Shares of Kinross Gold Corp. (NYSE:KGC) shot up 4.2% during trading on Tuesday . The company traded as high as $5.46 and last traded at $5.40, with a volume of 11,142,529 shares trading hands. The stock had previously closed at $5.18.

Several analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Kinross Gold Corp. from a “buy” rating to a “hold” rating in a research note on Monday, May 2nd. Barclays PLC reiterated a “hold” rating on shares of Kinross Gold Corp. in a research note on Monday, April 4th. TheStreet upgraded shares of Kinross Gold Corp. from a “sell” rating to a “hold” rating in a research note on Monday, April 11th. Credit Suisse Group AG lowered shares of Kinross Gold Corp. from an “outperform” rating to a “neutral” rating and upped their target price for the stock from $4.50 to $5.50 in a research note on Tuesday, May 3rd. Finally, TD Securities reiterated a “buy” rating and issued a $7.50 target price on shares of Kinross Gold Corp. in a research note on Tuesday, July 26th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $4.83.

The stock has a 50-day moving average price of $5.16 and a 200 day moving average price of $4.02. The company’s market cap is $6.87 billion.

Kinross Gold Corp. (NYSE:KGC) last issued its quarterly earnings data on Wednesday, July 27th. The mining company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.02. During the same period last year, the business earned ($0.01) EPS. The business had revenue of $876.40 million for the quarter, compared to analyst estimates of $841.98 million. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. Equities research analysts anticipate that Kinross Gold Corp. will post $0.10 EPS for the current fiscal year.

A hedge fund recently raised its stake in Kinross Gold Corp. stock. State of Wisconsin Investment Board raised its stake in Kinross Gold Corp. (NYSE:KGC) by 69.7% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 995,784 shares of the mining company’s stock after buying an additional 408,900 shares during the period. State of Wisconsin Investment Board owned about 0.09% of Kinross Gold Corp. worth $1,799,000 at the end of the most recent quarter.

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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