Sunday, August 24, 2025

Latest

Kinross Gold CEO Unloads $21.0 Million Worth Of Shares

Kinross Gold (TSX: K) is in the news for all the wrong reasons this morning, with its CEO, Jonathan Paul Rollinson, having filed this week the sale of a substantial portion of his equity holdings in the company.

Rollinson on Tuesday filed the sale of 1.3 million common shares of Kinross, at an average price of $14.00 a share. The sale generated gross proceeds of $18.2 million, and follows the sale of 200,000 shares at an average price of $14.01 a share earlier this month.

All told, Rollinson in November has sold 47% of his free trading common shares in Kinross, for gross proceeds of $21.0 million.

Outside of common shares, Rollinson also holds 2,018,170 restricted shares, and no options in the equity. On a combined basis, he sold 28.8% of his stake in the company.

WATCH: Kinross Q3 Earnings: Crushing Expectations

No notes were included on either of the sale filings made with Sedi.

Kinross Gold last traded at $13.74 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

G Mining Q2 Earnings: Costing Gone Wild

Aya Gold Q2 Earnings: Production Slips Amid Ramp Up

i-80 Gold Q2 Earnings: Better, But Not Great

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

BMO Reiterates $10 Price Target On Kinross Gold Following Russian Asset Sale

On April 5th, Kinross Gold (TSX: K) announced the sale of its Russian assets, with...

Saturday, April 9, 2022, 03:03:00 PM

Kinross Gold: Canaccord Lowers Target To $10.50

On February 16th, Kinross Gold Corp (TSX: K) put out a number of news releases,...

Thursday, February 24, 2022, 04:52:00 PM

Kinross Gold Gets Bent Over In Sale Of Russian Assets

Kinross Gold (TSX: K) is finally selling off its Russian assets. After announcing last week...

Tuesday, April 5, 2022, 08:16:16 AM

Canaccord: “We Expect Kinross’s Trailing 4Q Free Cash Flow To Surpass $800 Million In Q4”

Yesterday, Kinross Gold (TSX: K) released its third quarter financial results. The company reported adjusted...

Thursday, November 5, 2020, 12:27:00 PM

Kinross Gold Finally Divesting Russian Assets

Kinross Gold Corporation (TSX: K) is looking to pack up its Russian things and go...

Wednesday, March 30, 2022, 09:31:02 AM