NYSE:KGC - Kinross Gold Stock Price, Forecast & News

Kinross Gold's stock was trading at $4.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KGC shares have decreased by 17.3% and is now trading at $3.98. View which stocks have been mosted 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 Tuesday, May 5th 2020. View our earnings forecast for Kinross Gold.

Kinross Gold Co. (NYSE:KGC) announced its quarterly earnings results on Wednesday, February, 12th. The mining company reported $0.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.03. The mining company had revenue of $996.20 million for the quarter, compared to the consensus estimate of $947.81 million. Kinross Gold had a net margin of 20.55% and a return on equity of 8.70%. The company's quarterly revenue was up 26.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.01 earnings per share. View Kinross Gold's earnings history.

11 equities research analysts have issued twelve-month price objectives for Kinross Gold's shares. Their forecasts range from $3.20 to $7.00. On average, they anticipate Kinross Gold's stock price to reach $5.27 in the next year. This suggests a possible upside of 32.5% from the stock's current price. View analysts' price targets for Kinross Gold.

Headlines about KGC stock have been trending very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Kinross Gold earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the mining company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutKinross Gold.

Kinross Gold saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 26,048,400 shares, an increase of 28.8% from the February 27th total of 20,230,000 shares. Based on an average daily volume of 15,560,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 2.1% of the shares of the company are sold short. 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), Sibanye Gold (SBGL), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY), Osisko gold royalties (OR), Iamgold (IAG) and Eldorado Gold (EGO).

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), Freeport-McMoRan (FCX), Eldorado Gold (EGO), First Majestic Silver (AG), Cisco Systems (CSCO) and Micron Technology (MU).

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

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 $3.98.

Kinross Gold has a market capitalization of $5.00 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. View additional information about Kinross Gold.

The official website for Kinross Gold is http://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]