Shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) have earned an average rating of “Buy” from the eight research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$5.71.

A number of research firms recently commented on K. BMO Capital Markets upgraded Kinross Gold from a “market perform” rating to an “outperform” rating and upped their price objective for the company from C$3.75 to C$5.00 in a report on Monday, May 29th. Scotiabank restated a “sector perform” rating and set a C$5.50 price target on shares of Kinross Gold in a research note on Thursday, May 4th. CIBC upgraded Kinross Gold from a “neutral” rating to an “outperform” rating and set a C$4.75 price target on the stock in a research note on Wednesday, May 3rd. Royal Bank Of Canada upped their price target on Kinross Gold to C$6.50 and gave the stock an “outperform” rating in a research note on Tuesday, May 9th. Finally, ValuEngine cut Kinross Gold from a “hold” rating to a “sell” rating in a research note on Thursday, May 11th.

Kinross Gold (K) traded up 0.57% during mid-day trading on Friday, reaching $5.25. The company had a trading volume of 555,010 shares. The firm’s market capitalization is $6.55 billion. The stock’s 50-day moving average price is $5.41 and its 200 day moving average price is $5.05. Kinross Gold has a 52 week low of $3.87 and a 52 week high of $7.23.

In related news, insider Claude J.S. Schimper sold 14,500 shares of the firm’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of C$5.69, for a total value of C$82,505.00. Also, Director John A. Brough sold 13,796 shares of the firm’s stock in a transaction dated Friday, May 5th. The shares were sold at an average price of C$4.98, for a total transaction of C$68,704.08. Insiders have sold 31,146 shares of company stock valued at $168,537 in the last quarter.

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Kinross Gold Company Profile

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.

Analyst Recommendations for Kinross Gold (TSE:K)

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