Headlines about Kinross Gold (NYSE:KGC) (TSE:K) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news 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 daily sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the mining company an impact score of 47.3527647534549 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Kinross Gold opened at $3.59 on Wednesday, according to MarketBeat Ratings. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.13 and a current ratio of 4.13. Kinross Gold has a 1-year low of $3.48 and a 1-year high of $4.91. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 25.64 and a beta of 0.37.
Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings results on Tuesday, May 8th. The mining company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.05. Kinross Gold had a net margin of 12.25% and a return on equity of 6.20%. The business had revenue of $897.20 million for the quarter, compared to the consensus estimate of $823.77 million. During the same period last year, the firm earned $0.02 earnings per share. The company’s quarterly revenue was up 12.7% on a year-over-year basis. equities analysts anticipate that Kinross Gold will post 0.22 EPS for the current year.
Several equities research analysts recently issued reports on the stock. BMO Capital Markets cut shares of Kinross Gold from an “outperform” rating to a “market perform” rating and set a $4.00 target price on the stock. in a report on Monday, April 9th. Royal Bank of Canada dropped their target price on shares of Kinross Gold from $5.50 to $5.00 and set an “outperform” rating on the stock in a report on Monday, March 12th. Scotiabank dropped their target price on shares of Kinross Gold from $5.00 to $4.75 and set a “sector perform” rating on the stock in a report on Thursday, May 10th. Deutsche Bank raised their target price on shares of Kinross Gold from $4.00 to $4.20 and gave the stock a “hold” rating in a report on Wednesday, April 11th. Finally, ValuEngine downgraded shares of Kinross Gold from a “hold” rating to a “sell” rating in a research report on Thursday, May 17th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Kinross Gold currently has a consensus rating of “Hold” and a consensus price target of $4.74.
Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, and processing of gold-containing ore. It also engages in the reclamation of gold mining properties; and production and sale of silver. The company's gold production and exploration activities are carried out principally in Canada, the United States, Russia, Brazil, Chile, Ghana, and Mauritania.
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