Semper Augustus Investments Group Llc decreased its stake in Kinross Gold Corp (KGC) by 27.09% based on its latest 2016Q4 regulatory filing with the SEC. Over the last 90 days, insiders sold 22,058 shares of company stock valued at $119,371. BidaskClub lowered Kinross Gold Corporation from a "hold" rating to a "sell" rating in a report on Wednesday. Creative Planning boosted its stake in shares of Kinross Gold Corporation by 42.7% in the first quarter. Company shares have been seen trading -23.56% off of the 52 week high and 47.57% away from the 52 week low. Candriam Luxembourg S.C.A. raised its stake in Kinross Gold Corporation by 69.5% in the first quarter. UBS Asset Management Americas Inc. raised its stake in Kinross Gold Corporation by 10.5% in the fourth quarter. Through this figure traders can analyze that KGC show whether or not a stock now most active and standing in buying side or sell side. As of quarter end Investec Asset Management Ltd had sold 2,445,853 shares trimming its position 46.8%. The Kopernik Global Investors Llc holds 16.48 million shares with $51.25 million value, up from 11.77 million last quarter.
Shares of Kinross Gold (TSE K) traded down 1.66% during trading on Friday, reaching $5.33. Institutional investors and hedge funds own 60.85% of the company's stock. It is trading at $4.26 which is slightly above the 50 day moving average of $4.09 and quite a bit above the 200 day moving average of $3.88. The total dollar value of all 1.29 billion outstanding shares is 5.41 billion. Kinross Gold Corp now has $5.32 billion valuation.
Kinross Gold Corporation (NYSE:KGC) (TSE:K) last released its earnings results on Wednesday, August 2nd. For the past 5 years, the company's revenue has grown 1.1%, while the company's earnings per share has grown -7.8%. Average estimation for the current quarter has been provided by 11 analysts. It has a return on equity (ROE) of 1.30%. The business's revenue for the quarter was down.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) EPS. On average, equities analysts expect that Kinross Gold Corporation will post $0.09 earnings per share for the current year. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & global copyright & trademark law. The legal version of this article can be read at https://baseballnewssource.com/markets/jefferies-group-analysts-increase-earnings-estimates-for-kinross-gold-co-tsek/1415004.html.More news: Justice Minister: Trump's rhetoric around North Korea 'unhelpful and scary'
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These firms have also modified their investment in KGC. National Bank Financial restated a "sector perform market weight" rating on shares of Kinross Gold Corporation in a report on Thursday, August 3rd.
Kinross Gold Corporation (KGC) reported earning per shares for the quarter ending Aug 02 AMC, whereas, 13 number of analysts estimated the mean EPS at 0.02. Credit Suisse Group reaffirmed a "hold" rating and set a $5.00 target price on shares of Kinross Gold Corporation in a research report on Thursday, April 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. Finally, Royal Bank Of Canada raised their price target on shares of Kinross Gold to C$6.50 and gave the stock an "outperform" rating in a research note on Tuesday, May 9th. The forecast of 7 surveyed investment analysts covering the stock advises investors to Buy stake in the company. BMO Capital Markets upgraded Kinross Gold Corporation (USA) (NYSE:KGC) rating on Monday, May 29.
Kinross Gold Corp (NYSE:KGC)'s price to free cash flow for trailing twelve months is 27.96. The Firm 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.