Kinross Gold Co. (TSE:K - Get Free Report) (NYSE:KGC) Director George Nickolas Paspalas bought 5,000 shares of the company's stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of C$13.79 per share, for a total transaction of C$68,950.00.
Kinross Gold Stock Down 1.4 %
Shares of Kinross Gold stock opened at C$13.70 on Wednesday. Kinross Gold Co. has a 12-month low of C$6.46 and a 12-month high of C$14.97. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 31.89. The stock has a 50 day moving average price of C$13.96 and a two-hundred day moving average price of C$12.57. The stock has a market capitalization of C$16.85 billion, a P/E ratio of 25.37, a PEG ratio of -0.60 and a beta of 1.24.
Kinross Gold Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors 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 1.20%. Kinross Gold's dividend payout ratio (DPR) is presently 29.63%.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Stifel Nicolaus boosted their price objective on shares of Kinross Gold from C$14.50 to C$18.00 in a research report on Monday, October 21st. National Bankshares boosted their price target on shares of Kinross Gold from C$19.00 to C$20.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. Canaccord Genuity Group cut their price objective on 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. Finally, Eight Capital boosted their target price on Kinross Gold from C$15.00 to C$16.00 and gave the company a "buy" rating in a research note on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$16.70.
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View Our Latest Analysis on Kinross Gold
Kinross Gold Company Profile
(
Get Free Report)
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.
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