Kinross Gold Co. (TSE:K) Senior Officer Geoffrey Peters Gold Sells 99,347 Shares

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Geoffrey Peters Gold sold 99,347 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of C$15.22, for a total value of C$1,512,061.34.

Geoffrey Peters Gold also recently made the following trade(s):

• On Monday, December 9th, Geoffrey Peters Gold sold 100,000 shares of Kinross Gold stock. The shares were sold at an average price of C$14.22, for a total value of C$1,421,710.00.
• On Thursday, December 5th, Geoffrey Peters Gold sold 1,000 shares of Kinross Gold stock. The stock was sold at an average price of C$14.11, for a total transaction of C$14,106.00.

Kinross Gold Trading Up 2.1 %

TSE:K opened at C$16.42 on Thursday. The business’s 50 day moving average is C$15.42 and its two-hundred day moving average is C$14.06. 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 cap of C$14.28 billion, a PE ratio of 19.33, a P/E/G ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a 52 week low of C$7.10 and a 52 week high of C$17.63.

Kinross Gold Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.73%. Kinross Gold’s dividend payout ratio (DPR) is 18.84%.

Analyst Upgrades and Downgrades

Separately, National Bankshares increased their price objective on shares of Kinross Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Five 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 a consensus 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.