Kinross Gold Co. (TSE:K) Senior Officer Sells C$55,395.00 in Stock

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Claude J.S. Schimper sold 4,500 shares of Kinross Gold stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of C$12.31, for a total value of C$55,395.00.

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

• On Tuesday, May 21st, Claude J.S. Schimper sold 7,000 shares of Kinross Gold stock. The shares were sold at an average price of C$11.09, for a total transaction of C$77,630.00.

Kinross Gold Stock Up 0.2 %

Shares of K stock opened at C$12.80 on Wednesday. Kinross Gold Co. has a one year low of C$5.91 and a one year high of C$13.08. The company has a debt-to-equity ratio of 31.89, a current ratio of 1.27 and a quick ratio of 1.11. The stock has a fifty day moving average price of C$11.63 and a 200 day moving average price of C$9.69. The stock has a market cap of C$15.74 billion, a P/E ratio of 23.27, a price-to-earnings-growth ratio of -0.60 and a beta of 1.23.

Kinross Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd will be given a dividend of $0.041 per share. This is a positive change from Kinross Gold’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, August 22nd. Kinross Gold’s payout ratio is 30.91%.

Analyst Ratings Changes

Several analysts recently weighed in on K shares. Eight Capital increased their target price on Kinross Gold from C$11.00 to C$15.00 in a research note on Thursday, July 11th. Cormark raised Kinross Gold from a “market perform” rating to a “buy” rating and increased their price objective for the company from C$11.00 to C$13.00 in a research report on Thursday, May 9th. Canaccord Genuity Group boosted their target price on shares of Kinross Gold from C$13.50 to C$16.00 in a research report on Tuesday, July 23rd. Finally, National Bankshares increased their price target on shares of Kinross Gold from C$13.75 to C$16.00 and gave the company an “outperform” rating in a report on Wednesday, July 17th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$13.33.

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.