Kinross Gold Co. (TSE:K) Senior Officer Laurence Davies Sells 10,000 Shares

Posted by Amy Steele on Mar 17th, 2025

Kinross Gold Co. (TSE:K – Get Free Report) (NYSE:KGC) Senior Officer Laurence Davies sold 10,000 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$16.58, for a total value of C$165,800.00.

Kinross Gold Stock Performance

Shares of K traded up C$0.47 during mid-day trading on Monday, reaching C$17.17. The company’s stock had a trading volume of 4,318,763 shares, compared to its average volume of 3,494,253. Kinross Gold Co. has a 1-year low of C$7.40 and a 1-year high of C$17.63. The stock has a market cap of C$14.93 billion, a P/E ratio of 20.21, a PEG ratio of -0.60 and a beta of 1.24. The business has a 50-day simple moving average of C$15.82 and a two-hundred day simple moving average of C$14.28. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81.

Kinross Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.70%. Kinross Gold’s payout ratio is 18.84%.

Wall Street Analyst Weigh In

Separately, National Bankshares upped their target price on Kinross Gold from C$20.00 to C$22.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Kinross Gold has an average rating of “Buy” and an average target price of C$17.10.

Read Our Latest Stock Analysis on K

Kinross Gold Company Profile

(Get Free Report)

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.