Kinross Gold Co. (TSE:K) Senior Officer Geoffrey Peters Gold Sells 100,000 Shares

Kinross Gold Co. (TSE:K) (NYSE:KGC) Senior Officer Geoffrey Peters Gold sold 100,000 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$14.22, for a total value of C$1,421,710.00.

Geoffrey Peters Gold also recently made the following trade(s):

• On Thursday, December 5th, Geoffrey Peters Gold sold 1,000 shares of Kinross Gold stock. The shares were sold at an average price of C$14.11, for a total value of C$14,106.00.

Kinross Gold Trading Down 2.8 %

TSE:K opened at C$13.90 on Friday. The company has a 50-day moving average price of C$13.92 and a 200-day moving average price of C$12.52. The stock has a market cap of C$17.10 billion, a price-to-earnings ratio of 25.74, a P/E/G ratio of -0.60 and a beta of 1.24. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 31.89. Kinross Gold Co. has a 12 month low of C$6.46 and a 12 month high of C$14.97.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 28th were issued a $0.041 dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a $0.16 annualized dividend and a yield of 1.18%. Kinross Gold’s dividend payout ratio (DPR) is presently 29.63%.

Analyst Ratings Changes

K has been the topic of several recent analyst reports. Canaccord Genuity Group cut their target price on shares of Kinross Gold from C$17.00 to C$16.50 and set a “buy” rating on the stock in a report on Friday, September 13th. National Bankshares raised their price target 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. Stifel Nicolaus upped their price objective on shares of Kinross Gold from C$14.50 to C$18.00 in a research note on Monday, October 21st. Finally, Eight Capital raised their target price on Kinross Gold from C$15.00 to C$16.00 and gave the stock a “buy” rating in a research note on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently 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.