The stock of Kinross Gold Corporation (USA) (NYSE:KGC) is a huge mover today! About 9.01M shares traded hands. Kinross Gold Corporation (USA) (NYSE:KGC) has risen 16.43% since April 5, 2016 and is uptrending. It has outperformed by 14.47% the S&P500.
The move comes after 6 months positive chart setup for the $4.71B company. It was reported on Nov, 8 by Barchart.com. We have $6.01 PT which if reached, will make NYSE:KGC worth $2.50B more.
Kinross Gold Corporation (USA) (NYSE:KGC) Ratings Coverage
Out of 17 analysts covering Kinross Gold Corporation (NYSE:KGC), 8 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 47% are positive. Kinross Gold Corporation has been the topic of 34 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, February 9 by Credit Suisse. The rating was upgraded by TD Securities on Thursday, March 31 to “Buy”. The rating was downgraded by Canaccord Genuity on Tuesday, May 3 to “Hold”. On Thursday, March 31 the stock rating was upgraded by Raymond James to “Outperform”. The firm has “Equal Weight” rating by Barclays Capital given on Friday, February 12. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) has “Sector Perform” rating given on Tuesday, November 24 by RBC Capital Markets. The rating was upgraded by Macquarie Research on Friday, July 1 to “Neutral”. The firm has “Hold” rating by Deutsche Bank given on Wednesday, July 6. The company was upgraded on Monday, April 11 by RBC Capital Markets. The firm has “Outperform” rating by Credit Suisse given on Thursday, March 31.
According to Zacks Investment Research, “Kinross Gold Corporation is a gold mining company. The Company’s mines are located in the regions of South America, North America, West Africa and Russia. Kinross Gold Corporation is based in Toronto, Canada.”
More important recent Kinross Gold Corporation (USA) (NYSE:KGC) news were published by: Fool.ca which released: “Barrick Gold Corp. or Kinross Gold Corporation: Which Is the Better Buy Right Now?” on October 18, 2016, also Fool.ca published article titled: “Kinross Gold Corporation: Should You Buy the Pullback?”, Fool.ca published: “Should You Buy Cameco Corporation or Kinross Gold Corporation Today?” on September 19, 2016. More interesting news about Kinross Gold Corporation (USA) (NYSE:KGC) was released by: Fool.ca and their article: “Is Kinross Gold Corporation or Goldcorp Inc. Attractive Today?” with publication date: August 15, 2016.
KGC 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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