Brokers Offer Predictions for Kinross Gold Co.’s FY2017 Earnings (K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stock analysts at National Bank Financial raised their FY2017 EPS estimates for shares of Kinross Gold in a report issued on Wednesday. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.19 per share for the year, up from their previous estimate of $0.10. National Bank Financial also issued estimates for Kinross Gold’s Q4 2017 earnings at $0.05 EPS and FY2018 earnings at $0.16 EPS.

Several other equities research analysts have also commented on the stock. Canaccord Genuity raised their price target on shares of Kinross Gold from C$9.25 to C$10.50 in a research note on Friday, January 19th. Macquarie raised their target price on shares of Kinross Gold from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Desjardins restated a “sell” rating on shares of Kinross Gold in a research report on Monday, December 11th. Finally, Eight Capital restated a “neutral” rating on shares of Kinross Gold in a research report on Thursday, November 16th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$6.59.

Shares of Kinross Gold (K) opened at C$4.99 on Monday. The firm has a market cap of $6,220.00, a PE ratio of 45.36 and a beta of -0.18. Kinross Gold has a 12 month low of C$4.24 and a 12 month high of C$6.29.

Kinross Gold (TSE:K) (NYSE:KGC) last issued its earnings results on Wednesday, November 8th. The company reported C$0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.06. The business had revenue of C$1.04 billion for the quarter, compared to analyst estimates of C$997.40 million. Kinross Gold had a net margin of 7.26% and a return on equity of 5.54%. WARNING: “Brokers Offer Predictions for Kinross Gold Co.’s FY2017 Earnings (K)” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at

Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

Earnings History and Estimates for Kinross Gold (TSE:K)

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