Kinross Gold (KGC) Receives Coverage Optimism Score of 0.04
Headlines about Kinross Gold (NYSE:KGC) (TSE:K) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kinross Gold earned a news impact score of 0.04 on Accern’s scale. Accern also assigned news articles about the mining company an impact score of 47.1317836423946 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- FY2020 EPS Estimates for Kinross Gold Co. (KGC) Raised by Analyst (americanbankingnews.com)
- Kinross Gold Co. (KGC) Expected to Announce Earnings of $0.04 Per Share (americanbankingnews.com)
- Some hot names on Wall Street: Delta Air Lines, Inc. (DAL), Kinross Gold Corporation (KGC) – Market Movers (financialqz.com)
- Hot Stock under Consideration: Kinross Gold Corporation (NYSE: KGC) – Alpha Beta Stock (alphabetastock.com)
- Rocking Stock- Kinross Gold Corporation (NYSE:KGC) – The Stock Street (press release) (thestreetpoint.com)
A number of research firms have weighed in on KGC. BMO Capital Markets restated a “buy” rating and issued a $5.25 target price on shares of Kinross Gold in a research report on Wednesday, September 20th. Macquarie upgraded Kinross Gold from a “neutral” rating to an “outperform” rating and cut their target price for the stock from $4.40 to $4.37 in a research report on Friday, November 10th. Jefferies Group restated a “hold” rating and issued a $3.75 target price on shares of Kinross Gold in a research report on Thursday, September 21st. TD Securities set a $6.00 target price on Kinross Gold and gave the stock a “buy” rating in a research report on Thursday, October 19th. Finally, Zacks Investment Research downgraded Kinross Gold from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $4.86.
Shares of Kinross Gold (NYSE:KGC) traded down $0.11 during trading hours on Monday, hitting $4.34. The stock had a trading volume of 8,440,800 shares, compared to its average volume of 8,981,600. Kinross Gold has a one year low of $3.15 and a one year high of $4.91. The firm has a market cap of $5,400.00, a P/E ratio of 48.22 and a beta of 0.11. 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 (NYSE:KGC) (TSE:K) last announced its quarterly earnings data on Wednesday, November 8th. The mining company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Kinross Gold had a return on equity of 2.58% and a net margin of 3.28%. The company had revenue of $828.00 million during the quarter, compared to the consensus estimate of $787.40 million. During the same quarter in the prior year, the firm earned $0.10 EPS. The company’s quarterly revenue was down 9.0% compared to the same quarter last year. research analysts expect that Kinross Gold will post 0.14 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This story was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/kinross-gold-kgc-receives-coverage-optimism-score-of-0-04/1798994.html.
About Kinross Gold
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.
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 Analyst Ratings Network's FREE daily email newsletter.