Kinross Gold (K) Given “Sell” Rating at Desjardins
Kinross Gold (TSE:K) (NYSE:KGC)‘s stock had its “sell” rating reaffirmed by investment analysts at Desjardins in a report released on Monday.
A number of other equities analysts have also issued reports on the stock. Macquarie boosted their target price on shares of 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 target price on shares of Kinross Gold from C$7.00 to C$7.75 in a research report on Friday, September 29th. Finally, Eight Capital reaffirmed a “neutral” rating on shares of Kinross Gold in a research report on Thursday, November 16th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$5.99.
Kinross Gold (TSE:K) traded up C$0.01 during trading hours on Monday, hitting C$5.00. 1,201,829 shares of the stock were exchanged, compared to its average volume of 4,072,593. Kinross Gold has a 12 month low of C$3.87 and a 12 month high of C$6.29.
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.
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