Thursday, 17 October 2019
Latest news
Main » What Analysts say About Kinross Gold Corp (NYSE:KGC)?

What Analysts say About Kinross Gold Corp (NYSE:KGC)?

07 June 2017

Currently Kinross Gold Corp (NYSE:KGC)'s shares owned by insiders are 0%, whereas shares owned by institutional owners are 69.9%. (NYSE:KGC) (TSE:K) by 62.3% during the first quarter, according to its most recent filing with the SEC. DORCHESTER WEALTH MANAGEMENT Co now owns 193,250 shares of the mining company's stock valued at $681,000 after buying an additional 600 shares during the last quarter. Capstone Asset Management Co. increased its position in shares of Kinross Gold by 3.1% in the first quarter. Cipher Capital LP's holdings in Kinross Gold were worth $471,000 at the end of the most recent reporting period. Dynamic Capital Management Ltd increased its stake in shares of Kinross Gold by 19.1% in the third quarter. Creative Planning boosted its position in shares of Kinross Gold by 42.7% in the first quarter. Creative Planning now owns 38,921 shares of the mining company's stock worth $137,000 after buying an additional 11,643 shares during the last quarter. Sciencast Management LP purchased a new stake in Kinross Gold during the fourth quarter valued at approximately $162,000. ING Groep NV bought a new position in shares of Kinross Gold during the fourth quarter valued at approximately $227,000. Credit Suisse maintained Kinross Gold Corporation (USA) (NYSE:KGC) on Thursday, March 31 with "Outperform" rating.

Kinross Gold Corp (NYSE:KGC) 52-week high price stands at $5.81 and low price stands at $2.88, its price distance from 52-week high is -25.82% while its distance from 52-week low price is 49.65%. 8,686,994 shares of the company's stock traded hands. Shares price moved up from its 50 days moving average with 11.20% and remote positively from 200 days moving average with 13.13%.

Market Capitalization can be thought of as the overall price to buy the company.

More news: Trump says 'Germans are very bad': Spiegel

Kinross Gold (NYSE:KGC) last posted its quarterly earnings data on Tuesday, May 2nd. The mining company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01.

MoSys, Inc. (MOSY) revenue totaled $1.67 million up 21.9% from the previous quarter. Kinross Gold's revenue for the quarter was up 1.7% on a year-over-year basis.

Research analysts at National Bank Financial issued their Q2 2017 EPS estimates for shares of Kinross Gold in a note issued to investors on Sunday.

More news: Mauritania breaks diplomatic ties with Qatar

COPYRIGHT VIOLATION NOTICE: This article was originally published by Markets Daily and is the property of of Markets Daily. If you are viewing this story on another website, it was illegally copied and reposted in violation of United States & worldwide trademark & copyright legislation. The legal version of this news story can be viewed at https://www.com-unik.info/2017/06/06/valuengine-downgrades-kinross-gold-co-k-to-sell-updated-updated.html.

The expected KGC's profit could reach $12.29M giving the stock 106.00 P/E in the case that $0.01 earnings per share is reported. ValuEngine cut shares of Kinross Gold from a "hold" rating to a "sell" rating in a research note on Thursday, May 11th. Zacks Investment Research downgraded Kinross Gold from a "hold" rating to a "sell" rating in a research note on Tuesday, April 18th. Scotiabank reissued a "sector perform" rating and set a C$4.00 price target on shares of Kinross Gold in a research note on Friday, May 5th. Finally, TD Securities upgraded Kinross Gold from a "buy" rating to an "action list buy" rating and set a $5.50 price target on the stock in a research note on Wednesday, May 10th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock.

While looking at the Stock's Performance, Kinross Gold Corporation now shows a Weekly Performance of 0.47%, where Monthly Performance is 17.78%, Quarterly performance is 28.1%, 6 Months performance is 28.1% and yearly performance percentage is -14.69%.

More news: Trump Believes Climate Change Is Real, Aide Says