Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities researchers at National Bank Financial lifted their FY2018 EPS estimates for Kinross Gold in a report released on Thursday. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $0.24 per share for the year, up from their prior estimate of $0.16.
K has been the subject of a number of other reports. Eight Capital reiterated a “neutral” rating on shares of Kinross Gold in a report on Thursday, November 16th. Desjardins restated a “sell” rating on shares of Kinross Gold in a report on Monday, December 11th. Macquarie raised 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, November 13th. Finally, Canaccord Genuity raised their target price on Kinross Gold from C$9.25 to C$10.50 in a report on Friday, January 19th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of C$6.59.
Kinross Gold (TSE:K) traded up C$0.01 during midday trading on Monday, hitting C$4.96. The stock had a trading volume of 677,581 shares, compared to its average volume of 3,541,191. The stock has a market cap of $6,170.00, a PE ratio of 11.25 and a beta of -0.18. Kinross Gold has a fifty-two week low of C$4.24 and a fifty-two week high of C$6.29.
In other news, insider Paul Botond Stilicho Tomory sold 37,288 shares of Kinross Gold stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of C$4.93, for a total value of C$183,829.84. Also, insider Michel Sylvestre sold 10,385 shares of Kinross Gold stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of C$5.36, for a total value of C$55,663.60. Insiders have sold a total of 47,686 shares of company stock valued at $239,558 over the last 90 days.
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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 company's 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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