Kinross Gold Co. Expected to Post FY2016 Earnings of ($0.01) Per Share (K)
Kinross Gold Co. (TSE:K) – Investment analysts at National Bank Financial decreased their FY2016 earnings per share (EPS) estimates for Kinross Gold in a report released on Wednesday. National Bank Financial analyst S. Parsons now anticipates that the brokerage will post earnings per share of ($0.01) for the year, down from their prior forecast of $0.12. National Bank Financial also issued estimates for Kinross Gold’s FY2017 earnings at $0.16 EPS.
Several other equities analysts also recently issued reports on K. Royal Bank Of Canada reissued an “outperform” rating and set a C$10.00 price target on shares of Kinross Gold in a report on Friday, September 23rd. TD Securities reissued a “buy” rating and set a C$7.50 price target on shares of Kinross Gold in a report on Monday, July 25th. Finally, Canaccord Genuity boosted their price target on shares of Kinross Gold from C$7.75 to C$9.75 in a report on Tuesday, July 12th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. Kinross Gold currently has an average rating of “Buy” and an average price target of C$7.60.
Shares of Kinross Gold (TSE:K) opened at 4.74 on Monday. The firm’s market capitalization is $5.90 billion. The company has a 50-day moving average of $5.37 and a 200-day moving average of $6.08. Kinross Gold has a 52 week low of $1.91 and a 52 week high of $7.56.
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Kinross Gold Company Profile
Kinross Gold Corporation is 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. Its segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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