Kinross Gold Corporation (KGC) Shares are Down -5.37%

Kinross Gold Corporation (KGC) : During the past 4 weeks, traders have been relatively bearish on Kinross Gold Corporation (KGC), hence the stock is down -1.78% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.34% relative to the S&P 500. The 4-week change in the price of the stock is -1.4% and the stock has fallen -5.37% in the past 1 week.

Kinross Gold Corporation has dropped 0.8% during the last 3-month period . Year-to-Date the stock performance stands at 170.88%. The stock has recorded a 20-day Moving Average of 4.97% and the 50-Day Moving Average is 5.14%.


Kinross Gold Corporation (NYSE:KGC): The stock opened at $4.95 on Friday but the bulls could not build on the opening and the stock topped out at $5.03 for the day. The stock traded down to $4.88 during the day, due to lack of any buying support eventually closed down at $4.93 with a loss of -2.38% for the day. The stock had closed at $5.05 on the previous day. The total traded volume was 15,584,739 shares.

Also, Jefferies upgrades its view on Kinross Gold Corporation (NYSE:KGC) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Underperform. The rating by the firm was issued on July 14, 2016.

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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