Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC Senior Officer Laurence Davies sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of C$20.13, for a total value of C$201,300.00.
Laurence Davies also recently made the following trade(s):
- On Friday, March 14th, Laurence Davies sold 10,000 shares of Kinross Gold stock. The stock was sold at an average price of C$16.58, for a total value of C$165,800.00.
Kinross Gold Trading Down 0.5%
TSE:K traded down C$0.10 during trading hours on Friday, reaching C$20.14. 6,308,157 shares of the stock were exchanged, compared to its average volume of 3,575,884. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 18.81. The business has a 50-day moving average of C$19.48 and a two-hundred day moving average of C$16.58. Kinross Gold Co. has a twelve month low of C$9.91 and a twelve month high of C$22.01. The company has a market capitalization of C$17.51 billion, a price-to-earnings ratio of 23.71, a PEG ratio of -0.60 and a beta of 1.24.
Kinross Gold Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 29th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.60%. Kinross Gold's payout ratio is 18.84%.
Analyst Upgrades and Downgrades
Several research analysts have commented on K shares. Stifel Nicolaus raised their price objective on Kinross Gold from C$23.50 to C$24.50 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a report on Wednesday, March 19th. BMO Capital Markets upgraded Kinross Gold to a "strong-buy" rating in a report on Wednesday, April 16th. National Bank Financial upgraded Kinross Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, National Bankshares lifted their price target on Kinross Gold from C$22.00 to C$23.00 and gave the company an "outperform" rating in a report on Wednesday, April 2nd. Four investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Kinross Gold presently has an average rating of "Buy" and an average target price of C$20.00.
Get Our Latest Analysis on Kinross Gold
About Kinross Gold
(
Get Free Report)
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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