Kinross Gold Co. (TSE:K) (NYSE:KGC) – Analysts at Raymond James increased their Q3 2019 EPS estimates for Kinross Gold in a research note issued to investors on Monday, July 15th. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.08 per share for the quarter, up from their prior forecast of $0.03. Raymond James also issued estimates for Kinross Gold’s Q4 2019 earnings at $0.07 EPS and FY2019 earnings at $0.26 EPS.
Several other research analysts also recently commented on the company. Canaccord Genuity downgraded ProMetic Life Sciences to a “hold” rating in a report on Tuesday, April 23rd. National Bank Financial downgraded Detour Gold to a “hold” rating in a report on Friday, June 28th.
Shares of K stock opened at C$5.62 on Wednesday. The company has a debt-to-equity ratio of 41.71, a quick ratio of 1.01 and a current ratio of 3.02. The business’s 50-day moving average price is C$4.93. Kinross Gold has a 12-month low of C$3.15 and a 12-month high of C$5.66. The company has a market capitalization of $6.77 billion and a price-to-earnings ratio of -108.08.
Kinross Gold (TSE:K) (NYSE:KGC) last issued its quarterly earnings results on Tuesday, May 7th. The company reported C$0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.02 by C$0.07. The firm had revenue of C$1.05 billion for the quarter, compared to the consensus estimate of C$1.08 billion.
Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the reclamation of gold mining properties; and production and sale of silver.
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