compared to its average volume of 3,499,662. The firm has a market capitalization of C$13.96 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a one year low of C$7.17 and a one year high of C$17.63. The stock's 50-day moving average is C$15.53 and its two-hundred day moving average is C$14.10. 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 Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Wednesday, March 5th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.75%. Kinross Gold's dividend payout ratio (DPR) is currently 18.84%.
Analyst Ratings Changes
Separately, National Bankshares increased their price objective on Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Kinross Gold presently has an average rating of "Buy" and an average price target of C$17.10.
View Our Latest Stock Analysis on K
Kinross Gold Company Profile
(
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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.
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