Zacks Rating on Kinross Gold Corporation (KGC)

Kinross Gold Corporation (KGC) : 12 analysts are covering Kinross Gold Corporation (KGC) and their average rating on the stock is 2.42, 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 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Kinross Gold Corporation (KGC) : Currently there are 11 street experts covering Kinross Gold Corporation (KGC) stock. The most bullish and bearish price target for the stock is $8 and $3 respectively for the short term. The average price target of all the analysts comes to $5.6. The estimated standard deviation from the target is $1.45.


Kinross Gold Corporation is up 8.51% in the last 3-month period. Year-to-Date the stock performance stands at 159.34%. Kinross Gold Corporation (NYSE:KGC): On Tuesdays trading session , Opening price of the stock was $4.85 with an intraday high of $4.87. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.67. However, the stock managed to close at $4.72, a loss of 1.46% for the day. On the previous day, the stock had closed at $4.79. The total traded volume of the day was 20,270,579 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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