Kinross Gold Co. (TSE:K) Senior Officer Claude J.S. Schimper Sells 20,000 Shares

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Claude J.S. Schimper sold 20,000 shares of Kinross Gold stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$15.86, for a total value 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 value of C$156,300.00.

Kinross Gold Trading Up 5.5 %

Shares of K stock opened at C$16.09 on Wednesday. The firm has a 50 day moving average price of C$15.68 and a two-hundred day moving average price of C$14.19. 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 company has a market capitalization of C$13.99 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a 12-month low of C$7.25 and a 12-month high of C$17.63.

Kinross Gold Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.75%. Kinross Gold’s payout ratio is 18.84%.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their price objective on Kinross Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Kinross Gold currently has a consensus rating of “Buy” and an average price target 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.