Free Trial

Kinross Gold (TSE:K) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Kinross Gold logo with Basic Materials background

Kinross Gold Co. (TSE:K - Get Free Report) NYSE: KGC's share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$18.04 and traded as high as C$21.08. Kinross Gold shares last traded at C$20.98, with a volume of 2,413,413 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on K. National Bankshares boosted their price target on Kinross Gold from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Tuesday, June 24th. National Bank Financial upgraded Kinross Gold to a "strong-buy" rating in a research report on Friday, March 21st. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. Stifel Nicolaus boosted their price objective on Kinross Gold from C$23.50 to C$24.50 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Finally, BMO Capital Markets upgraded Kinross Gold to a "strong-buy" rating in a research report on Wednesday, April 16th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$20.75.

Get Our Latest Stock Report on Kinross Gold

Kinross Gold Trading Up 1.0%

The business has a 50 day moving average of C$20.68 and a two-hundred day moving average of C$18.09. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. The firm has a market capitalization of C$18.41 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of -0.60 and a beta of 1.24.

Kinross Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.57%. Kinross Gold's dividend payout ratio (DPR) is presently 18.84%.

Insider Transactions at Kinross Gold

In other news, Senior Officer Geoffrey Peters Gold sold 18,834 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of C$21.27, for a total value of C$400,599.18. Also, Senior Officer Claude J.S. Schimper sold 1,339 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of C$20.39, for a total value of C$27,302.21. Over the last quarter, insiders sold 42,833 shares of company stock valued at $901,122. Corporate insiders own 0.26% of the company's stock.

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.

Read More

Should You Invest $1,000 in Kinross Gold Right Now?

Before you consider Kinross Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinross Gold wasn't on the list.

While Kinross Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines