What’s Kinross Gold Corporation Upside After Today’s Huge Increase?

 What's Kinross Gold Corporation Upside After Today's Huge Increase?

The stock of Kinross Gold Corporation (TSE:K) is a huge mover today! About 844,165 shares traded hands. Kinross Gold Corporation (TSE:K) has risen 21.41% since April 1, 2016 and is uptrending. It has outperformed by 19.46% the S&P500.
The move comes after 9 months positive chart setup for the $6.39 billion company. It was reported on Nov, 8 by Barchart.com. We have $7.06 PT which if reached, will make TSE:K worth $2.04B more.

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 48.04% above today’s ($5.35) stock price. Kinross Gold Corporation has been the topic of 13 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, November 3 by Scotia Capital. On Thursday, February 4 the stock rating was initiated by JP Morgan with “Neutral”. The stock of Kinross Gold Corporation (TSE:K) has “Sector Perform” rating given on Tuesday, November 24 by RBC Capital Markets. On Friday, August 26 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm earned “Outperform” rating on Friday, September 23 by RBC Capital Markets.

Another recent and important Kinross Gold Corporation (TSE:K) news was published by Fool.ca which published an article titled: “Barrick Gold Corp. or Kinross Gold Corporation: Which Is the Better Buy Right Now?” on October 18, 2016.

Kinross Gold Corporation is gold mining company. The company has a market cap of $6.39 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment