Kinross Gold Co. (K) Receives Consensus Recommendation of “Buy” from Analysts
Kinross Gold Co. (TSE:K) has earned a consensus rating of “Buy” from the six research firms that are presently covering the firm. One analyst has rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$7.60.
K has been the topic of a number of recent research reports. Royal Bank Of Canada restated an “outperform” rating on shares of Kinross Gold in a research note on Thursday, June 30th. TD Securities upped their price target on Kinross Gold from C$7.00 to C$7.50 and gave the stock a “buy” rating in a research note on Tuesday, July 5th. Canaccord Genuity upped their price target on Kinross Gold from C$7.75 to C$9.75 in a research note on Tuesday, July 12th. Finally, National Bank Financial upped their price target on Kinross Gold from C$7.75 to C$8.25 in a research note on Wednesday, July 13th.
Shares of Kinross Gold (TSE:K) traded up 2.08% on Tuesday, hitting $4.91. The stock had a trading volume of 2,416,315 shares. The stock’s market cap is $6.11 billion. Kinross Gold has a 1-year low of $1.91 and a 1-year high of $7.56. The firm’s 50-day moving average is $5.35 and its 200 day moving average is $6.11.
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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