NYSE:KGCKinross Gold Stock Price, Forecast & News

Kinross Gold's stock was trading at $4.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KGC stock has increased by 81.1% and is now trading at $8.71.
View which stocks have been most impacted by COVID-19.

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."
View analyst ratings for Kinross Gold.

Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Kinross Gold.

Kinross Gold Co. (NYSE:KGC) issued its quarterly earnings results on Wednesday, July, 29th. The mining company reported $0.15 earnings per share for the quarter, topping 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 return on equity of 11.03% and a net margin of 23.96%. Kinross Gold's quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.06 EPS.
View Kinross Gold's earnings history.

10 brokers 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 $9.50 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts' price targets for Kinross Gold.

News headlines about KGC stock have been trending negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kinross Gold earned a news sentiment score of -2.7 on InfoTrie's scale. They also assigned media coverage about the mining company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.
View the latest news about Kinross Gold.

Kinross Gold saw a drop in short interest in June. As of June 30th, there was short interest totaling 21,250,000 shares, a drop of 19.0% from the June 15th total of 26,220,000 shares. Based on an average daily volume of 19,160,000 shares, the short-interest ratio is currently 1.1 days. Approximately 1.7% of the shares of the stock are sold short.
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), Sibanye Gold (SBGL), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG), Coeur Mining (CDE), Eldorado Gold (EGO) and Iamgold (IAG).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kinross Gold investors own include Barrick Gold (GOLD), Iamgold (IAG), Newmont Goldcorp (NEM), Yamana Gold (AUY), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Intel (INTC), Cisco Systems (CSCO) and Alibaba Group (BABA).

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 retail and institutional investors. Top institutional shareholders include Ruffer LLP (3.18%), Vanguard Group Inc. (2.94%), FIL Ltd (1.32%), Bank of Nova Scotia (1.23%), Swiss National Bank (0.86%) and Polunin Capital Partners Ltd (0.82%).

KGC stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Toronto Dominion Bank, Goldman Sachs Group Inc., Ruffer LLP, Sumitomo Mitsui Trust Holdings Inc., APG Asset Management N.V., Polunin Capital Partners Ltd, and Russell Investments Group Ltd..

KGC stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Bank of New York Mellon Corp, Intact Investment Management Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Assenagon Asset Management S.A., Gabelli Funds LLC, Portolan Capital Management LLC, and Alberta Investment Management Corp.

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 $8.71.

Kinross Gold has a market capitalization of $10.96 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]