Kinross Gold Corporation (USA) (KGC) Stock Is Crashing Now

19 Août, 2017, 21:56 | Author: Marc Bacque

The stock of Kinross Gold Corporation (USA) (NYSE:KGC) has "Hold" rating given on Wednesday, July 6 by Deutsche Bank. Scotiabank now has a sector perform rating on the mining company's stock.

Other equities research analysts also recently issued research reports about the company. TD Securities reiterated a buy rating and set a $5.50 price objective (up from $5.00) on shares of Kinross Gold Corporation in a report on Thursday, May 4th. BidaskClub cut shares of Kinross Gold Corporation from a buy rating to a hold rating in a research note on Tuesday, June 13th. Finally, Credit Suisse Group reaffirmed a "hold" rating and set a $5.00 target price on shares of Kinross Gold Corporation in a report on Thursday, April 27th. The firm has "Buy" rating given on Tuesday, July 18 by RBC Capital Markets. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $5.01.

The company is trading down by -0.23 percent from yesterday's close. The company had a trading volume of 7,515,315 shares. The stock has a market capitalization of $5.45 billion, a P/E ratio of 104.05 and a beta of 0.22. Kinross Gold Corporation has a 52-week low of $2.88 and a 52-week high of $4.87.

La fédération grecque en colère contre les Bucks — Giannis Antetokounmpo
Antetokounmpo, qui est âgé de 22 ans, amorcera en octobre une cinquième saison dans la NBA. Un forfait que l'intéressé qualifie de "pire déception de [sa] carrière".


Duke University removes Robert E. Lee statue from chapel
Share with Us - We'd love to hear eyewitness accounts, the history behind an article, and smart, constructive criticism. Another North Carolina city is cleaning up after vandals defaced the base of a Confederate soldier statue.


IPhone 8 wireless charging components pictured
According to BGR , the charging pad shown in the images actually fits in most iPhone schematics that have been surfacing recently. However, the first image above appears to show a port where the charging cable will be connected to the supposed charging pad.


Dynamic Technology Lab Private Ltd says it sold 3,561 shares last quarter decreasing its holdings in Kinross Gold Corporation by 2.8%. Kinross Gold Corporation had a return on equity of 3.63% and a net margin of 1.54%. The business had revenue of $868.60 million for the quarter, compared to analysts' expectations of $825.02 million. Next quarter's EPS is estimated at $0.03 and the next full year EPS is projected to be $0.13. Kinross Gold Corporation's revenue was down.9% compared to the same quarter past year. On average, analysts expect that Kinross Gold Corporation will post $0.10 earnings per share for the current fiscal year.

WARNING: This piece was first published by StockNewsTimes and is the property of of StockNewsTimes.

Several large investors have recently made changes to their positions in KGC. Canada Pension Plan Investment Board raised its position in shares of Kinross Gold Corporation by 57.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 35,764 shares of the mining company's stock valued at $146,000 after buying an additional 2,116 shares in the last quarter. Gotham Asset Management LLC raised its stake in shares of Kinross Gold Corporation by 53.2% in the second quarter. Contrarius Investment Management Ltd now owns 15,588,099 shares of the mining company's stock worth $54,714,000 after buying an additional 6,071,866 shares during the last quarter. TD Asset Management Inc. raised its position in shares of Kinross Gold Corporation by 5.4% in the second quarter. As of quarter end Rockshelter Capital Management LLC had bought a total of 15,925 shares growing its holdings by 1.6%. IFP Advisors Inc raised its stake in shares of Kinross Gold Corporation by 22.0% in the second quarter. Rockshelter Capital Management LLC now owns 987,575 shares with a value of $4,019,000. More interesting news about Kinross Gold Corporation (USA) (NYSE:KGC) were released by: Fool.ca and their article: "Kinross Gold Corporation: Is it Finally Time to Buy This Beleaguered Stock?" published on February 07, 2017 as well as Fool.ca's news article titled: "Time to Buy Kinross Gold Corporation?" with publication date: May 29, 2017. Institutional investors and hedge funds own 60.27% of the company's stock.

Conseillé:

  • Pourquoi les statues confédérées sont prises pour cible — Charlottesville

    Pourquoi les statues confédérées sont prises pour cible — Charlottesville

    Est-ce qu'on va enlever ses statues? Les statues seront déplacées pour côtoyer des monuments de l'Union, pour que les deux camps soient représentés équitablement.

    Which insiders are selling The Finish Line, Inc. (NASDAQ:FINL)?

