Analysts Recommendations Kinross Gold Corporation (KGC)

Author

15 July, 2017

Over the last three months, the shares of the company have changed -15.21% and performed -29.56% over the last six months. It also reduced its holding in Sanmina Corporation (NASDAQ:SANM) by 1.43M shares in the quarter, leaving it with 2.55M shares, and cut its stake in Granite Real Estate Investment Trust.

Kinross Gold Corporation (NYSE:KGC) (TSE:K) was the recipient of a large drop in short interest during the month of May.

The stock decreased 2.31% or $0.09 on July 13, reaching $3.81. The stock had a trading volume of 8,822,564 shares.

Kinross Gold Corporation (KGC) share price fell -2.31% to $3.81 in the last trading session.

Sell-side firms are projecting that the stock will reach 4.76 within the next year. Kinross Gold Corporation earned a media sentiment score of 0.31 on Accern's scale. The firm's market capitalization is $4.74 billion. The Beta for the stock stands at 0.66. About shares traded. BorgWarner Inc. Cameco Corp (USA) (NYSE:CCJ) has declined 13.76% since July 14, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. Total Debt/Equity is 39.98 and the Book value per Share is 3.45. Comparatively, Kinross Gold Corporation posted earnings of $0.05 per share in the same quarter past year. Korea Investment CORP bought a new position in Kinross Gold Corporation during the first quarter worth about $271,000.

Kinross Gold Corporation's average Book Value per Share Growth Rate was 3.6 percent during the past 12 months. Therefore 41% are positive.

In Gold Industry, Kinross Gold Corporation (KGC) have 1.26 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The company was downgraded on Monday, August 24 by Robert W. Baird. The firm earned "Buy" rating on Wednesday, June 7 by Piper Jaffray. World Asset Management Inc now owns 77,447 shares of the mining company's stock worth $272,000 after buying an additional 1,932 shares during the last quarter. The firm has "Sector Perform" rating by IBC given on Friday, July 24. The firm has "Hold" rating given on Tuesday, May 3 by Canaccord Genuity. For the next 5 years, Kinross Gold Corporation is expecting Growth of -29.42% per annum, whereas in the past 5 years the growth was -34.52% per annum. Deutsche Bank has "Hold" rating and $2.25 target.

A number of equities research analysts have recently commented on KGC shares. Lastly, Bank of America Corporation boosted Kinross Gold Corporation from a "neutral" recommendation to a "buy" recommendation in a analysis report on Tue, May 23rd. On Thursday, March 31 the stock rating was upgraded by Raymond James to "Outperform". As per Wednesday, April 19, the company rating was maintained by Credit Suisse. The rating was downgraded by UBS on Thursday, February 25 to "Neutral". GTOFF's SI was 2.15 million shares in July as released by FINRA. "Today?" on June 28, 2017. Simply put, readings in the range of 80% to 100% indicate that the security is oversold while readings in the 0% to 20% range suggest it is overbought.

Columbia Asset Management decreased Borg Warner Inc (BWA) stake by 37.38% reported in 2016Q4 SEC filing. 18,440 shares were sold by Emerson Daniel P, worth $1.41 million.

Analysts await Cameco Corp (USA) (NYSE:CCJ) to report earnings on July, 27 before the open. The High end of the forecast is $0.04 per share, while the Low end is $0 per share. Kinross Gold Corporation had a positive ROE of 2.13% and a negative net profit margin of 0.13%. the company reported sales of $796.10 M for the period compared to analysts' anticipations of $790.06 M. Kinross Gold Corporation's end of quarter revenue went up 1.7% on a YOY basis. experts anticipate that Kinross Gold Corporation to post $0.07 EPS for the present financial year.

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