Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Equities researchers at Desjardins issued their Q4 2017 EPS estimates for Kinross Gold in a report issued on Monday. Desjardins analyst J. Wolfson anticipates that the mining company will post earnings per share of $0.04 for the quarter. Desjardins has a “Sell” rating on the stock. Desjardins also issued estimates for Kinross Gold’s Q1 2018 earnings at $0.02 EPS, Q2 2018 earnings at $0.03 EPS, Q3 2018 earnings at $0.02 EPS, Q4 2018 earnings at $0.03 EPS, Q1 2019 earnings at $0.02 EPS, Q2 2019 earnings at $0.02 EPS and Q3 2019 earnings at $0.02 EPS.

Other research analysts have also issued reports about the stock. BMO Capital Markets reaffirmed a “buy” rating and issued a $5.25 price target on shares of Kinross Gold in a report on Wednesday, September 20th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $5.00 price target on shares of Kinross Gold in a report on Thursday, August 24th. TD Securities set a $6.00 price target on shares of Kinross Gold and gave the company a “buy” rating in a report on Thursday, October 19th. Jefferies Group set a $4.00 price target on shares of Kinross Gold and gave the company a “hold” rating in a report on Thursday, October 19th. Finally, Zacks Investment Research lowered shares of Kinross Gold from a “buy” rating to a “hold” rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $4.88.

Kinross Gold (KGC) traded up $0.01 during midday trading on Thursday, hitting $4.06. 7,709,900 shares of the stock traded hands, compared to its average volume of 10,963,053. Kinross Gold has a 1-year low of $2.88 and a 1-year high of $4.91. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.96 and a quick ratio of 2.18. The firm has a market cap of $5,050.35, a price-to-earnings ratio of 45.00 and a beta of 0.11.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings results on Wednesday, November 8th. The mining company reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. Kinross Gold had a net margin of 3.28% and a return on equity of 2.58%. The business had revenue of $828.00 million during the quarter, compared to analyst estimates of $787.40 million. During the same period in the previous year, the business posted $0.10 EPS. The company’s quarterly revenue was down 9.0% on a year-over-year basis.

A number of institutional investors have recently bought and sold shares of KGC. Campbell & CO Investment Adviser LLC acquired a new position in Kinross Gold during the 3rd quarter valued at about $100,000. Van Hulzen Asset Management LLC acquired a new position in Kinross Gold during the 3rd quarter valued at about $108,000. Sigma Planning Corp acquired a new position in Kinross Gold during the 3rd quarter valued at about $121,000. Raymond James Financial Services Advisors Inc. raised its position in shares of Kinross Gold by 6.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 35,764 shares of the mining company’s stock worth $146,000 after buying an additional 2,116 shares in the last quarter. Finally, GSA Capital Partners LLP raised its position in shares of Kinross Gold by 63.1% during the 2nd quarter. GSA Capital Partners LLP now owns 37,944 shares of the mining company’s stock worth $154,000 after buying an additional 14,674 shares in the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

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Kinross Gold Company Profile

Kinross Gold Corporation is a gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

Earnings History and Estimates for Kinross Gold (NYSE:KGC)

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