Focusing the Lens in on Kinross Gold Corp (KGC) Shares

Marco Green
October 31, 2017

Credit Suisse "Upgrades" Eldorado Gold Corp (NYSE:EGO) in a research note issued to investors on 9/25/17 to Neutral with price target of $0. Kinross Gold has a 52 week low of $3.87 and a 52 week high of $6.29.

Kinross Gold Corporation (KGC) analysts on average have given a price target of $5.21 on KGC stock. Canaccord Genuity downgraded Eldorado Gold Corporation from a "buy" rating to a "hold" rating in a report on Friday, July 28th. The stock traded within a range of $1.26 and $1.37. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. They now have a $5.25 price target on the mining company's stock. Eldorado Gold Corporation (NYSE:EGO) has a 20-Day average volume of 8.33 Million. The company had Year Ago Sales of 116.23 Million.

Analysts mean recommendation for the stock is 4.

The High Revenue estimate is predicted as 826600, while the Low Revenue Estimate prediction stands at 660000. That puts the market capitalization at $4.93 bln.

Eldorado Gold Corporation (NYSE:EGO) gross margin percentage stands at 38.4% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. However the company reported $0.05 earnings per share for the same quarter during previous year.

While considering growth estimates of the company, it has next quarter growth estimates of 100% whereas during current quarter it has -80% estimations over growth, comparing to the estimations of -57.1% during current year and 233.3% for next year. As Deutsche Bank Aktiengesellschaft has a P/S, P/E and P/B values of 1.22, 0 and 0.41 respectively. The firm's quarterly revenue was down 18.0% on a year-over-year basis.

Many analysts are providing their Estimated Earnings analysis for Eldorado Gold Corporation and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $0.01/share.

EQT Corporation (EQT) analysts on average have given a price target of $5.21 on EQT stock. If you are viewing this report on another website, it was illegally stolen and republished in violation of USA and worldwide copyright and trademark laws. Studying stock price movements around earnings reports can sometimes be confusing.

Hedge funds have recently bought and sold shares of the company. After a recent check, Kinross Gold Corp's 14-day RSI is now at 39.25, the 7-day stands at 38.82, and the 3-day is sitting at 54.65. Often times a company will post better than expected numbers but the stock will drop in price. Intact Investment Management Inc. boosted its holdings in shares of Eldorado Gold Corporation by 83.9% in the second quarter. The Weekly and Monthly Volatility stands at 2.76% and 2.50%. Commerzbank Aktiengesellschaft FI now owns 1,848,322 shares of the basic materials company's stock valued at $4,880,000 after acquiring an additional 253,684 shares during the period.

Kinross Gold Corp (KGC) shares are moving today on volatility 1.27% or $0.05 from the open. Gotham Asset Management LLC now owns 41,487 shares of the mining company's stock worth $169,000 after purchasing an additional 14,398 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Kinross Gold 42.7% in the first quarter. The number of shares now owned by investors are 1.25 bln.

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The Company's segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

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