Michel Sylvestre Sells 2,850 Shares of Kinross Gold Co. (K) Stock
Kinross Gold Co. (TSE:K) (NYSE:KGC) insider Michel Sylvestre sold 2,850 shares of the firm’s stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of C$6.08, for a total transaction of C$17,328.00.
Kinross Gold Co. (TSE:K) traded down 4.15% during trading on Thursday, hitting $6.00. 5,086,451 shares of the stock traded hands. Kinross Gold Co. has a 52-week low of $3.87 and a 52-week high of $7.56. The stock’s market cap is $7.48 billion. The stock has a 50 day moving average price of $5.40 and a 200-day moving average price of $4.84.
A number of equities analysts recently issued reports on the stock. Scotiabank reissued a “sector perform” rating and issued a C$4.00 price objective on shares of Kinross Gold in a report on Friday, May 5th. TD Securities raised their price objective on shares of Kinross Gold from C$5.00 to C$5.50 and gave the stock a “buy” rating in a report on Friday, May 5th. ValuEngine downgraded shares of Kinross Gold from a “hold” rating to a “sell” rating in a report on Thursday, May 11th. Royal Bank of Canada lifted their price target on shares of Kinross Gold to C$6.50 and gave the company an “outperform” rating in a report on Tuesday, May 9th. Finally, CIBC raised shares of Kinross Gold from a “neutral” rating to an “outperform” rating and set a C$4.75 price target on the stock in a report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$6.03.
About Kinross Gold
Kinross Gold Corporation is a gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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