Kinross Gold Co. (K) to Release Quarterly Earnings on Wednesday
Kinross Gold Co. (TSE:K) (NYSE:KGC) is set to announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of C$0.02 per share for the quarter.
Shares of Kinross Gold Co. (K) opened at C$5.11 on Tuesday. Kinross Gold Co. has a 52 week low of C$3.87 and a 52 week high of C$6.29.
A number of research analysts have recently commented on K shares. National Bank Financial reaffirmed a “sector perform market weight” rating on shares of Kinross Gold in a research note on Thursday, August 3rd. Canaccord Genuity upped their target price on Kinross Gold from C$7.00 to C$7.75 in a research note on Friday, September 29th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of C$5.85.
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In other news, insider Claude J.S. Schimper sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of C$5.59, for a total transaction of C$139,750.00. In the last ninety days, insiders have sold 47,551 shares of company stock worth $253,815.
Kinross Gold Company Profile
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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