Kinross Gold Co. (K) Price Target Raised to C$7.75
Separately, National Bank Financial restated a sector perform market weight rating on shares of Kinross Gold in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Buy and an average price target of C$5.81.
Kinross Gold (K) opened at 5.29 on Friday. The company’s 50-day moving average is $5.50 and its 200 day moving average is $5.23. The stock has a market cap of $6.60 billion and a PE ratio of 125.95. Kinross Gold has a 52 week low of $3.87 and a 52 week high of $6.29.
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In other Kinross Gold news, insider Claude J.S. Schimper sold 18,000 shares of the stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of C$5.27, for a total transaction of C$94,860.00. Insiders sold a total of 47,708 shares of company stock valued at $254,148 over the last 90 days.
About Kinross Gold
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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