Kinross Gold Co. (TSE:K) Insider Claude J.S. Schimper Sells 65,000 Shares

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.

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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.

Insider Buying and Selling by Quarter for Kinross Gold (TSE:K)

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