Kinross Gold Co. (TSE:K) Senior Officer Sells C$182,108.00 in Stock

Kinross Gold Co. (TSE:KGet Rating) (NYSE:KGC) Senior Officer Claude J.S. Schimper sold 34,360 shares of the firm’s stock in a transaction that occurred on Monday, June 20th. The shares were sold at an average price of C$5.30, for a total value of C$182,108.00. Following the completion of the sale, the insider now directly owns 105,811 shares of the company’s stock, valued at C$560,798.30.

Claude J.S. Schimper also recently made the following trade(s):

  • On Tuesday, May 10th, Claude J.S. Schimper sold 5 shares of Kinross Gold stock. The stock was sold at an average price of C$5.89, for a total value of C$29.45.

Shares of K opened at C$5.41 on Thursday. The company has a market capitalization of C$7.03 billion and a PE ratio of -11.15. Kinross Gold Co. has a 12 month low of C$5.09 and a 12 month high of C$8.94. The stock’s 50-day moving average price is C$6.05 and its two-hundred day moving average price is C$6.75. The company has a current ratio of 3.31, a quick ratio of 0.82 and a debt-to-equity ratio of 43.18.

Kinross Gold (TSE:KGet Rating) (NYSE:KGC) last announced its earnings results on Tuesday, May 10th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.10 by C($0.02). The business had revenue of C$972.85 million during the quarter. Equities research analysts predict that Kinross Gold Co. will post 0.5805487 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 16th. Shareholders of record on Thursday, June 2nd were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 2.22%. The ex-dividend date was Wednesday, June 1st. Kinross Gold’s payout ratio is presently -24.74%.

A number of research firms have commented on K. Bank of America restated a “buy” rating and set a C$7.65 price objective on shares of Kinross Gold in a research note on Tuesday, April 12th. Stifel Nicolaus lowered their price objective on Kinross Gold from C$14.00 to C$11.50 in a research note on Wednesday, April 27th. Royal Bank of Canada downgraded Kinross Gold from an “outperform” rating to a “hold” rating and set a C$6.00 target price on the stock. in a report on Wednesday, April 20th. Barclays reaffirmed an “overweight” rating and issued a C$6.00 target price on shares of Kinross Gold in a report on Thursday, March 3rd. Finally, Cormark raised their target price on Kinross Gold from C$7.00 to C$8.00 and gave the company a “sector perform” rating in a report on Wednesday, April 6th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$9.78.

About Kinross Gold (Get Rating)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver.

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Insider Buying and Selling by Quarter for Kinross Gold (TSE:K)

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