Kinross Gold Co. (TSE:K) Senior Officer Geoffrey Peters Gold Sells 99,347 Shares

Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Geoffrey Peters Gold sold 99,347 shares of Kinross Gold stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total transaction of C$1,512,061.34.

Geoffrey Peters Gold also recently made the following trade(s):

• On Monday, December 9th, Geoffrey Peters Gold sold 100,000 shares of Kinross Gold stock. The shares were sold at an average price of C$14.22, for a total value of C$1,421,710.00.
• On Thursday, December 5th, Geoffrey Peters Gold sold 1,000 shares of Kinross Gold stock. The stock was sold at an average price of C$14.11, for a total value of C$14,106.00.

Kinross Gold Stock Performance

TSE:K traded up C$0.12 during trading hours on Friday, reaching C$16.06. The stock had a trading volume of 4,604,037 shares, compared to its average volume of 3,499,662. Kinross Gold Co. has a 12-month low of C$7.17 and a 12-month high of C$17.63. 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 stock has a 50 day simple moving average of C$15.58 and a 200 day simple moving average of C$14.14. The stock has a market cap of C$13.96 billion, a P/E ratio of 18.91, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

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

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Analyst Upgrades and Downgrades

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