Kinross Gold (K) Sets New 52-Week Low at $3.29

Kinross Gold Co. (TSE:K) (NYSE:KGC) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$3.29 and last traded at C$3.52, with a volume of 2902390 shares traded. The stock had previously closed at C$3.52.

Several research firms have issued reports on K. National Bank Financial decreased their price objective on shares of Kinross Gold from C$6.50 to C$6.25 in a research note on Saturday, July 14th. Canaccord Genuity decreased their price objective on shares of Kinross Gold from C$9.00 to C$8.00 in a research note on Tuesday, July 24th. Finally, Barclays reiterated an “overweight” rating and set a C$4.00 price objective on shares of Kinross Gold in a research note on Wednesday, October 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Kinross Gold currently has an average rating of “Hold” and a consensus target price of C$6.00.

COPYRIGHT VIOLATION WARNING: “Kinross Gold (K) Sets New 52-Week Low at $3.29” was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://sportsperspectives.com/2018/11/08/kinross-gold-k-sets-new-52-week-low-at-3-29.html.

About Kinross Gold (TSE:K)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, and processing of gold-containing ore. It also engages in the reclamation of gold mining properties; and production and sale of silver. The company's gold production and exploration activities are carried out principally in Canada, the United States, Russia, Brazil, Chile, Ghana, and Mauritania.

Featured Story: How to calculate compound interest

Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply