NYSE:KGCKinross Gold Stock Price, Forecast & News

Kinross Gold's stock was trading at $4.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KGC stock has increased by 95.6% and is now trading at $9.41.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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Kinross Gold Co. (NYSE:KGC) posted its quarterly earnings results on Wednesday, July, 29th. The mining company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.02. The mining company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. Kinross Gold had a net margin of 23.96% and a return on equity of 11.03%. The company's revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.06 EPS.
View Kinross Gold's earnings history.

10 brokerages have issued 1-year price objectives for Kinross Gold's stock. Their forecasts range from $5.00 to $12.00. On average, they anticipate Kinross Gold's stock price to reach $9.05 in the next twelve months. This suggests that the stock has a possible downside of 3.8%.
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Media coverage about KGC stock has trended very negative on Sunday, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kinross Gold earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned news headlines about the mining company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Kinross Gold.

Kinross Gold saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 16,780,000 shares, a drop of 21.0% from the July 15th total of 21,250,000 shares. Based on an average daily volume of 18,000,000 shares, the short-interest ratio is presently 0.9 days. Approximately 1.3% of the company's shares are short sold.
View Kinross Gold's Short Interest.

Some companies that are related to Kinross Gold include Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG), Iamgold (IAG), Eldorado Gold (EGO) and Coeur Mining (CDE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Kinross Gold investors own include Iamgold (IAG), Barrick Gold (GOLD), Yamana Gold (AUY), Newmont Goldcorp (NEM), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX), Micron Technology (MU) and Eldorado Gold (EGO).

Kinross Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KGC."

Kinross Gold's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ruffer LLP (3.18%), Swiss National Bank (0.86%), Polunin Capital Partners Ltd (0.82%), Sumitomo Mitsui Trust Holdings Inc. (0.55%), Victory Capital Management Inc. (0.41%) and Russell Investments Group Ltd. (0.27%).

KGC stock was sold by a variety of institutional investors in the last quarter, including Ruffer LLP, Sumitomo Mitsui Trust Holdings Inc., Polunin Capital Partners Ltd, Russell Investments Group Ltd., Hexavest Inc., Candriam Luxembourg S.C.A., Victory Capital Management Inc., and Essex Investment Management Co. LLC.

KGC stock was acquired by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., Assenagon Asset Management S.A., NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., First Trust Advisors LP, High Pointe Capital Management LLC, Andra AP fonden, and Envestnet Asset Management Inc..

Shares of KGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KGC stock can currently be purchased for approximately $9.41.

Kinross Gold has a market capitalization of $11.84 billion and generates $3.50 billion in revenue each year. The mining company earns $718.60 million in net income (profit) each year or $0.34 on an earnings per share basis. Kinross Gold employs 8,970 workers across the globe.

The official website for Kinross Gold is www.kinross.com.

Kinross Gold's mailing address is 25 YORK STREET 17TH FLOOR, TORONTO A6, M5J 2V5. The mining company can be reached via phone at 416-365-5123 or via email at [email protected]