News stories about Kinross Gold (NYSE:KGC) (TSE:K) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kinross Gold earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news articles about the mining company an impact score of 47.2861787959599 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern’s rankings:
Shares of Kinross Gold (NYSE KGC) traded down $0.24 during midday trading on Friday, reaching $4.10. The company’s stock had a trading volume of 10,276,889 shares, compared to its average volume of 9,980,000. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.18 and a current ratio of 3.96. Kinross Gold has a one year low of $3.15 and a one year high of $4.91. The stock has a market capitalization of $5,100.00, a PE ratio of 45.56 and a beta of 0.24.
Kinross Gold (NYSE:KGC) (TSE:K) last issued its quarterly earnings data on Wednesday, November 8th. The mining company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.05. The company had revenue of $828.00 million during the quarter, compared to analysts’ expectations of $787.40 million. Kinross Gold had a return on equity of 2.58% and a net margin of 3.28%. The firm’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 earnings per share. equities analysts predict that Kinross Gold will post 0.16 EPS for the current year.
Several equities analysts have weighed in on KGC shares. BMO Capital Markets set a $5.00 target price on Kinross Gold and gave the company a “buy” rating in a research report on Tuesday, December 19th. Royal Bank of Canada set a $5.00 target price on Kinross Gold and gave the company a “buy” rating in a research report on Monday, October 30th. TD Securities set a $6.00 target price on Kinross Gold and gave the company a “buy” rating in a research report on Thursday, October 19th. Jefferies Group set a $4.00 price objective on Kinross Gold and gave the stock a “hold” rating in a research report on Thursday, October 19th. Finally, Macquarie raised Kinross Gold from a “neutral” rating to an “outperform” rating and lowered their price objective for the stock from $4.40 to $4.37 in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $4.86.
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Kinross Gold Company Profile
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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