Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Claude J.S. Schimper sold 7,122 shares of Kinross Gold stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of C$13.91, for a total transaction of C$99,067.02.
Kinross Gold Trading Up 1.5 %
Shares of K traded up C$0.21 during trading hours on Friday, hitting C$14.28. 1,394,038 shares of the stock traded hands, compared to its average volume of 3,305,417. The business has a fifty day moving average of C$13.58 and a 200-day moving average of C$12.13. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 31.89. The firm has a market capitalization of C$17.56 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a 1-year low of C$6.46 and a 1-year high of C$14.95.
Kinross Gold Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 28th will be paid a $0.041 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Thursday, November 28th. Kinross Gold's dividend payout ratio (DPR) is presently 29.63%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Canaccord Genuity Group dropped their price target on Kinross Gold from C$17.00 to C$16.50 and set a "buy" rating for the company in a report on Friday, September 13th. Eight Capital lifted their price target on Kinross Gold from C$15.00 to C$16.00 and gave the company a "buy" rating in a report on Wednesday, September 11th. Stifel Nicolaus upped their price target on shares of Kinross Gold from C$14.50 to C$18.00 in a research report on Monday, October 21st. Finally, National Bankshares raised their price objective on shares of Kinross Gold from C$19.00 to C$20.00 and gave the company an "outperform" rating in a research report on Wednesday, October 23rd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$16.70.
Check Out Our Latest Analysis on K
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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