Kinross Gold Co. (K) Insider Sells C$139,750.00 in Stock
Kinross Gold Co. (TSE:K) (NYSE:KGC) insider Claude J.S. Schimper sold 25,000 shares of the business’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of C$5.59, for a total transaction of C$139,750.00.
Shares of Kinross Gold Co. (TSE K) traded down 2.23% during mid-day trading on Tuesday, reaching $5.25. 1,497,655 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $5.21 and a 200 day moving average price of $5.15. Kinross Gold Co. has a 52 week low of $3.87 and a 52 week high of $6.48. The stock has a market cap of $6.55 billion and a price-to-earnings ratio of 125.00.
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A number of research firms have commented on K. BMO Capital Markets raised shares of Kinross Gold from a “market perform” rating to an “outperform” rating and upped their target price for the company from C$3.75 to C$5.00 in a research report on Monday, May 29th. ValuEngine cut shares of Kinross Gold from a “hold” rating to a “sell” rating in a research report on Thursday, May 11th. National Bank Financial reaffirmed a “sector perform market weight” rating on shares of Kinross Gold in a research report on Thursday, August 3rd. Royal Bank Of Canada upped their target price on shares of Kinross Gold to C$6.50 and gave the company an “outperform” rating in a research report on Tuesday, May 9th. Finally, Scotiabank reaffirmed a “sector perform” rating and issued a C$4.00 target price on shares of Kinross Gold in a research report on Friday, May 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of C$5.71.
Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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