Kinross Gold (K) to Release Earnings on Wednesday

Kinross Gold (TSE:K) (NYSE:KGC) is scheduled to release its earnings data after the market closes on Wednesday, February 14th. Analysts expect Kinross Gold to post earnings of C$0.05 per share for the quarter.

Kinross Gold (TSE:K) (NYSE:KGC) last issued its earnings results on Wednesday, November 8th. The company reported C$0.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.03 by C$0.06. Kinross Gold had a return on equity of 5.54% and a net margin of 7.26%. The business had revenue of C$1.04 billion during the quarter, compared to analysts’ expectations of C$997.40 million.

Shares of Kinross Gold (TSE K) opened at C$4.99 on Wednesday. The firm has a market capitalization of $6,220.00, a price-to-earnings ratio of 45.36 and a beta of -0.18. Kinross Gold has a 1-year low of C$4.24 and a 1-year high of C$6.29.

Several research firms have recently commented on K. Eight Capital reissued a “neutral” rating on shares of Kinross Gold in a research report on Thursday, November 16th. National Bank Financial boosted their price target on Kinross Gold from C$6.50 to C$7.50 in a research report on Friday, January 26th. Macquarie boosted 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. Canaccord Genuity boosted their price target on Kinross Gold from C$7.75 to C$8.00 in a research report on Friday, October 20th. Finally, Desjardins reissued a “sell” rating on shares of Kinross Gold in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Kinross Gold currently has an average rating of “Buy” and an average target price of C$6.59.

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Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

Earnings History for Kinross Gold (TSE:K)

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