Kinross Gold Co. Senior Officer Sells Shares

Senior Officer Geoffrey Peters of Kinross Gold Co. (TSE:K) has sold 1,000 shares of the company's stock in a transaction that took place on Thursday, December 5th. The shares were sold at an average price of C$14.11, resulting in a total transaction value of C$14,106.00.

Kinross Gold Price Performance

On Friday, Kinross Gold opened at a price of C$13.82. Over the past twelve months, the company has experienced a low of C$6.46 and a high of C$14.95. Currently, Kinross Gold has a current ratio of 1.27, a quick ratio of 1.11, and a debt-to-equity ratio of 31.89. The company's fifty-day simple moving average is C$13.78, while the 200-day simple moving average is C$12.41. Kinross Gold has a market capitalization of C$17.00 billion, a price-to-earnings ratio of 25.59, a PEG ratio of -0.60, and a beta of 1.24.

Kinross Gold Dividend Announcement

The company recently declared a quarterly dividend that is set to be paid on Thursday, December 12th. Shareholders on record as of November 28th will receive a dividend of C$0.041 per share. This indicates an annualized dividend of C$0.16, corresponding to a dividend yield of 1.19%. The ex-dividend date was also November 28th. Kinross Gold has a payout ratio of 29.63%.

Wall Street Analysts Forecast Growth

Various brokerages have provided insights on Kinross Gold. Canaccord Genuity Group lowered their price target for the stock from C$17.00 to C$16.50 while maintaining a "buy" rating in a report dated September 13th. On the other hand, National Bankshares increased their price target from C$19.00 to C$20.00 and categorized the stock as ‘outperform’ in a report from October 23rd. Stifel Nicolaus also raised their price estimation from C$14.50 to C$18.00. Similarly, Eight Capital upgraded their target from C$15.00 to C$16.00 and restated a buy rating in a report on September 11th. Overall, five research analysts have given the stock a buy rating, and according to MarketBeat.com, Kinross Gold has an average rating of "Buy" along with an average price target of C$16.70.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, focuses on acquiring, exploring, and developing gold properties primarily located in the United States, Brazil, Chile, Canada, and Mauritania. The company's operational sites include the Fort Knox mine and the Manh Choh project in Alaska, the Round Mountain and Bald Mountain mines in Nevada, the Paracatu mine in Brazil, the La Coipa and Lobo-Marte projects in Chile, the Tasiast mine in Mauritania, and the Great Bear project in Canada.

Kinross, Gold, Shares