Kinross Gold Corporation’s Trend Down, Especially After Today’s Weak Session

 Kinross Gold Corporation's Trend Down, Especially After Today's Weak Session

The stock of Kinross Gold Corporation (TSE:K) is a huge mover today! About 1.99 million shares traded hands. Kinross Gold Corporation (TSE:K) has risen 27.54% since March 31, 2016 and is uptrending. It has outperformed by 26.45% the S&P500.
The move comes after 9 months negative chart setup for the $6.74B company. It was reported on Nov, 4 by Barchart.com. We have $5.14 PT which if reached, will make TSE:K worth $471.80 million less.

Kinross Gold Corporation (TSE:K) Ratings Coverage

Out of 5 analysts covering Kinross Gold Corporation (TSE:K), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $10 is the highest target while $2.25 is the lowest. The $7.92 average target is 43.22% above today’s ($5.53) stock price. Kinross Gold Corporation has been the topic of 13 analyst reports since September 1, 2015 according to StockzIntelligence Inc. As per Thursday, November 3, the company rating was maintained by Scotia Capital. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 26. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, September 23. The stock has “Sector Perform” rating given by RBC Capital Markets on Tuesday, November 24. On Thursday, February 4 the stock rating was initiated by JP Morgan with “Neutral”.

More news for Kinross Gold Corporation (TSE:K) were recently published by: Seekingalpha.com, which released: “Kinross Gold: Avoid” on November 03, 2016. Fool.ca‘s article titled: “Barrick Gold Corp. or Kinross Gold Corporation: Which Is the Better Buy Right Now?” and published on October 18, 2016 is yet another important article.

Kinross Gold Corporation is gold mining company. The company has a market cap of $6.74 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.

K.TO Company Profile

Kinross Gold Corporation is gold mining company. 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. The Company’s divisions include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. The Company’s gold production and exploration activities are carried out in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. The Firm produces gold in the form of dore, which is shipped to refineries for final processing. The Firm also produces and sells silver.

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