Kinross Gold (TSE:K) (NYSE:KGC) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of C$0.02 per share for the quarter.
Shares of K stock opened at C$3.59 on Tuesday. Kinross Gold has a twelve month low of C$3.37 and a twelve month high of C$5.90.
K has been the topic of several recent research reports. National Bank Financial cut their target price on Kinross Gold from C$6.50 to C$6.25 in a report on Saturday, July 14th. Canaccord Genuity cut their target price on Kinross Gold from C$9.00 to C$8.00 in a report on Tuesday, July 24th. Finally, Barclays reaffirmed an “overweight” rating and set a C$4.00 target price on shares of Kinross Gold in a report on Wednesday, October 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of C$6.00.
In other Kinross Gold news, insider Claude J.S. Schimper sold 14,535 shares of Kinross Gold stock in a transaction dated Wednesday, August 8th. The stock was sold at an average price of C$4.30, for a total transaction of C$62,500.50.
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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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