Kinross Gold (TSE:K) Receives “Outperform Overweight” Rating from National Bank Financial

Kinross Gold (TSE:K) (NYSE:KGC)‘s stock had its “outperform overweight” rating restated by stock analysts at National Bank Financial in a note issued to investors on Monday, Zacks.com reports.

Kinross Gold Stock Performance

K opened at C$8.86 on Monday. The company has a quick ratio of 1.11, a current ratio of 2.63 and a debt-to-equity ratio of 36.54. The company has a market cap of C$10.90 billion, a price-to-earnings ratio of 19.26, a PEG ratio of -0.60 and a beta of 1.21. Kinross Gold has a 52-week low of C$5.91 and a 52-week high of C$8.92. The firm’s fifty day simple moving average is C$7.50 and its two-hundred day simple moving average is C$7.45.

Kinross Gold (TSE:K) (NYSE:KGC) last posted its quarterly earnings data on Wednesday, February 14th. The company reported C$0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.12 by C$0.03. The business had revenue of C$1.52 billion for the quarter, compared to the consensus estimate of C$1.24 billion. Kinross Gold had a net margin of 9.82% and a return on equity of 6.88%. Equities analysts anticipate that Kinross Gold will post 0.4605193 earnings per share for the current fiscal year.

Insider Activity

In other news, Senior Officer Nathan M. Longenecker sold 29,312 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$4.93, for a total value of C$144,508.16. In other news, Senior Officer Nathan M. Longenecker sold 29,312 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$4.93, for a total value of C$144,508.16. Also, Senior Officer Claude J.S. Schimper sold 8,400 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of C$7.64, for a total transaction of C$64,176.00. Insiders sold 143,621 shares of company stock worth $893,873 over the last three months. Insiders own 0.26% of the company’s stock.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.