Kinross Gold Corporation (KGC) Getting Somewhat Favorable News Coverage, Report Shows
News stories about Kinross Gold Corporation (NYSE:KGC) (TSE:K) have trended somewhat positive on Monday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kinross Gold Corporation earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the mining company an impact score of 45.538184864462 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Kinross Gold Corporation (KGC) noted a price change of 1.44% and Westmoreland Coal Company (WLB) closes with a … – Stocks Gallery (stocksgallery.com)
- Kinross Gold Corp (KGC) A Look at Technical Overview – HiTechFacts (hitechfacts.com)
- Have an eye on: Kinross Gold Corporation (NYSE:KGC), Xilinx, Inc. (NASDAQ:XLNX), Douglas Emmett, Inc. (NYSE:DEI) – Market Breaking Point (press release) (journalfinance.net)
- Kinross Gold Corp (KGC), and CytRx Corp (CYTR) Seeing Increased Action in Session – FLBC News (flbcnews.com)
- The Top Three Holders Of Kinross Gold Corporation (KGC) (wisdomsave.com)
A number of brokerages recently commented on KGC. TD Securities raised Kinross Gold Corporation from a “buy” rating to an “action list buy” rating and set a $5.50 price target for the company in a research report on Wednesday, May 10th. BMO Capital Markets raised Kinross Gold Corporation from a “market perform” rating to a “buy” rating and increased their price target for the company from $3.75 to $5.00 in a research report on Monday, May 29th. BidaskClub downgraded Kinross Gold Corporation from a “hold” rating to a “sell” rating in a research report on Monday, June 19th. Bank of America Corporation raised Kinross Gold Corporation from a “neutral” rating to a “buy” rating in a research report on Tuesday, May 23rd. Finally, Jefferies Group LLC set a $4.00 price target on Kinross Gold Corporation and gave the company a “hold” rating in a research report on Friday, May 19th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.01.
Shares of Kinross Gold Corporation (NYSE:KGC) opened at 4.25 on Monday. The stock has a market capitalization of $5.30 billion, a P/E ratio of 101.19 and a beta of 0.22. Kinross Gold Corporation has a 52-week low of $2.88 and a 52-week high of $4.66. The firm has a 50-day moving average price of $4.14 and a 200-day moving average price of $3.91.
Kinross Gold Corporation (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Wednesday, August 2nd. The mining company reported $0.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. Kinross Gold Corporation had a net margin of 1.54% and a return on equity of 3.63%. The business had revenue of $868.60 million during the quarter, compared to the consensus estimate of $825.02 million. During the same period in the previous year, the firm posted ($0.01) earnings per share. The business’s revenue for the quarter was down .9% compared to the same quarter last year. On average, analysts predict that Kinross Gold Corporation will post $0.10 EPS for the current year.
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About Kinross Gold Corporation
Kinross Gold Corporation is a gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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