Kinross Gold Co. (TSE:K) – Investment analysts at National Bank Financial decreased their Q3 2016 earnings per share (EPS) estimates for Kinross Gold in a research note issued to investors on Wednesday. National Bank Financial analyst S. Parsons now forecasts that the firm will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.04.
Several other analysts have also recently commented on K. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$10.00 price objective on shares of Kinross Gold in a research report on Friday, September 23rd. TD Securities reaffirmed a “buy” rating and set a C$7.50 price objective on shares of Kinross Gold in a research report on Monday, July 25th. Finally, Canaccord Genuity raised their price objective on shares of Kinross Gold from C$7.75 to C$9.75 in a research report on Tuesday, July 12th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$7.60.
Shares of Kinross Gold (TSE:K) traded down 3.43% on Friday, hitting $4.79. 2,190,475 shares of the stock traded hands. The stock’s market cap is $5.96 billion. The stock has a 50-day moving average price of $5.40 and a 200 day moving average price of $6.07. Kinross Gold has a 12-month low of $1.91 and a 12-month high of $7.56.
About Kinross Gold
Kinross Gold Corporation is 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. Its segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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