Kinross Gold Co. (TSE:K) Senior Officer Sells C$1,421,710.00 in Stock

Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Geoffrey Peters Gold sold 100,000 shares of Kinross Gold stock in a transaction on Monday, December 9th. The stock was sold at an average price of C$14.22, for a total transaction of C$1,421,710.00.

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

• 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 transaction of C$14,106.00.

Kinross Gold Stock Performance

Shares of K traded down C$0.40 during midday trading on Friday, reaching C$13.90. The stock had a trading volume of 3,538,881 shares, compared to its average volume of 3,304,779. Kinross Gold Co. has a one year low of C$6.46 and a one year high of C$14.97. The firm has a market cap of C$17.10 billion, a PE ratio of 26.48, a P/E/G ratio of -0.60 and a beta of 1.24. The firm has a 50 day simple moving average of C$13.90 and a 200-day simple moving average of C$12.50. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 31.89.

Kinross Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 28th were paid a dividend of $0.041 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Thursday, November 28th. Kinross Gold's dividend payout ratio is presently 29.63%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Eight Capital upped their price target on shares of Kinross Gold from C$15.00 to C$16.00 and gave the stock a "buy" rating in a research report on Wednesday, September 11th. National Bankshares upped their price target on Kinross Gold from C$19.00 to C$20.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. Stifel Nicolaus lifted 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, Canaccord Genuity Group decreased their price objective on Kinross Gold from C$17.00 to C$16.50 and set a "buy" rating for the company in a research report on Friday, September 13th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Kinross Gold presently has an average rating of "Buy" and a consensus price target of C$16.70.

About Kinross Gold

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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