The Senior Officer of Kinross Gold (KGC) is Selling Shares

Yesterday, the Senior Officer of Kinross Gold (KGC), Thomas Ballantyne Elliott, sold shares of KGC for $150.4K.

See today’s analyst top recommended stocks >>

Based on Kinross Gold’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.2 billion and quarterly net profit of $783 million. In comparison, last year the company earned revenue of $996 million and had a net profit of $522 million. The company has a one-year high of $10.32 and a one-year low of $2.72. KGC’s market cap is $8.9 billion and the company has a P/E ratio of 6.80.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $11.25, reflecting a -38.0% downside.

The insider sentiment on Kinross Gold has been negative according to 111 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kinross Gold Corp. is an exploration company. It engages in the production, acquisition, exploration and development of gold bearing properties in Canada, United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana and Mauritania. The products are gold and silver produced in the form of dore. The company operates through the following business segments: Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Crixas, La Coipa, Maricunga, Tasiast and Chirano. The company was founded by Robert MacKay Buchan on May 31, 1993 and is headquartered in Toronto, Canada.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts