Kinross Gold Co. (TSE:K – Get Free Report) (NYSE:KGC) declared a quarterly dividend on Wednesday, February 12th,RTT News reports. Shareholders of record on Wednesday, March 5th will be paid a dividend of 0.03 per share on Thursday, March 20th. This represents a $0.12 dividend on an annualized basis and a yield of 0.74%.
Kinross Gold Stock Performance
Shares of K opened at C$16.21 on Friday. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. Kinross Gold has a twelve month low of C$6.46 and a twelve month high of C$17.63. The firm’s 50 day moving average price is C$14.89 and its two-hundred day moving average price is C$13.70. The firm has a market cap of C$14.09 billion, a P/E ratio of 19.08, a PEG ratio of -0.60 and a beta of 1.24.
Analyst Ratings Changes
K has been the topic of a number of recent research reports. Stifel Nicolaus lifted their price objective on shares of Kinross Gold from C$14.50 to C$18.00 in a report on Monday, October 21st. National Bankshares boosted their target price on shares of Kinross Gold from C$20.00 to C$22.00 and gave the stock an “outperform” rating in a report on Tuesday. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, Kinross Gold currently has an average rating of “Buy” and an average target price of C$17.10.
Insider Activity
In other news, Director Jonathan Paul Rollinson sold 1,300,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of C$14.00, for a total value of C$18,200,000.00. Also, Senior Officer Claude J.S. Schimper sold 7,122 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$13.91, for a total transaction of C$99,067.02. Over the last 90 days, insiders sold 1,408,122 shares of company stock valued at $19,734,883. 0.26% of the stock is owned by company insiders.
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.
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