Kinross Gold Co. (TSE:K) Director Jonathan Paul Rollinson Sells 205,318 Shares

Kinross Gold Co. (TSE:K) (NYSE:KGC) Director Jonathan Paul Rollinson sold 205,318 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of C$15.22, for a total transaction of C$3,124,939.96.

Jonathan Paul Rollinson also recently made the following trade(s):

• On Wednesday, February 26th, Jonathan Paul Rollinson sold 3 shares of Kinross Gold stock. The shares were sold at an average price of C$15.68, for a total transaction of C$47.04.

Kinross Gold Stock Up 2.1 %

Shares of Kinross Gold stock opened at C$16.42 on Thursday. The company has a fifty day moving average price of C$15.42 and a 200 day moving average price of C$14.06. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81. Kinross Gold Co. has a twelve month low of C$7.10 and a twelve month high of C$17.63. The stock has a market cap of C$14.28 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Wednesday, March 5th will be given a dividend of $0.03 per share. 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 Ratings Changes

Separately, National Bankshares boosted 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 MarketBeat.com, the stock 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.