Kinross Gold Co. (K) to Post Q4 2017 Earnings of $0.05 Per Share, Cormark Forecasts

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Research analysts at Cormark increased their Q4 2017 earnings per share (EPS) estimates for Kinross Gold in a research report issued on Tuesday. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.05 for the quarter, up from their prior forecast of $0.04.

Several other equities research analysts have also commented on K. Macquarie upped their price target on shares of Kinross Gold from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Monday, November 13th. National Bank Financial upped their price target on shares of Kinross Gold from C$6.50 to C$7.50 in a research report on Friday, January 26th. Canaccord Genuity upped their price target on shares of Kinross Gold from C$7.75 to C$8.00 in a research report on Friday, October 20th. Desjardins reaffirmed a “sell” rating on shares of Kinross Gold in a research report on Monday, December 11th. Finally, Eight Capital reaffirmed a “neutral” rating on shares of Kinross Gold in a research report on Thursday, November 16th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Kinross Gold has a consensus rating of “Buy” and a consensus target price of C$6.59.

Shares of Kinross Gold (K) opened at C$5.36 on Thursday. Kinross Gold has a 52-week low of C$4.24 and a 52-week high of C$6.29. The company has a market cap of $6,680.00, a PE ratio of 48.73 and a beta of -0.18.

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About Kinross Gold

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 and Estimates for Kinross Gold (TSE:K)

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