Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stock analysts at Cormark boosted their Q4 2017 EPS estimates for Kinross Gold in a research note issued on Thursday, according to Zacks Investment Research. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.04 for the quarter, up from their previous forecast of $0.03.
Several other research firms also recently issued reports on K. Eight Capital restated a “neutral” rating on shares of Kinross Gold in a report on Thursday, November 16th. Macquarie upped their price objective on shares of Kinross Gold from C$6.00 to C$7.00 and gave the company an “outperform” rating in a report on Monday, November 13th. Canaccord Genuity upped their price objective on shares of Kinross Gold from C$7.75 to C$8.00 in a report on Friday, October 20th. Finally, Desjardins restated a “sell” rating on shares of Kinross Gold in a report on Monday, December 11th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Kinross Gold presently has an average rating of “Buy” and an average target price of C$6.11.
Shares of Kinross Gold (TSE:K) traded up C$0.01 during trading on Monday, reaching C$5.18. 3,608,700 shares of the company’s stock were exchanged, compared to its average volume of 2,029,377. The company has a market capitalization of $6,460.00, a P/E ratio of 47.09 and a beta of -0.30. Kinross Gold has a fifty-two week low of C$4.24 and a fifty-two week high of C$6.29.
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About Kinross Gold
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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