Kinross Gold Co. (K) Expected to Post Q4 2017 Earnings of $0.05 Per Share
Kinross Gold Co. (TSE:K) (NYSE:KGC) – Investment analysts at Desjardins issued their Q4 2017 EPS estimates for Kinross Gold in a report released on Monday. Desjardins analyst J. Wolfson expects that the company will earn $0.05 per share for the quarter. Desjardins currently has a “Sell” rating on the stock. Desjardins also issued estimates for Kinross Gold’s Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.04 EPS, Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.03 EPS and Q3 2019 earnings at $0.03 EPS.
Other analysts also recently issued research reports about the company. Eight Capital reissued a “neutral” rating on shares of Kinross Gold in a research note on Thursday, November 16th. Canaccord Genuity lifted their price target on Kinross Gold from C$7.75 to C$8.00 in a research note on Friday, October 20th. Finally, Macquarie lifted their price target on Kinross Gold from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research note on Monday, November 13th. 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 issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of C$5.99.
In other news, insider Claude J.S. Schimper sold 18,000 shares of Kinross Gold 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 value of C$94,860.00.
About Kinross Gold
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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