Kinross Gold (TSE:K) PT Raised to C$10.00

Kinross Gold (TSE:K – Get Rating) (NYSE:KGC) had its price objective boosted by equities researchers at National Bankshares from C$9.75 to C$10.00 in a report released on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 44.93% from the company’s current price.

Separately, Cormark cut their price target on shares of Kinross Gold from C$6.75 to C$6.00 in a research report on Friday, February 17th.

Get Kinross Gold alerts:

Kinross Gold Stock Performance

TSE:K opened at C$6.90 on Wednesday. The company has a current ratio of 2.46, a quick ratio of 1.11 and a debt-to-equity ratio of 44.89. Kinross Gold has a 1 year low of C$3.92 and a 1 year high of C$7.47. The firm’s fifty day simple moving average is C$6.58 and its 200 day simple moving average is C$5.96. The firm has a market capitalization of C$8.49 billion, a PE ratio of 230.00, a PEG ratio of -0.60 and a beta of 0.97.

Kinross Gold (TSE:K – Get Rating) (NYSE:KGC) last announced its quarterly earnings data on Wednesday, February 15th. The company reported C$0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.10 by C$0.02. The business had revenue of C$1.46 billion during the quarter, compared to analyst estimates of C$1.30 billion. On average, sell-side analysts anticipate that Kinross Gold will post 0.3432122 EPS for the current year.

Insider Buying and Selling at Kinross Gold

In other news, Senior Officer Nathan M. Longenecker sold 89,912 shares of the firm’s stock in a transaction on Wednesday, February 22nd. The stock was sold at an average price of C$3.70, for a total value of C$332,701.37. Corporate insiders own 0.27% of the company’s stock.

About Kinross Gold

(Get Rating)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver.

Featured Articles

• It’s Time To Take Another Bite Of Take-Two Interactive 
• Zoetis Declares New Dividend, Hinting At Undervaluation
• Good News For Walmart Isn’t So Great For Everybody Else
• Eagle Materials, Answering America’s Building Supply Needs
• Pharma Giants Novartis, Lilly, Merck, and Novo Outperform Market

Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.