Kinross Gold Corp (NYSE:KGC) shares traded -1.86% down during most recent session to reach at the closing price of $3.16. The stock exchanged hands 10.6 Million shares versus average trading capacity of 17.93 Million shares, yielding a market cap of $3.95 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $4 within the next 52-weeks. The mean target projections are based on 20 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Kinross Gold Corp (NYSE:KGC) high price target of $6 and with a conservative view have low price target of $2.8.
Barclays “Initiates Coverage On” Kinross Gold Corp (NYSE:KGC) in a research note issued to investors on 10/10/18 to Overweight with price target of $4.
Additionally on 9/17/18 JP Morgan “Maintained” Kinross Gold Corp (NYSE:KGC) to Neutral setting price target at $5 and on 9/06/18 Credit Suisse “Reinstates” the stock to Neutral at $4. Furthermore on 8/29/18 Citigroup “Maintained” the stock to Neutral at $3.3.
On the other hand the company has Relative Strength Index (RSI 14) of 56.1 along with Average True Range (ATR 14) of 0.14, Consequently Kinross Gold Corp (NYSE:KGC)’s weekly and monthly volatility is 3.63%, 5.02% respectively. The company’s beta value is at -0.04.
In terms of Buy, Sell or Hold recommendations, Kinross Gold Corp (NYSE:KGC) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Kinross Gold Corp (NYSE:KGC)’s minimum EPS for the current quarter is at $-0.02 and can go high up to $0.02. The consensus mean EPS for the current quarter is at $0 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.01 earnings per share for the same quarter during last year.
Kinross Gold Corp (NYSE:KGC)’s revenue estimates for the current quarter are $762.47 Million according to 5 number of analysts, for the current quarter the company has high revenue estimates of $784.97 Million in contradiction of low revenue estimates of $727.2 Million. For the current year the company’s revenue estimates are $3.21 Billion compared to low analyst estimates of $3.07 Billion and high estimates of $3.42 Billion according to 17 number of analysts.
Currently Kinross Gold Corp (NYSE:KGC)’s shares owned by insiders are 14.63%, whereas shares owned by institutional owners are 69.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 42.76%.
Kinross Gold Corp (NYSE:KGC)’s trailing twelve month revenues are $3.24 Billion, whereas its price to sales ratio for the same period is 1.22. Its book value per share for the most recent quarter is $3.64 while its price to book ratio for the same period is 0.87, as for as the company’s cash per share for the most recent quarter is $0.38, however its price to cash per share ratio for the same period is 8.4. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 17.95.