Kinross Gold Corporation (NYSE:KGC) Valuation According To Analysts

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10 August, 2017

To focus on performance of the Kinross Gold Corporation (NYSE:KGC) that has shown a discernible change in trend levels over the path of recent market activity. The consensus recommendation provided by analysts is now 2.40. The firm had revenue of $868.60 million for the quarter, compared to analysts' expectations of $825.02 million. Kinross Gold Corporation has a 52-week low of 2.88 and a 52-week high of 5.51. The business's revenue was down.9% compared to the same quarter a year ago. During the same quarter in the previous year, the business posted ($0.01) EPS. If you are reading this piece of content on another site, it was illegally copied and republished in violation of USA & global copyright and trademark laws. The correct version of this article can be accessed at https://www.com-unik.info/2017/08/09/jefferies-group-analysts-increase-earnings-estimates-for-kinross-gold-co-k.html. For the long-term approach of trading or also can for short period of time, 200 days MA can also help to get idea about trading, KGC has 12.00% which indicates Bullish trends and this can also make isolating trends easier.

Kinross Gold Corporation (KGC) has a market capitalization of 4.75 Billion which suggests the company is a huge company further suggesting that the shares of Kinross Gold Corporation (KGC) are stable and safe compared to the lower market capitalization companies. Analysts rating the company a 1 or 2 indicate a Buy recommendation. BMO Capital Markets raised shares of Kinross Gold from a "market perform" rating to an "outperform" rating and raised their target price for the company from C$3.75 to C$5.00 in a research note on Monday, May 29th. BidaskClub downgraded shares of Kinross Gold Corporation from a "buy" rating to a "hold" rating in a research note on Tuesday, June 13th.

09/07/2016 - Berenberg Bank began new coverage on Kinross Gold Corporation giving the company a "hold" rating. Narrowing in, the stock is at a distance of -8.80% from the 50 day high and 13.94% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Kinross Gold Corporation (NYSE:KGC).

11/07/2016 - Kinross Gold Corporation had its "sector perform" rating reiterated by analysts at Scotiabank. Kinross Gold Corporation has a 1-year low of $2.88 and a 1-year high of $5.51. Through this figure traders can analyze that KGC show whether or not a stock now most active and standing in buying side or sell side. The firm's market cap is $6.53 billion. On average, analysts expect that Kinross Gold Corporation will post $0.09 EPS for the current year.

KGC has been the subject of several recent research reports.

Kinross Gold Corporation (NYSE:KGC) (TSE:K) last released its earnings results on Wednesday, August 2nd. Over the last ninety days, insiders sold 22,058 shares of company stock valued at $119,371. Kinross Gold Corporation earned a news sentiment score of 0.15 on Accern's scale. Virginia Retirement Systems ET AL now owns 242,100 shares of the mining company's stock worth $982,000 after buying an additional 35,200 shares during the period. Finally, World Asset Management Inc boosted its stake in shares of Kinross Gold Corporation by 2.6% in the first quarter. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Average estimation for the current quarter has been provided by 11 analysts. Karp Capital Management Corp bought a new position in shares of Kinross Gold Corporation during the first quarter worth $235,000. TD Asset Management Inc. now owns 7,785,165 shares of the mining company's stock worth $31,591,000 after buying an additional 398,424 shares during the period.

05/23/2017 - Kinross Gold Corporation was upgraded to "buy" by analysts at Bank of America Merrill Lynch.


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