Kinross Gold Co. (K) Price Target Raised to C$8.00
Separately, National Bank Financial reaffirmed a sector perform market weight rating on shares of Kinross Gold in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Kinross Gold presently has a consensus rating of Buy and a consensus target price of C$5.85.
Shares of Kinross Gold (TSE K) opened at 5.23 on Friday. The firm’s 50-day moving average is $5.48 and its 200-day moving average is $5.36. The firm has a market cap of $6.52 billion and a P/E ratio of 124.52. Kinross Gold has a 52-week low of $3.87 and a 52-week high of $6.29.
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In other news, insider Claude J.S. Schimper sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of C$5.59, for a total transaction of C$139,750.00. Insiders have sold 52,259 shares of company stock worth $273,353 over the last three months.
About Kinross Gold
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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