Kinross Gold Co. (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 firm’s stock in a transaction 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 Co. (TSE K) opened at C$4.69 on Friday. The company has a market capitalization of $5,850.00, a price-to-earnings ratio of 10.42 and a beta of -0.02. Kinross Gold Co. has a 52-week low of C$4.24 and a 52-week high of C$6.29.
A number of analysts recently commented on the company. Eight Capital reaffirmed a “neutral” rating on shares of Kinross Gold in a research note on Thursday, November 16th. National Bank Financial raised their price target on Kinross Gold from C$6.50 to C$7.50 in a research note on Friday, January 26th. Macquarie raised their price objective on Kinross Gold from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Monday, November 13th. Canaccord Genuity raised their price objective on Kinross Gold from C$9.25 to C$10.50 in a research report on Friday, January 19th. Finally, Desjardins reissued a “sell” rating on shares of Kinross Gold in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of C$6.59.
About Kinross Gold
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company's gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.