Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stock analysts at Desjardins increased their Q4 2017 earnings estimates for Kinross Gold in a research report issued to clients and investors on Friday. Desjardins analyst J. Wolfson now anticipates that the company will post earnings per share of $0.06 for the quarter, up from their previous estimate of $0.05. Desjardins currently has a “Sell” rating on the stock. Desjardins also issued estimates for Kinross Gold’s Q1 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.14 EPS, Q1 2019 earnings at $0.04 EPS, Q2 2019 earnings at $0.05 EPS and Q3 2019 earnings at $0.04 EPS.
Kinross Gold (TSE:K) (NYSE:KGC) last released its quarterly earnings data on Wednesday, November 8th. The company reported C$0.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.03 by C$0.06. Kinross Gold had a net margin of 7.26% and a return on equity of 5.54%.
A number of other equities analysts also recently commented on K. Canaccord Genuity boosted their target price on shares of Kinross Gold from C$7.00 to C$7.75 in a report on Friday, September 29th. Eight Capital reiterated a “neutral” rating on shares of Kinross Gold in a report on Thursday, November 16th. Finally, Macquarie boosted their target price on shares of Kinross Gold from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of C$6.11.
Shares of Kinross Gold (TSE:K) opened at C$5.80 on Monday. Kinross Gold has a one year low of C$4.24 and a one year high of C$6.29. The firm has a market cap of $7,230.00, a PE ratio of 52.73 and a beta of -0.30.
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Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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