Analysts Set Kinross Gold Co. (K) Price Target at $5.67
Kinross Gold Co. (TSE:K) (NYSE:KGC) has been assigned a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$5.67.
Several research firms have issued reports on K. Barclays reaffirmed an “overweight” rating and issued a C$4.00 price target on shares of Kinross Gold in a report on Wednesday, October 10th. Canaccord Genuity cut their price target on shares of Kinross Gold from C$7.50 to C$6.50 in a report on Thursday, October 18th. Finally, Beacon Securities reaffirmed a “buy” rating on shares of Kinross Gold in a report on Monday, November 19th.
K stock traded up C$0.06 during trading on Monday, hitting C$3.78. 2,723,805 shares of the company’s stock traded hands, compared to its average volume of 2,947,911. The company has a debt-to-equity ratio of 37.89, a current ratio of 3.07 and a quick ratio of 1.10. Kinross Gold has a 1 year low of C$3.15 and a 1 year high of C$5.90.
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.
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.