Kinross Gold Corp. (NYSE:KGC)’s share price fell 5.2% during mid-day trading on Wednesday . The stock traded as low as $5.02 and last traded at $5.08, with a volume of 6,079,727 shares. The stock had previously closed at $5.36.

A number of equities research analysts have weighed in on KGC shares. Vetr upgraded Kinross Gold Corp. from a “buy” rating to a “strong-buy” rating and set a $5.70 target price for the company in a research report on Wednesday. Jefferies Group upgraded Kinross Gold Corp. from an “underperform” rating to a “hold” rating and set a $6.00 target price for the company in a research report on Thursday, July 14th. Zacks Investment Research upgraded Kinross Gold Corp. from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research report on Tuesday, July 12th. HSBC restated a “buy” rating on shares of Kinross Gold Corp. in a research report on Thursday, July 7th. Finally, Barclays PLC restated a “hold” rating on shares of Kinross Gold Corp. in a research report on Wednesday, July 6th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $4.45.

The firm’s market capitalization is $6.35 billion. The stock has a 50 day moving average price of $5.16 and a 200 day moving average price of $3.83.

Kinross Gold Corp. (NYSE:KGC) last announced its quarterly earnings data on Tuesday, May 10th. The mining company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The firm earned $782.60 million during the quarter, compared to the consensus estimate of $808.09 million. The business’s revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $0.01 EPS. On average, equities analysts anticipate that Kinross Gold Corp. will post $0.11 EPS for the current fiscal year.

Several hedge funds and institutional investors have recently made changes to their positions in KGC. Sei Investments Co. increased its position in shares of Kinross Gold Corp. by 4,075.1% in the fourth quarter. Sei Investments Co. now owns 2,640,989 shares of the mining company’s stock worth $4,806,000 after buying an additional 2,577,733 shares during the period. State of Wisconsin Investment Board increased its position in shares of Kinross Gold Corp. by 69.7% in the fourth quarter. State of Wisconsin Investment Board now owns 995,784 shares of the mining company’s stock worth $1,799,000 after buying an additional 408,900 shares during the period. Finally, OppenheimerFunds Inc. increased its position in shares of Kinross Gold Corp. by 3.7% in the fourth quarter. OppenheimerFunds Inc. now owns 2,800,487 shares of the mining company’s stock worth $5,097,000 after buying an additional 100,487 shares during the period.

Kinross Gold Corporation is gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. Its segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

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