Kinross Gold Co. (K) Given New C$7.75 Price Target at Canaccord Genuity
Separately, National Bank Financial reaffirmed a sector perform market weight rating on shares of Kinross Gold in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of C$5.81.
Kinross Gold (TSE:K) traded down 0.75% during mid-day trading on Friday, reaching $5.29. The company’s stock had a trading volume of 1,861,939 shares. The company’s 50-day moving average price is $5.50 and its 200 day moving average price is $5.23. Kinross Gold has a 52 week low of $3.87 and a 52 week high of $6.29. The firm has a market capitalization of $6.60 billion and a price-to-earnings ratio of 125.95.
In other Kinross Gold news, insider Claude J.S. Schimper sold 18,000 shares of the stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of C$5.27, for a total transaction of C$94,860.00. Insiders have sold 47,708 shares of company stock worth $254,148 in the last three months.
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.
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.