The President & Chief Executive Officer of Kinross Gold is Exercising Options

Today it was reported that the President & Chief Executive Officer of Kinross Gold (KGCResearch Report), Jonathon Paul Rollinson, exercised options to sell 212,197 KGC shares for a total transaction value of $1.75M.

In addition to Jonathon Paul Rollinson, 5 other KGC executives reported Sell trades in the last month. This recent transaction decreases Jonathon Paul Rollinson’s holding in the company by 2% to a total of $16.02 million.

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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.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $10.91, reflecting a -38.9% downside.

The insider sentiment on Kinross Gold has been negative according to 102 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Jonathon Paul Rollinson’s trades have generated a 27.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.