Kinross Gold Co. (K) to Post Q3 2017 Earnings of $0.03 Per Share, National Bank Financial Forecasts
Kinross Gold Co. (TSE:K) (NYSE:KGC) – National Bank Financial issued their Q3 2017 earnings estimates for shares of Kinross Gold in a research report issued to clients and investors on Tuesday. National Bank Financial analyst D. Demarco forecasts that the company will earn $0.03 per share for the quarter. National Bank Financial has a “Sector Perform Market Weight” rating on the stock.
Separately, Canaccord Genuity raised their target price on Kinross Gold from C$7.00 to C$7.75 in a research report on Friday, September 29th. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$5.81.
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Shares of Kinross Gold (K) opened at 5.38 on Friday. The company has a 50-day moving average of $5.50 and a 200-day moving average of $5.35. Kinross Gold has a 12 month low of $3.87 and a 12 month high of $6.29. The firm has a market cap of $6.71 billion and a P/E ratio of 128.10.
In other news, insider Claude J.S. Schimper sold 25,000 shares of the firm’s stock in a transaction 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. Over the last ninety days, insiders have sold 52,259 shares of company stock valued at $273,353.
About Kinross Gold
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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