Brokerage Firm Rating on Kinross Gold Corporation (KGC)

Kinross Gold Corporation (KGC) : 13 analysts are covering Kinross Gold Corporation (KGC) and their average rating on the stock is 2.46, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Kinross Gold Corporation (KGC) also receives 3 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Kinross Gold Corporation (KGC) : The most positive equity analysts on Kinross Gold Corporation (KGC) expects the shares to touch $8, whereas, the least positive believes that the stock will trade at $3 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $5.6 with an expected fluctuation of $1.45 from the mean.


Company shares have received an average consensus rating of Hold for the current week Kinross Gold Corporation (NYSE:KGC): The stock opened at $5.44 on Thursday but the bulls could not build on the opening and the stock topped out at $5.51 for the day. The stock traded down to $5.26 during the day, due to lack of any buying support eventually closed down at $5.28 with a loss of -2.40% for the day. The stock had closed at $5.41 on the previous day. The total traded volume was 16,865,938 shares.

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

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