Kinross Gold Co. (TSE:K) Senior Officer Claude J.S. Schimper Sells 7,122 Shares

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Claude J.S. Schimper sold 7,122 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$13.91, for a total transaction of C$99,067.02.

Kinross Gold Trading Up 1.4 %

Shares of K stock opened at C$14.27 on Monday. The company’s 50-day moving average price is C$13.62 and its 200-day moving average price is C$12.19. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 31.89. The stock has a market cap of C$17.55 billion, a price-to-earnings ratio of 26.43, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold Co. has a twelve month low of C$6.46 and a twelve month high of C$14.95.

Kinross Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders 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 yield of 1.15%. Kinross Gold’s payout ratio is currently 29.63%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Canaccord Genuity Group cut their price target on shares of 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 upped their target price on shares of Kinross Gold from C$14.50 to C$18.00 in a report 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 report 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 company a “buy” rating in a research report on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Kinross Gold currently has a consensus rating of “Buy” and a consensus price target of C$16.70.

About Kinross Gold

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.