Kinross Gold (K) Stock Price Up 6.5%

Kinross Gold Co. (TSE:K) (NYSE:KGC) rose 6.5% on Wednesday . The company traded as high as C$5.35 and last traded at C$5.27. Approximately 2,874,259 shares were traded during trading, a decline of 11% from the average daily volume of 3,212,427 shares. The stock had previously closed at C$4.95.

K has been the topic of a number of recent analyst reports. National Bank Financial lifted their price target on Kinross Gold from C$6.50 to C$7.50 in a report on Friday, January 26th. Eight Capital reiterated a “neutral” rating on shares of Kinross Gold in a research note on Thursday, November 16th. Canaccord Genuity raised their price objective on shares of Kinross Gold from C$9.25 to C$10.50 in a research note on Friday, January 19th. Desjardins reiterated a “sell” rating on shares of Kinross Gold in a research note on Monday, December 11th. Finally, Macquarie raised 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 research note on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$6.59.

The firm has a market capitalization of $6,610.00, a P/E ratio of 48.18 and a beta of -0.18.

ILLEGAL ACTIVITY WARNING: “Kinross Gold (K) Stock Price Up 6.5%” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/14/kinross-gold-k-stock-price-up-6-5.html.

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.

Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply