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 stock has increased by 46.6% and is now trading at $7.05. 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) issued its earnings results on Tuesday, May, 5th. The mining company reported $0.10 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.02. The mining company had revenue of $879.80 million for the quarter, compared to analysts' expectations of $867.48 million. Kinross Gold had a return on equity of 9.25% and a net margin of 21.63%. The company's revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the business earned $0.07 EPS. View Kinross Gold's earnings history.

11 Wall Street analysts have issued twelve-month target prices for Kinross Gold's shares. Their forecasts range from $3.20 to $9.00. On average, they expect Kinross Gold's share price to reach $5.72 in the next year. This suggests that the stock has a possible downside of 18.9%. View analysts' price targets for Kinross Gold.

News stories about KGC stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news 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 media sentiment score of 1.5 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 media coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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 volume of 23,240,000 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.4% of the shares of the 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), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), 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 variety of institutional and retail investors. Top institutional investors 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, Van ECK Associates Corp, Deutsche Bank AG, Commerzbank Aktiengesellschaft FI, Contrarius Investment Management Ltd, Toronto Dominion Bank, Wellington Management Group LLP, and Donald Smith & CO. Inc..

KGC stock was acquired 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 $7.05.

Kinross Gold has a market capitalization of $8.86 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]