Is Kinross Gold Corporation’s Fuel Running Low? The Stock Just Declined Again


The stock of Kinross Gold Corporation (TSE:K) is a huge mover today! About 4.29 million shares traded hands. Kinross Gold Corporation (TSE:K) has risen 73.21% since February 5, 2016 and is uptrending. It has outperformed by 56.72% the S&P500.
The move comes after 6 months negative chart setup for the $6.75 billion company. It was reported on Sep, 13 by We have $4.80 PT which if reached, will make TSE:K worth $607.50 million less.

Out of 3 analysts covering Kinross Gold Corporation (TSE:K), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Kinross Gold Corporation has been the topic of 7 analyst reports since November 20, 2015 according to StockzIntelligence Inc.

Kinross Gold Corporation is gold mining company. The company has a market cap of $6.75 billion. The Firm 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. It currently has negative earnings. The Company’s divisions include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

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