Revenue Forecast of Kinross Gold Corporation (KGC)

Lloyd Doyle
October 13, 2017

More interesting news about Kinross Gold Corporation (USA) (NYSE:KGC) were released by: Fool.ca and their article: "Which Is the Better Buy: Kinross Gold Corporation or Eldorado Gold Corp.?" published on September 08, 2017 as well as Fool.ca's news article titled: "Kinross Gold Corporation: Is it Finally Time to Buy This Beleaguered Stock?" with publication date: February 07, 2017. The company's market cap is $5.59 Billion, and the average volume is 10.35 Million.

Insider ownership increased by a total of 0 shares, which suggests that KGC's key executives are feeling more optimistic about the outlook for the stock. Weekly performance analysis shows the equity at -2.86%.

COPYRIGHT VIOLATION WARNING: "Equities Analysts Issue Forecasts for Kinross Gold Co.'s FY2017 Earnings (K)" was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. The mining company reported $0.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.01. The Lower end of the earnings estimate is $-0.01, while the higher end of the earnings estimate is $0.07. DORCHESTER WEALTH MANAGEMENT Co now owns 193,250 shares of the mining company's stock valued at $681,000 after buying an additional 600 shares during the last quarter. Their 50-Day Simple Moving Average is a difference of 2.37% from current levels. The Higher end of the revenue forecast is $965.44 Million, while the Lower end of the forecast is $656 Million. The company reported revenue of $903.95 Million in the same period a year ago. Kinross Gold now has an average rating of "Buy" and an average target price of C$5.81. In the case of KGC, the data has a lot to say about how the stock might perform going forward.

Analysts on average have given a price target of $5.23 to Kinross Gold Corporation (KGC) stock. Moving averages can be very helpful for identifying peaks and troughs. A frequently used tool among technical stock analysts is the moving average.

The SMA20 for the stock is at 2.16 percent, SMA50 stands at 1.8 percent, while SMA200 is 12.78 Percent. The firm has a Return on Assets (ROA) value of 0.70%. The return on assets ratio shows how well management is employing the company's total assets to make a profit. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage.


Return on Investment measures the amount of return on an investment relative to the investment's cost. The company now has a Return on Equity of -45.00% and Return on Investment of 0.00%. It has a return on equity (ROE) of 1.30%.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.03, according to consensus of 13 analysts.

Bridgewater Associates Lp sold 223,531 shares as Kinross Gold Corp (KGC)'s stock rose 9.54%. BMO Capital Markets' price objective indicates a potential upside of 17.92% from the stock's previous close. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. National Bank Financial reissued a "sector perform market weight" rating on shares of Kinross Gold in a research report on Thursday, August 3rd. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

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