Kinross Gold Corporation which can be found using ticker (KGC) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 7.38 and 3.5 and has a mean target at $5.81. Given that the stocks previous close was at $5.24 this indicates there is a potential upside of 10.9%. It’s also worth noting that there is a 50 day moving average of $4.46 and the 200 day MA is $4.02. The company has a market capitalization of $6,481m. Company Website: https://www.kinross.com
The potential market cap would be $7,186m based on the market consensus.
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.
The company has a dividend yield of 2.29% with the ex dividend date set at 7-3-2023 (DMY).
Other points of data to note are a P/E ratio of 264, revenue per share of 2.7 and a 2.01% return on assets.
