Eight Capital reissued their neutral rating on shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) in a research note published on Thursday morning.
A number of other analysts have also issued reports on K. Canaccord Genuity increased their target price on Kinross Gold from C$7.75 to C$8.00 in a report on Friday, October 20th. National Bank Financial restated a sector perform market weight rating on shares of Kinross Gold in a report on Thursday, August 3rd. Finally, Macquarie increased their target price on Kinross Gold from C$6.00 to C$7.00 and gave the company an outperform rating in a report on Monday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of C$5.99.
Shares of Kinross Gold (TSE:K) traded up C$0.07 during trading hours on Thursday, hitting C$5.53. The stock had a trading volume of 1,839,615 shares, compared to its average volume of 4,202,632. Kinross Gold has a one year low of C$3.87 and a one year high of C$6.29.
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In other Kinross Gold news, insider Claude J.S. Schimper sold 18,000 shares of the stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of C$5.27, for a total transaction of C$94,860.00.
Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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