Favorable Media Coverage Somewhat Unlikely to Affect Kinross Gold Corporation (KGC) Share Price
Headlines about Kinross Gold Corporation (NYSE:KGC) (TSE:K) have been trending positive on Tuesday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kinross Gold Corporation earned a daily sentiment score of 0.33 on Accern’s scale. Accern also gave press coverage about the mining company an impact score of 49.0544922116228 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Kinross Gold Corporation (KGC) Attaining Market Attention on Technical Facts- Skyworks Solutions, Inc. (SWKS) – Investing News Update (investingbizz.com)
- To follow track the record of Stock – Kinross Gold Corporation (KGC) – Wall Street Morning (wallstreetmorning.com)
- Latest figures makes these Stock Even More Attractive: Kinross Gold Corporation, (NYSE: KGC), Monsanto Company … – Stocks In The News (press release) (tradingnewsnow.com)
- Lookout for Price Target? Kinross Gold Corporation (NYSE:KGC), IAC/InterActiveCorp (NASDAQ:IAC), Monsanto … – Market Breaking Point (press release) (journalfinance.net)
- Fluctuating Stocks: Kinross Gold Corporation (NYSE:KGC), Urban Outfitters, Inc. (NASDAQ:URBN), Abercrombie … – The Stock Street (press release) (thestreetpoint.com)
KGC has been the topic of a number of research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kinross Gold Corporation in a research report on Thursday, September 7th. Citigroup Inc. raised Kinross Gold Corporation from a “sell” rating to a “neutral” rating and lifted their target price for the company from $3.25 to $4.75 in a research report on Friday, September 1st. ValuEngine raised Kinross Gold Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. BMO Capital Markets reissued a “buy” rating and issued a $5.25 target price on shares of Kinross Gold Corporation in a research report on Wednesday, September 20th. Finally, BidaskClub raised Kinross Gold Corporation from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $4.88.
Shares of Kinross Gold Corporation (KGC) traded up $0.02 during midday trading on Tuesday, hitting $4.32. The stock had a trading volume of 5,642,700 shares, compared to its average volume of 11,269,513. The company has a market cap of $5,362.10, a P/E ratio of 47.78 and a beta of 0.09. Kinross Gold Corporation has a one year low of $2.88 and a one 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.
Kinross Gold Corporation (NYSE:KGC) (TSE:K) last released its quarterly earnings results on Wednesday, November 8th. The mining company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. The business had revenue of $828.00 million during the quarter, compared to the consensus estimate of $787.40 million. Kinross Gold Corporation had a return on equity of 2.58% and a net margin of 3.28%. The firm’s quarterly revenue was down 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS. equities analysts predict that Kinross Gold Corporation will post 0.13 EPS for the current fiscal year.
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Kinross Gold Corporation 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.
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