Kinross Gold’s (K) “Neutral” Rating Reiterated at Eight Capital

Eight Capital reissued their neutral rating on shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) in a research report sent to investors on Thursday morning.

Other research analysts have also recently issued reports about the company. Canaccord Genuity boosted their target price on Kinross Gold from C$7.75 to C$8.00 in a research note on Friday, October 20th. Macquarie boosted their target price on Kinross Gold from C$6.00 to C$7.00 and gave the company an outperform rating in a research note on Monday, November 13th. Finally, National Bank Financial reissued a sector perform market weight rating on shares of Kinross Gold in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Kinross Gold has an average rating of Buy and an average target price of C$5.99.

Kinross Gold (K) traded up C$0.07 during trading hours on Thursday, reaching C$5.53. The company’s stock had a trading volume of 1,839,600 shares, compared to its average volume of 4,202,632. Kinross Gold has a 1 year low of C$3.87 and a 1 year high of C$6.29.

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In other news, insider Claude J.S. Schimper sold 18,000 shares of the company’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of C$5.27, for a total transaction of C$94,860.00.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

Analyst Recommendations for Kinross Gold (TSE:K)

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