Kinross Gold Co. (TSE:K) (NYSE:KGC) insider Claude J.S. Schimper sold 65,000 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of C$4.53, for a total value of C$294,450.00.
Kinross Gold stock traded up C$0.01 during mid-day trading on Monday, hitting C$4.76. The stock had a trading volume of 310,877 shares, compared to its average volume of 3,194,586. The stock has a market capitalization of $5,950.00, a price-to-earnings ratio of 10.56 and a beta of -0.02. Kinross Gold Co. has a 1-year low of C$4.44 and a 1-year high of C$6.29.
Kinross Gold (TSE:K) (NYSE:KGC) last posted its quarterly earnings results on Wednesday, February 14th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.03). The company had revenue of C$1.03 billion during the quarter, compared to analysts’ expectations of C$1.06 billion. Kinross Gold had a net margin of 7.26% and a return on equity of 5.54%.
K has been the subject of several research reports. National Bank Financial boosted their price objective on Kinross Gold from C$6.50 to C$7.50 in a research note on Friday, January 26th. Canaccord Genuity boosted their price objective on Kinross Gold from C$9.25 to C$10.50 in a research note on Friday, January 19th. Finally, Desjardins restated a “sell” rating on shares of Kinross Gold in a research report on Monday, December 11th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of C$6.59.
Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, and processing of gold-containing ore. It also engages in the reclamation of gold mining properties; and production and sale of silver. The company's gold production and exploration activities are carried out principally in Canada, the United States, Russia, Brazil, Chile, Ghana, and Mauritania.
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