FY2017 EPS Estimates for Kinross Gold Co. Boosted by Analyst (K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities researchers at Jefferies Group boosted their FY2017 EPS estimates for shares of Kinross Gold in a research report issued on Thursday. Jefferies Group analyst C. Lafemina now anticipates that the company will earn $0.21 per share for the year, up from their prior forecast of $0.18. Jefferies Group also issued estimates for Kinross Gold’s FY2018 earnings at $0.21 EPS, FY2019 earnings at $0.23 EPS and FY2020 earnings at $0.24 EPS.

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A number of other equities research analysts have also recently weighed in on the company. Canaccord Genuity raised their price target on Kinross Gold from C$7.75 to C$8.00 in a report on Friday, October 20th. National Bank Financial reaffirmed a “sector perform market weight” rating on shares of Kinross Gold in a report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Kinross Gold presently has a consensus rating of “Buy” and a consensus price target of C$5.85.

Kinross Gold (TSE:K) opened at C$5.45 on Friday. Kinross Gold has a twelve month low of C$3.87 and a twelve month high of C$6.29.

In other news, insider Claude J.S. Schimper sold 18,000 shares of Kinross Gold stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of C$5.27, for a total value of C$94,860.00. Insiders sold a total of 47,551 shares of company stock valued at $253,815 over the last three months.

Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

Earnings History and Estimates for Kinross Gold (TSE:K)

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