Economy

TD Securities Boosts Kinross Gold Co. (K) Price Target to C$5.50

Eight analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The stock price recently experienced a 5-day gain of 2.18% with 0.97 average true range (ATR).

K has been the topic of a number of other research reports. The stock of Alacer Gold Corp (TSE:ASR) earned "Outperform" rating by Scotia Capital on Tuesday, June 28. Scotiabank reissued a sector perform rating and issued a C$4.00 price objective on shares of Kinross Gold in a report on Thursday, February 16th. Kinross Gold Corporation (KGC) has the market capitalization of 5.45 Billion.

Director at Kinross Gold Corporation, Brough, John A. on 2014-12-12 Buy 8600 shares of the company at a price of $3.48.

The market experts are predicting a 46.7% rally, based on the high target price ($6.22) for Kinross Gold Corporation shares that is likely to be hit in the 52 weeks.

Kinross Gold Corporation (KGC) is expected to post revenue of $892.08 Million in the current quarter, according to consensus of 5 analysts.

About 138,621 shares traded. A popular tool among technical stock analysts is the moving average. Kinross Gold has a 52-week low of $3.87 and a 52-week high of $7.56.

While considering EPS estimates of the company, it has next quarter growth estimates of 0.03 whereas during current year it has 0.11 estimations over growth, comparing to the estimations of 0.11 during next year.

Consequently Kinross Gold Corp (NYSE:KGC)'s weekly and monthly volatility is 2.06%, 3.07% respectively. The firm's revenue for the quarter was down.9% compared to the same quarter a year ago. The company's revenue was down.9% on a year-over-year basis. The ATR (Average True Range) value is 0.15. Commerzbank Aktiengesellschaft FI grew its position in Kinross Gold Corporation by 56.1% in the second quarter.

By taking a look at the stock's current statistics it can gauged that the stock candle is BEARISH with LOW volatility.

Kinross Gold Corp (KGC) now has a 14-day Commodity Channel Index (CCI) of -17.50.

At the time of writing, the 14-day ADX for Kinross Gold Corp (K.TO) is 18.54.

The TTM operating margin for the company stands at 5.3%. Gotham Asset Management LLC now owns 41,487 shares of the mining company's stock worth $169,000 after purchasing an additional 14,398 shares during the period. Finally, Bayesian Capital Management LP acquired a new stake in Kinross Gold Corporation during the 2nd quarter worth about $195,000. Wells Fargo & Company MN now owns 91,788 shares of the mining company's stock valued at $322,000 after acquiring an additional 12,016 shares during the last quarter.

For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments.

COPYRIGHT VIOLATION WARNING: This news story was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & global copyright law. Year to Date (YTD) performance of Kinross Gold Corporation (KGC) is 38.91 percent while its Performance (Week) is 2.86 percent and Performance (month) is at -7.89 percent. The Company is engaged 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.



Like this

Latest


06 October 2017
Red Sox infielder carried off the field by manager John Farrell
Nunez aggravated a preexisting right knee injury that had limited him to two-at bats in the final two weeks of the regular season. Sale didn't pitch against the Astros this season while Pomeranz gave up a run in each of his two outings as Boston won each.

06 October 2017
How a bump stock modifies a semi-automatic firearm
The " bump stock " essentially uses the force of the gun's recoil after a shot is fired to trigger another shot nearly instantly. The bill has the support of dozens of Democrats but no Republicans as of Thursday afternoon.

06 October 2017
Royal banquet held to celebrate Brunei Sultan's 50 years on throne
Brunei is an oil-rich nation and, as absolute monarch, the sultan is one of the world's richest people. Right after he is expected to return to Davao, where he will most likely spend the weekend.

06 October 2017
Contravir Pharmaceut (CTRV): Stock to Follow
Shifting focus to some additional indicators, Salim Ivomas Pratama Tbk (SIMP.JK) now has a 14 day Williams %R of -25.00. By taking a look at the stock's current statistics it can gauged that the stock candle is BULLISH with HIGH volatility.

06 October 2017
Georgia LB Natrez Patrick arrested on marijuana charge
Patrick was suspended for one game against Kentucky as a freshman in 2015 following his first arrest on marijuana charges. He was suspended for one game - per Georgia student-athlete handbook policy - for a similar offense two years ago.

06 October 2017
France's Macron says he'll help mediate between Kurds and Iraq after referendum
Haider al-Abadi said in Paris on Thursday that the fight against IS will now focus on the border zone with Syria. Abadi called on Iraqi and Kurdish forces to work together to avoid conflict following the referendum outcome.

06 October 2017
Tennessee residents react to potential gun control
Democratic house leader Nancy Pelosi also called for the ban of the device, as well as other more comprehensive gun legislation. While other GOP members of Congress haven't gone quite that far, we're pleased that other Republicans - including Texas Sen.

06 October 2017
20 killed, several injured in Pakistan shrine blast
Answering a question on whether the government was aware of a terrorist threat, Bugti said, "We are in a war zone". Initial probe showed that the blast occurred when "dhamal" was going in the premises of the shrine.

06 October 2017
USA leaders say no action on gun legislation
Not likely, considering that all he has said and, rather nonchalantly too is: "We will be talking about gun laws as time goes by". These three establishments, Strip Gun Club, Battlefield Vegas and Machine Gun Experience, denied ABC News' request for comment.

06 October 2017
Puerto Rico law students coming to finish their studies
The money will go towards up to seven months of what's termed "high-cost support" infrastructure to provide service to customers. The FCC will tap $76.9 million from the universal service fund (USF) for hurricane relief in Puerto Rico and the U.S.



Recommended