Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Claude J.S. Schimper sold 20,000 shares of the firm's stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$15.86, for a total value of C$317,156.00.
Claude J.S. Schimper also recently made the following trade(s):
- On Monday, March 3rd, Claude J.S. Schimper sold 10,000 shares of Kinross Gold stock. The stock was sold at an average price of C$15.63, for a total transaction of C$156,300.00.
Kinross Gold Price Performance
Shares of Kinross Gold stock traded up C$0.70 during trading on Tuesday, hitting C$15.95. The stock had a trading volume of 1,327,514 shares, compared to its average volume of 3,423,724. The firm has a market cap of C$13.87 billion, a price-to-earnings ratio of 18.78, a P/E/G ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a 12 month low of C$7.25 and a 12 month high of C$17.63. The business's 50-day moving average is C$15.62 and its 200 day moving average is C$14.17. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81.
Kinross Gold Cuts Dividend
The business also recently disclosed 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 dividend yield of 0.75%. Kinross Gold's dividend payout ratio (DPR) is 18.84%.
Analyst Ratings Changes
Separately, National Bankshares upped their price target on 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 analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$17.10.
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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.
Further Reading
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