Kinross Gold Corporation Has Another Very Weak Trading Session

 Kinross Gold Corporation Has Another Very Weak Trading Session

The stock of Kinross Gold Corporation (TSE:K) is a huge mover today! About 814,497 shares traded hands. Kinross Gold Corporation (TSE:K) has declined 22.79% since April 25, 2016 and is downtrending. It has underperformed by 28.05% the S&P500.
The move comes after 7 months negative chart setup for the $5.84 billion company. It was reported on Nov, 29 by Barchart.com. We have $4.17 PT which if reached, will make TSE:K worth $350.40 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 78.38% above today’s ($4.44) stock price. Kinross Gold Corporation has been the topic of 13 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The stock of Kinross Gold Corporation (TSE:K) earned “Outperform” rating by RBC Capital Markets on Friday, September 23. The company was upgraded on Tuesday, November 24 by RBC Capital Markets. On Thursday, February 4 the stock rating was initiated by JP Morgan with “Neutral”. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 26. The rating was maintained by Scotia Capital on Thursday, November 3 with “Sector Perform”.

Kinross Gold Corporation is gold mining company. The company has a market cap of $5.84 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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