Kinross Gold (K) Earns “Sell” Rating from Desjardins
Kinross Gold (TSE:K) (NYSE:KGC)‘s stock had its “sell” rating reissued by Desjardins in a research report issued on Monday.
Several other equities research analysts have also weighed in on K. Canaccord Genuity raised their target price on Kinross Gold from C$7.75 to C$8.00 in a research report on Friday, October 20th. Eight Capital reaffirmed a “neutral” rating on shares of Kinross Gold in a research report on Thursday, November 16th. Finally, Macquarie lifted their price target on Kinross Gold from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Kinross Gold has an average rating of “Buy” and a consensus target price of C$5.99.
Kinross Gold (TSE:K) traded up C$0.01 during mid-day trading on Monday, reaching C$5.00. The company’s stock had a trading volume of 1,201,829 shares, compared to its average volume of 4,072,593. Kinross Gold has a 52 week low of C$3.87 and a 52 week high of C$6.29.
Kinross Gold Company Profile
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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