Shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) have received an average rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$6.59.
Several equities research analysts recently weighed in on K shares. Eight Capital reissued a “neutral” rating on shares of Kinross Gold in a report on Thursday, November 16th. Canaccord Genuity lifted their price objective on Kinross Gold from C$9.25 to C$10.50 in a report on Friday, January 19th. Desjardins reissued a “sell” rating on shares of Kinross Gold in a report on Monday, December 11th. National Bank Financial lifted their price objective on Kinross Gold from C$6.50 to C$7.50 in a report on Friday, January 26th. Finally, Macquarie lifted their price objective on Kinross Gold from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a report on Monday, November 13th.
In other Kinross Gold news, insider Michel Sylvestre sold 10,385 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of C$5.36, for a total value of C$55,663.60. Also, Director Kerry Don Dyte bought 17,500 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was bought at an average price of C$4.96 per share, with a total value of C$86,800.00. In the last three months, insiders sold 117,190 shares of company stock valued at $555,942.
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About Kinross Gold
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.
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