Kinross Gold Co. (TSE:K) Senior Officer Sells C$317,156.00 in Stock

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Claude J.S. Schimper sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of C$15.86, for a total transaction 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 Stock Up 5.5 %

Shares of K stock opened at C$16.09 on Wednesday. The firm’s fifty day moving average price is C$15.68 and its two-hundred day moving average price is C$14.19. Kinross Gold Co. has a 1 year low of C$7.25 and a 1 year high of C$17.63. The firm has a market capitalization of C$13.99 billion, a P/E ratio of 18.94, a PEG ratio of -0.60 and a beta of 1.24. 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 dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.75%. Kinross Gold’s dividend payout ratio is 18.84%.

Analyst Ratings Changes

Separately, National Bankshares increased their price target on shares of 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 research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average 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.