A number of brokerages recently issued reports on KGC. Citigroup Inc. upgraded shares of Kinross Gold Corporation from a "sell" rating to a "neutral" rating and lifted their price objective for the company from $3.25 to $4.75 in a research note on Friday, September 1st. Geode Capital Management LLC raised its position in shares of Kinross Gold Corporation by 8.1% during the 1st quarter.
Kinross Gold Corporation (KGC) now has P/E (Price to Earnings) ratio of 48.97 while the company's industry has 0.97 P/E and the sector P/E is 21.46. Credit Suisse maintained the shares of KGC in report on Friday, April 28 with "Hold" rating. Previously Kinross Gold Corp (NYSE:KGC) reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.05 with surprise factor of 250%. Kinross Gold Corp (NYSE:KGC) has trailing twelve month Return on Assets of 1.4%, which is key indicator of how profitable a company is relative to its total assets. 2,358,867 shares of the company were exchanged, compared to its average volume of 11,269,513. Loews Corp sold 478,240 shares as Kinross Gold Corp (KGC)'s stock rose 9.54%. They expect $0.04 EPS, up 200.00% or $0.08 from last year's $-0.04 per share. The stock has a market capitalization of $6.33 billion and a price-to-earnings ratio of 120.95.
Kinross Gold Corporation (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Wednesday, November 8th. After $0.07 actual EPS reported by Kinross Gold Corporation (USA) for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.
Consequently Kinross Gold Corp (NYSE:KGC)'s weekly and monthly volatility is 3.48%, 2.89% respectively. The company had revenue of $828.00 million for the quarter, compared to analyst estimates of $787.40 million.
Henry Schein, Inc. (HSIC) Downgraded by Zacks Investment Research to Sell
This repurchase authorization authorizes the company to repurchase up to 6.3% of its shares through open market purchases. The company reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.03.
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For the current quarter, 13 analysts are projecting a mean EPS of $0.04/share. Korea Investment CORP boosted its stake in Kinross Gold Corporation by 1.9% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 1,606,472 shares of the mining company's stock valued at $6,537,000 after purchasing an additional 826,693 shares during the period. Advisor Group Inc. purchased a new position in Kinross Gold Corp. during the second quarter worth approximately $300,000. Wells Fargo & Company MN now owns 91,788 shares of the mining company's stock worth $322,000 after acquiring an additional 12,016 shares during the period.
Kinross Gold Corporation is a gold mining company. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in KGC's price. Yearly performance of the stock shows a bullish trend of 32.92% while year-to-date (YTD) performance reflected 38.91% positive outlook. Finally, AMF Pensionsforsakring AB purchased a new position in Kinross Gold Corp. during the second quarter worth approximately $689,000. Considering that the stock daily volume of 12.57 million shares, this represents a pretty noteworthy trading in volume size.
Kinross Gold Corporation is a gold mining company. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. The Company's segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.