Media coverage about Kinross Gold Corporation (NYSE:KGC) (TSE:K) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kinross Gold Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the mining company an impact score of 47.3927803337763 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Technical Indicators can find some great opportunities on Kinross Gold Corporation (KGC) – Wall Street Morning (wallstreetmorning.com)
- Kinross Gold Corporation (KGC) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Trend Analysis: Kinross Gold Corporation (NYSE: KGC) – The Investor Guide (wallstreetnews24.com)
- Kinross Gold Corporation (KGC) In Active Momentum Stocks on Profitability Analysis- TE Connectivity Ltd. (TEL) – Investing News Update (investingbizz.com)
- ETFs with exposure to Kinross Gold Corp. : October 5, 2017 (finance.yahoo.com)
Several brokerages have commented on KGC. BidaskClub downgraded Kinross Gold Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. TD Securities lifted their target price on Kinross Gold Corporation from $5.50 to $6.00 and gave the stock an “action list buy” rating in a report on Thursday, August 3rd. National Bank Financial reaffirmed a “sector perform market weight” rating on shares of Kinross Gold Corporation in a report on Thursday, August 3rd. Berenberg Bank reaffirmed a “hold” rating and set a $4.60 target price on shares of Kinross Gold Corporation in a report on Friday, August 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kinross Gold Corporation in a report on Friday, August 18th. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $5.17.
Kinross Gold Corporation (NYSE:KGC) opened at 4.28 on Friday. Kinross Gold Corporation has a 52-week low of $2.88 and a 52-week high of $4.91. The stock has a 50 day moving average price of $4.43 and a 200 day moving average price of $4.09. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 101.90 and a beta of 0.12.
Kinross Gold Corporation (NYSE:KGC) (TSE:K) last posted its earnings results on Wednesday, August 2nd. The mining company reported $0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.02. The company had revenue of $868.60 million during the quarter, compared to analyst estimates of $825.02 million. Kinross Gold Corporation had a net margin of 1.54% and a return on equity of 3.63%. Kinross Gold Corporation’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the business posted ($0.01) earnings per share. Equities research analysts forecast that Kinross Gold Corporation will post $0.11 earnings per share for the current year.
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About Kinross Gold Corporation
Kinross Gold Corporation is a 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 Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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