Kinross Gold (KGC) Scheduled to Post Quarterly Earnings on Wednesday

Kinross Gold (NYSE:KGCGet Free Report) (TSE:K) is set to issue its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Kinross Gold Price Performance

KGC opened at $5.21 on Tuesday. The company’s 50 day simple moving average is $5.73 and its 200 day simple moving average is $5.31. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.06 and a current ratio of 2.70. Kinross Gold has a 1 year low of $3.40 and a 1 year high of $6.34. The stock has a market capitalization of $6.40 billion, a PE ratio of 26.05, a P/E/G ratio of 0.87 and a beta of 1.16.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KGC. Steward Partners Investment Advisory LLC increased its stake in shares of Kinross Gold by 790.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,450 shares of the mining company’s stock worth $27,000 after buying an additional 3,950 shares during the last quarter. Natixis acquired a new position in shares of Kinross Gold during the fourth quarter valued at $35,000. United Capital Financial Advisers LLC acquired a new position in shares of Kinross Gold during the fourth quarter valued at $43,000. Townsquare Capital LLC acquired a new position in shares of Kinross Gold during the fourth quarter valued at $46,000. Finally, Sei Investments Co. acquired a new position in shares of Kinross Gold during the third quarter valued at $47,000. 49.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KGC has been the topic of several research analyst reports. National Bank Financial reissued an “outperform overweight” rating on shares of Kinross Gold in a research report on Wednesday, January 3rd. TheStreet raised shares of Kinross Gold from a “c+” rating to a “b-” rating in a research report on Thursday, November 30th. Raymond James reduced their price target on shares of Kinross Gold from $6.00 to $5.50 and set a “market perform” rating on the stock in a research report on Tuesday, November 28th. StockNews.com cut shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 6th. Finally, TD Securities lifted their price target on shares of Kinross Gold from $6.50 to $7.00 and gave the company a “buy” rating in a research report on Monday, November 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $6.00.

Get Our Latest Stock Report on KGC

About Kinross Gold

(Get Free Report)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver.

Further Reading

Earnings History for Kinross Gold (NYSE:KGC)

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