Headlines about Kinross Gold (NYSE:KGC) (TSE:K) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kinross Gold earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media stories about the mining company an impact score of 48.3730261233301 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s rankings:
Several research firms have issued reports on KGC. BMO Capital Markets set a $5.00 target price on Kinross Gold and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Desjardins reaffirmed a “sell” rating on shares of Kinross Gold in a report on Monday, December 11th. Macquarie raised Kinross Gold from a “neutral” rating to an “outperform” rating and reduced their target price for the company from $4.40 to $4.37 in a research note on Friday, November 10th. Royal Bank of Canada set a $5.00 target price on Kinross Gold and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, TD Securities set a $6.00 target price on Kinross Gold and gave the company a “buy” rating in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $4.86.
Kinross Gold (NYSE:KGC) opened at $4.13 on Thursday. Kinross Gold has a 1-year low of $3.15 and a 1-year high of $4.91. The stock has a market cap of $5,150.00, a P/E ratio of 45.89 and a beta of 0.11. The company has a current ratio of 3.96, a quick ratio of 2.18 and a debt-to-equity ratio of 0.39.
Kinross Gold (NYSE:KGC) (TSE:K) last released its earnings results on Wednesday, November 8th. The mining company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. The firm had revenue of $828.00 million during the quarter, compared to analyst estimates of $787.40 million. Kinross Gold had a net margin of 3.28% and a return on equity of 2.58%. The business’s revenue was down 9.0% on a year-over-year basis. During the same period last year, the business earned $0.10 earnings per share. sell-side analysts predict that Kinross Gold will post 0.14 EPS for the current fiscal year.
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About Kinross Gold
Kinross Gold Corporation is a gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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