Kinross Gold Co. (K) Receives Consensus Recommendation of “Buy” from Analysts
Kinross Gold Co. (TSE:K) has been given an average recommendation of “Buy” by the six ratings firms that are currently covering the firm. One equities research analyst has rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$7.60.
K has been the topic of a number of research analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Kinross Gold in a research note on Thursday, June 30th. TD Securities raised their price objective on Kinross Gold from C$7.00 to C$7.50 and gave the stock a “buy” rating in a report on Tuesday, July 5th. Canaccord Genuity raised their price objective on Kinross Gold from C$7.75 to C$9.75 in a report on Tuesday, July 12th. Finally, National Bank Financial raised their price objective on Kinross Gold from C$7.75 to C$8.25 in a report on Wednesday, July 13th.
Shares of Kinross Gold (TSE:K) traded up 2.08% during trading on Tuesday, hitting $4.91. The stock had a trading volume of 2,416,315 shares. The stock’s 50-day moving average price is $5.35 and its 200-day moving average price is $6.11. Kinross Gold has a one year low of $1.91 and a one year high of $7.56. The company’s market cap is $6.11 billion.
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.
Receive News & Stock Ratings for Kinross Gold Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold Co. and related stocks with our FREE daily email newsletter.