Kinross Gold Co. (TSE:K) Senior Officer Sells C$89,850.00 in Stock

Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Claude J.S. Schimper sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of C$17.97, for a total value of C$89,850.00.

Claude J.S. Schimper also recently made the following trade(s):

• On Monday, March 10th, Claude J.S. Schimper sold 20,000 shares of Kinross Gold stock. The stock was sold at an average price of C$15.86, for a total transaction of C$317,156.00.
• On Monday, March 3rd, Claude J.S. Schimper sold 10,000 shares of Kinross Gold stock. The shares were sold at an average price of C$15.63, for a total transaction of C$156,300.00.

Kinross Gold Stock Down 0.7 %

TSE K traded down C$0.12 during trading on Tuesday, hitting C$18.01. The stock had a trading volume of 2,566,527 shares, compared to its average volume of 3,531,706. The company's 50-day moving average price is C$16.48 and its two-hundred day moving average price is C$14.73. Kinross Gold Co. has a 12 month low of C$8.37 and a 12 month high of C$18.45. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. The company has a market capitalization of C$15.66 billion, a PE ratio of 21.20, a P/E/G ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.67%. Kinross Gold's payout ratio is 18.84%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. National Bank Financial raised shares of Kinross Gold to a "strong-buy" rating in a research note on Friday, March 21st. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, National Bankshares boosted their target price on shares of Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Five research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$17.10.

Kinross Gold Company Profile

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.