Desjardins Comments on Kinross Gold Co.’s Q4 2017 Earnings (K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities research analysts at Desjardins issued their Q4 2017 EPS estimates for shares of Kinross Gold in a research report issued to clients and investors on Monday. Desjardins analyst J. Wolfson expects that the company will post earnings of $0.05 per share for the quarter. Desjardins has a “Sell” rating on the stock. Desjardins also issued estimates for Kinross Gold’s Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.04 EPS, Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.03 EPS and Q3 2019 earnings at $0.03 EPS.

Several other research firms have also recently issued reports on K. Eight Capital reissued a “neutral” rating on shares of Kinross Gold in a research note on Thursday, November 16th. Macquarie increased their price target on Kinross Gold from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a research note on Monday, November 13th. Finally, Canaccord Genuity increased their price target on Kinross Gold from C$7.75 to C$8.00 in a research note on Friday, October 20th. Two analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of C$5.99.

Kinross Gold (TSE:K) opened at C$5.19 on Thursday. Kinross Gold has a 52 week low of C$3.87 and a 52 week high of C$6.29.

In other news, insider Claude J.S. Schimper sold 18,000 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of C$5.27, for a total transaction of C$94,860.00.

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Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

Earnings History and Estimates for Kinross Gold (TSE:K)

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