Geoffrey Peters Gold Sells 1,000 Shares of Kinross Gold Co. (TSE:K) Stock

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Geoffrey Peters Gold sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$14.11, for a total transaction of C$14,106.00.

Kinross Gold Price Performance

The company has a 50-day moving average of C$13.78 and a two-hundred day moving average of C$12.42. The firm has a market capitalization of C$17.00 billion, a P/E ratio of 25.59, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a 12 month low of C$6.46 and a 12 month high of C$14.95. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 31.89.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 28th will be given a $0.041 dividend. The ex-dividend date is Thursday, November 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of ∞. Kinross Gold’s dividend payout ratio (DPR) is presently 29.63%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Canaccord Genuity Group decreased their target price on Kinross Gold from C$17.00 to C$16.50 and set a “buy” rating for the company in a report on Friday, September 13th. Stifel Nicolaus lifted their price objective on Kinross Gold from C$14.50 to C$18.00 in a research note on Monday, October 21st. National Bankshares upped their target price on shares of Kinross Gold from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Eight Capital boosted their price target on shares of Kinross Gold from C$15.00 to C$16.00 and gave the stock a “buy” rating in a report on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$16.70.

Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.