Economy

Analysts Opinions on: Kinross Gold Corporation (KGC)

The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned "Underperform" rating by Macquarie Research on Tuesday, March 15.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. AMF Pensionsforsakring AB's holdings in Kinross Gold were worth $678,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KGC. Kinross Gold Corporation had 54 analyst reports since July 24, 2015 according to SRatingsIntel.

For the Current Quarter, the growth estimate for Kinross Gold Corporation is -80%, while for the Next Quarter the stock growth estimate is 175%. BNP Paribas Arbitrage SA now owns 708,264 shares of the mining company's stock valued at $2,486,000 after acquiring an additional 210,057 shares during the period. World Asset Management Inc boosted its holdings in Kinross Gold Corporation by 2.6% during the 1st quarter. Creative Planning now owns 44,435 shares of the mining company's stock valued at $181,000 after purchasing an additional 5,514 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in Kinross Gold during the fourth quarter valued at approximately $22,916,000.

Kinross Gold (K) opened at 5.29 on Friday. ValuEngine upgraded shares of Kinross Gold Corporation from a "sell" rating to a "hold" rating in a report on Friday, September 1st. Royal Bank of Canada reiterated a "buy" rating and set a $5.00 price objective on shares of Kinross Gold in a research note on Tuesday, January 3rd. The Loeb Partners Corporation holds 64,700 shares with $7.75M value, down from 69,600 last quarter. One research analyst has rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) has "Buy" rating given on Tuesday, July 18 by RBC Capital Markets.

On the other hand Kinross Gold Corp (NYSE:KGC) has Relative Strength Index (RSI 14) of 42.97 along with Average True Range (ATR 14) of 0.15. If you are viewing this story on another publication, it was copied illegally and republished in violation of USA & worldwide trademark and copyright legislation. The original version of this story can be viewed at https://weekherald.com/2017/10/02/kinross-gold-co-k-price-target-raised-to-c7-75.html.

Kinross Gold Corporation (NYSE:KGC) closed its last session at $4.24. The stock had a trading volume of 4,223,275 shares.

The company is down by 0.70%% since yesterday's close of 4.27. The company's market cap is $5.29 Billion.

Consequently Kinross Gold Corp (NYSE:KGC)'s weekly and monthly volatility is 2.75%, 3.45% respectively.

Many analysts have provided their estimated foresights on Kinross Gold Corporation Earnings, with 13 analysts believing the company would generate an Average Estimate of $0.02. The mining company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.02. The firm's revenue for the quarter was down.9% compared to the same quarter past year. Return on Equity (ROE) stands at 1.3% and Return on Investment (ROI) of -0.1 percent. While in the same Quarter Previous year, the Actual EPS was $0.1. They expect $0.01 earnings per share, down 90.00% or $0.09 from last year's $0.1 per share. Next quarter's EPS is expected be $0.03 and the next full year EPS is projected to be $0.11.

Kinross Gold Corporation is a gold mining company. The Company is involved in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company's segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.



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