Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for shares of Kinross Gold in a research report issued on Monday, February 10th. National Bank Financial analyst M. Parkin expects that the company will earn $0.36 per share for the quarter. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.
Other research analysts also recently issued research reports about the company. National Bankshares raised their price target on Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a research note on Tuesday. Stifel Nicolaus raised their price target on Kinross Gold from C$14.50 to C$18.00 in a research note on Monday, October 21st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of C$17.10.
Check Out Our Latest Stock Analysis on Kinross Gold
Kinross Gold Stock Down 1.4 %
Shares of K traded down C$0.22 during mid-day trading on Wednesday, reaching C$15.99. The company's stock had a trading volume of 3,129,325 shares, compared to its average volume of 3,113,306. Kinross Gold has a 12-month low of C$6.46 and a 12-month high of C$17.63. The stock has a market cap of C$13.90 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11. The company's 50 day moving average is C$14.93 and its 200 day moving average is C$13.72.
Insider Activity at Kinross Gold
In other Kinross Gold news, Director Jonathan Paul Rollinson sold 1,300,000 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of C$14.00, for a total transaction of C$18,200,000.00. Also, Senior Officer Claude J.S. Schimper sold 7,122 shares of the firm's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of C$13.91, for a total value of C$99,067.02. Insiders sold 1,408,122 shares of company stock valued at $19,734,883 in the last ninety days. Corporate insiders own 0.26% of the company's stock.
Kinross Gold Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Wednesday, March 5th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.75%. Kinross Gold's payout ratio is currently 18.84%.
About Kinross Gold
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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.
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