Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Stifel Canada issued their FY2028 earnings per share (EPS) estimates for shares of Kinross Gold in a research note issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the company will post earnings per share of $0.27 for the year. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.
Separately, National Bankshares increased their price objective on Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$17.10.
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Kinross Gold Stock Performance
TSE:K remained flat at C$17.46 on Thursday. The company's stock had a trading volume of 3,112,266 shares, compared to its average volume of 3,595,940. Kinross Gold has a 12-month low of C$7.70 and a 12-month high of C$17.76. The company has a market cap of C$15.18 billion, a price-to-earnings ratio of 20.55, a P/E/G ratio of -0.60 and a beta of 1.24. The firm has a 50 day moving average of C$16.15 and a two-hundred day moving average of C$14.49. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11.
Insiders Place Their Bets
In other Kinross Gold news, Director Jonathan Paul Rollinson sold 205,318 shares of Kinross Gold stock in a transaction dated Friday, February 28th. The stock was sold at an average price of C$15.22, for a total transaction of C$3,124,939.96. Also, Senior Officer Laurence Davies sold 10,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of C$16.58, for a total value of C$165,800.00. Over the last quarter, insiders have sold 344,670 shares of company stock valued at $5,276,336. 0.26% of the stock is currently owned by insiders.
Kinross Gold Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.69%. Kinross Gold's dividend 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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