    Finally, Public Employees Retirement System of OH boosted its position in shares of The Finish Line by 7.4% in the first quarter. As of the end of the quarter Tower Research Capital LLC (trc) had sold a total of 480 shares trimming its position 35.5%.
    Get Ready for Total Eclipse During Afternoon Monday

    Get Ready for Total Eclipse During Afternoon Monday

    It will still get dark and cooler and animals may act differently, but the sky show won't be the same, Anderson said. Even in places where there are a few clouds, the eclipse should still be visible from some areas on the ground.
  • Francis DiLorenzo, bishop of Diocese of Richmond, dies at 75

    Francis DiLorenzo, bishop of Diocese of Richmond, dies at 75

    Mary's Hospital in Richmond on Thursday evening. "He was 75", the Catholic Diocese of Richmond announced Friday morning. The bishop was born in Philadelphia, Pennsylvania on April 15, 1942 and was the oldest of three children.
    Stephen King's It Movie Gets Tie-in Web Game

    Stephen King's It Movie Gets Tie-in Web Game

    The performances of the rest of the cast and the film's production value can all be debated, but nearly everyone who sees the series commends Curry.
    Mario Goetze set to return after seven months out

    Mario Goetze set to return after seven months out

    The highlight was his equaliser in Borussia's 2-2 draw with Real Madrid in the group stages of the Champions League. With the goal he became the fourth U.S worldwide with a Bundesliga goal on the first day of the season.
  • Nigéria : le président Buhari de retour au pays aujourd'hui

    Nigéria : le président Buhari de retour au pays aujourd'hui

    Selon la présidence, il avait reçu une délégation de "gouverneurs et dirigeants" de son parti All Progressives Congress (APC). Buhari s'était envolé pour Londres le 7 mai dernier, laissant le pays entre les mains de son vice-président Yemi Osinbajo.

    " Le prix de Neymar est justifié " — Gullit

    En son temps, Ruud Gullit a vécu la même situation que Neymar , devenu le nouveau joueur le plus cher de l'histoire. Les réactions nombreuses sur le sujet sont donc logiques.
    Alphabet Inc. (GOOGL) Given

    Alphabet Inc. (GOOGL) Given "Hold" Rating at Canaccord Genuity

    Sell-side firms, on a consensus basis have a $1078.42 price target on the name and a 1.90 recommendation, according to First Call. Instinet reaffirmed a "buy" rating and issued a $925.00 price objective on shares of Alphabet in a report on Tuesday, April 25th.
  • Guam under threat: Can the USA  shoot down North Korean missiles?

    Guam under threat: Can the USA shoot down North Korean missiles?

    Trump has warned the North that it would "truly regret" attacking the USA , and that the US military is " locked and loaded ". The Pentagon also has options for a preemptive strike to knock out North Korea's nuclear weapons facilities.
    Video shows India, China face-off at Ladakh on August 15

    Video shows India, China face-off at Ladakh on August 15

    He said Chinese soldiers had twice tried to enter Indian territory but had been pushed back. Please Wait while comments are loading.
    Woman escapes terror attack at Barcelona after London, Paris

    Woman escapes terror attack at Barcelona after London, Paris

    Monaco and her friends were corralled into an Urban Outfitters store and told to lie face down on the floor away from the windows. The Islamic State has since claimed responsibility for the atrocity.


Populaire

Jesé offre la victoire à Stoke face à Arsenal — Premier League
Prêté en début de semaine par le PSG , Jesé Rodriguez n'a pas tardé à se faire adopter des supporters de Stoke City. Et c'est logiquement que l'Espagnol a été récompensé de ses efforts à la 47e minute.

Rematch set for Arrogate, Accelerate
Arrogate has had three sharp workouts in preparation for the Pacific Classic as he seeks to add to his $17,102,600 in earnings. Larry Stumes is a freelance writer.

Pliskova et Muguruza ont rendez-vous
Malgré la perte de la deuxième manche, la Tchèque s'est très bien remobilisée puisqu'elle a remporté l'ultime set sur un 6-0. Elle a une fiche de 2-1 contre Halep, l'ayant affrontée en 2014 et 2015.

Scholars say Trump went afoul in lumping Lee with founders
Does the state have to change its name? At least 60 symbols of the Confederacy have been removed or renamed since 2015. He has been sharply rebuked by lawmakers of both parties, numerous American business leaders and USA allies overseas .

Trump warns U.S. 'locked and loaded' as North Korea readies missiles
"They should have had me eight years ago, or at least somebody with my thought process", Trump said, alluding to President Obama. Washington's vast military options range from nothing to a full-on conventional assault by air, sea and ground forces.

UFC Fight Night: Norfolk Grabs Heavyweights Andrei Arlovski, Junior Albini
Arlovski was most recently seen in action this past June where he suffered a unanimous decision loss to Marcin Tybura. UFC Fight Night 120 is scheduled for November 11 at the Ted Constant Convocation Center in Norfolk, Virginia.

After death of 11th grader, Palace assures erring enforcers to be probed
The three officers are accused of forcing the victim, Kian Loyd Delos Santos, to hold a gun and telling him to run before they shot him on Wednesday night, two witnesses told local media.

Barcelona: Australian boy, 7, 'missing' after Las Ramblas attack
The foreign affairs minister, Julie Bishop, has said one Australian is missing and four others have been injured in the attack. In a statement the Foreign Office said: "Our thoughts are with the victims of these awful attacks and the people of Spain".

Trump Cites 'Pants on Fire' Claim in Barcelona Response
Pershing, as Trump told a SC rally, was a "rough guy, rough guy" fighting terrorism in the early 1900s. John Pershing in dealing with Islamic extremists in the Philippines at the turn of the last century.

Star Wars Battlefront II Starfighter Assault Gameplay Trailer
It is important to note, however, that the footage is not part of the title's gameplay, but instead only an in-engine video. Ahead of an expected official reveal at Gamescom 2017 next week, a trailer for Star Wars: Battlefront II has leaked.