Economy

Average Brokerage Recommendation for Kinross Gold Corporation (KGC)

Average Brokerage Recommendation for Kinross Gold Corporation (KGC)”

Kinross Gold (TSE K) traded down C$0.07 during trading hours on Friday, hitting C$5.46. The first sale was made at $3.99 but later the stock became weaker, and closed with a fall of -4.29%. Kinross Gold Corporation earned a daily sentiment score of 0.20 on Accern's scale. Its book value per share for the most recent quarter is $3.47 while its price to book ratio for the same period is 1.26, as for as the company's cash per share for the most recent quarter is $0.85, however its price to cash per share ratio for the same period is 5.15. Kinross Gold Corporation had a return on equity of 3.63% and a net margin of 1.54%. When looking at the past five sessions, the stock returned -0.79% losses and is down by -67.95% compared with its 200-day moving average of $9.7.

In other news, insider Claude J.S. Schimper sold 18,000 shares of Kinross Gold stock in a transaction dated Wednesday, September 27th. Kinross Gold has a 52-week low of C$3.87 and a 52-week high of C$6.29. Royal Bank Of Canada reissued an "outperform" rating on shares of Kinross Gold Corporation in a research note on Thursday, September 7th.

Kinross Gold Corporation (NYSE:KGC) received a Buy rating from 5 analysts.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 8.84%, and has a solid year to date (YTD) performance of 40.51% which means that the stock is constantly adding to its value from the previous fiscal year end price. Analysts have a mean recommendation of 2.40 on this stock. The consensus mean EPS for the current quarter is at $0.02 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. Currently, Kinross Gold Corporation (NYSE:KGC) has an average volume of 9.63 Million. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Kinross Gold Corporation by 6.3% in the 2nd quarter. As traders, we are more interested to take part in strong moves and don't join moves that show weakness - or we may even watch for an entry in the opposite direction of a weak move. GSA Capital Partners LLP boosted its holdings in shares of Kinross Gold Corporation by 63.1% in the 2nd quarter. The shares went down by -39.55% in value last month. Finally, BidaskClub upgraded shares of Kinross Gold Corporation from a "sell" rating to a "hold" rating in a research report on Friday, August 18th. IFP Advisors Inc now owns 38,769 shares of the mining company's stock valued at $158,000 after buying an additional 7,000 shares during the last quarter.

Kinross Gold Corporation (KGC) stock was most active stock of Wall Street Market on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.17 and a quick ratio of 2.37.

TRADEMARK VIOLATION NOTICE: "Kinross Gold Corporation (KGC) Shares Gap Up After Earnings Beat" was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark law. 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

loading...
loading...

Latest


10 November 2017
Limited iPhone X Owners Experiencing a Green Line on the Display
It generally appears towards the right or left sides of the display, and sometimes it simply disappears altogether. A new issue apparently is cropping up where a thin lime green line is showing up along the edge of some displays.

10 November 2017
Scenes as McGregor jumps into cage at 3 Arena
Redmond landed a big knee on Ward up against the cage, but he found himself on the deck seconds later courtesy of a left hook. UFC lightweight champion Conor McGregor made quite the scene at today's Bellator 187 event in his native Dublin.

10 November 2017
Q2 2017 Sentiment Lattice Semiconductor Corp (NASDAQ:LSCC)
The Weatherford International plc has Relative Strength Index (RSI 14) of 58.04 along with Average True Range (ATR 14) of 0.21. According to the recommendations from 5 analysts stock has mean rating of 1.8 on the shares of Teligent Cmn Stk (NASDAQ:TLGT).

10 November 2017
Black Friday PlayStation Deals: $200 PS4, $350 Skyrim PSVR Bundle, $40 Controllers
This is an incredible deal on what is undoubtedly the most affordable high-end VR solution available on the market right now. The standard PlayStation 4 model - in Jet black with a 1TB hard drive - will be available for a paltry $199.99.

10 November 2017
Bitcoin tumbles from record after upgrade is called off
In contrast to bitcoin, bitcoin cash boasts a block size of 8 megabytes with the ability to process transactions at a faster rate. Bitcoin cash, the cryptocurrency that split off from bitcoin earlier this year, jumped against the dollar on Friday.

10 November 2017
Read actress Ellen Page's powerful personal message about Hollywood abusers
She says she was taken out to business dinner by a director when she was sixteen years old and he fondled her leg under the table. Producers then approached Page in her trailer and told her she "couldn't talk like that to him [Ratner]".

10 November 2017
Facebook gets local with updated events app
You can also recommend places you've been so your friends can see them, and respond to Facebook event invites through the app. Local is a little different and seems to be focused more on finding things to do in the moment.

10 November 2017
Stock Check For S&P 500 Healthcare Sector SPDR (XLV)
Looking closer at shares of S&P 500 SPDR (SPY), we have recently noted that the Ultimate Oscillator reading is now above 60. As a momentum indicator, the Williams R% has the ability to be used with other technicals to help define a specific trend.

10 November 2017
Bigg Boss 11: Sabyasachi Satpathy becomes the new CAPTAIN of the house
The Bigg Boss then announces the task for the Captiancy of the house that will be held between Sabyasachi, Bandgi and Aakash. Mehjabi and Shilpa are on Sabyasachi's side while Hina will instigate Priyank and Luv to break Bandgi and Akash's eggs.

10 November 2017
Newell Brands (NYSE:NWL) Earning Somewhat Positive News Coverage, Analysis Finds
The stock of Newell Brands Inc (NYSE: NWL ) hit a new 52-week low and has $28.48 target or 3.00% below today's $29.36 share price. Zacks Investment Research cut Newell Brands from a "buy" rating to a "hold" rating in a research report on Friday, July 28th.