NYSE:KGCKinross Gold Stock Price, Forecast & News

Kinross Gold's stock was trading at $4.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KGC shares have increased by 38.3% and is now trading at $6.65. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kinross Gold.

Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Kinross Gold.

Kinross Gold Co. (NYSE:KGC) announced its earnings results on Tuesday, May, 5th. The mining company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The mining company had revenue of $879.80 million for the quarter, compared to analyst estimates of $867.48 million. Kinross Gold had a net margin of 21.63% and a return on equity of 9.25%. The firm's revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.07 EPS. View Kinross Gold's earnings history.

11 brokers have issued 1 year target prices for Kinross Gold's shares. Their forecasts range from $3.20 to $9.00. On average, they expect Kinross Gold's stock price to reach $5.72 in the next twelve months. This suggests that the stock has a possible downside of 14.0%. View analysts' price targets for Kinross Gold.

Media coverage about KGC stock has trended negative recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kinross Gold earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave news headlines about the mining company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutKinross Gold.

Kinross Gold saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 17,750,000 shares, an increase of 13.7% from the April 15th total of 15,610,000 shares. Based on an average daily trading volume, of 23,240,000 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.4% of the company's stock are short sold. View Kinross Gold's Current Options Chain.

Some companies that are related to Kinross Gold include Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), AngloGold Ashanti (AU), Kirkland Lake Gold (KL), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY), Iamgold (IAG), Osisko gold royalties (OR) and Eldorado Gold (EGO). View all competitors.

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 number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (11.47%), Ruffer LLP (3.39%), Donald Smith & CO. Inc. (0.99%), Polunin Capital Partners Ltd (0.93%), Wellington Management Group LLP (0.85%) and Swiss National Bank (0.85%).

KGC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Van ECK Associates Corp, Deutsche Bank AG, Commerzbank Aktiengesellschaft FI, Contrarius Investment Management Ltd, Toronto Dominion Bank, and Wellington Management Group LLP.

KGC stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Sumitomo Mitsui Trust Holdings Inc., The Manufacturers Life Insurance Company , Jennison Associates LLC, Bank of New York Mellon Corp, APG Asset Management N.V., APG Asset Management N.V., and Odey Asset Management Group Ltd.

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 $6.65.

Kinross Gold has a market capitalization of $8.36 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 9,135 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]