Notable Mover: Kinross Gold Corporation (USA) Can’t Be More Risky. Trades Sigfnicicantly Lower

Notable Mover: Kinross Gold Corporation (USA) Can't Be More Risky. Trades Sigfnicicantly Lower

The stock of Kinross Gold Corporation (USA) (NYSE:KGC) is a huge mover today! About 16.33 million shares traded hands or 4.88% up from the average. Kinross Gold Corporation (USA) (NYSE:KGC) has risen 1.79% since April 8, 2016 and is uptrending. It has underperformed by 3.86% the S&P500.
The move comes after 6 months negative chart setup for the $4.49B company. It was reported on Nov, 10 by We have $3.28 PT which if reached, will make NYSE:KGC worth $359.20M less.

Kinross Gold Corporation (USA) (NYSE:KGC) Ratings Coverage

Out of 17 analysts covering Kinross Gold Corporation (NYSE:KGC), 8 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 47% are positive. Kinross Gold Corporation has been the topic of 34 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Buy” rating by TD Securities on Thursday, March 31. Canaccord Genuity upgraded Kinross Gold Corporation (USA) (NYSE:KGC) on Thursday, May 26 to “Buy” rating. The firm earned “Hold” rating on Tuesday, May 3 by Canaccord Genuity. The company was upgraded on Monday, February 8 by BMO Capital Markets. The firm has “Buy” rating given on Friday, March 11 by Bank of America. Macquarie Research upgraded the stock to “Neutral” rating in Friday, July 1 report. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Mkt Perform” rating by Raymond James on Wednesday, November 18. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Sector Perform” rating by IBC on Friday, July 24. As per Monday, October 5, the company rating was maintained by Deutsche Bank. BMO Capital Markets maintained Kinross Gold Corporation (USA) (NYSE:KGC) on Monday, March 7 with “Outperform” rating.

According to Zacks Investment Research, “Kinross Gold Corporation is a gold mining company. The Company’s mines are located in the regions of South America, North America, West Africa and Russia. Kinross Gold Corporation is based in Toronto, Canada.”

More recent Kinross Gold Corporation (USA) (NYSE:KGC) news were published by: which released: “Barrick Gold Corp. or Kinross Gold Corporation: Which Is the Better Buy Right Now?” on October 18, 2016. Also published the news titled: “Kinross Gold Corporation: Should You Buy the Pullback?” on July 21, 2016.‘s news article titled: “Is Kinross Gold Corporation or Goldcorp Inc. Attractive Today?” with publication date: August 15, 2016 was also an interesting one.

KGC Company Profile

Kinross Gold Corporation is gold mining company. The Firm 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 divisions include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. The Company’s gold production and exploration activities are carried out in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. The Firm produces gold in the form of dore, which is shipped to refineries for final processing. The Firm also produces and sells silver.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Leave a Comment