Kinross Gold Corp. (NYSE:KGC) shares were down 1% on Tuesday . The stock traded as low as $4.67 and last traded at $4.74, with a volume of 12,267,014 shares. The stock had previously closed at $4.79.

KGC has been the subject of several analyst reports. BMO Capital Markets restated a “buy” rating and issued a $6.50 target price on shares of Kinross Gold Corp. in a research note on Thursday, July 28th. Zacks Investment Research upgraded Kinross Gold Corp. from a “hold” rating to a “buy” rating and set a $6.00 target price for the company in a research note on Thursday, August 4th. HSBC restated a “buy” rating on shares of Kinross Gold Corp. in a research note on Thursday, July 7th. Vetr upgraded Kinross Gold Corp. from a “buy” rating to a “strong-buy” rating and set a $5.63 target price for the company in a research note on Monday. Finally, Goldman Sachs Group Inc. upgraded Kinross Gold Corp. from a “sell” rating to a “neutral” rating and raised their target price for the stock from $2.10 to $5.30 in a research note on Wednesday, May 11th. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $4.94.

The firm’s 50-day moving average price is $5.19 and its 200 day moving average price is $4.41. The stock’s market cap is $5.41 billion.

Kinross Gold Corp. (NYSE:KGC) last released its quarterly earnings results on Wednesday, July 27th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.02. The business earned $876.40 million during the quarter, compared to analyst estimates of $841.98 million. During the same period in the previous year, the company earned ($0.01) earnings per share. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. Equities analysts anticipate that Kinross Gold Corp. will post $0.10 earnings per share for the current year.

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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