Kinross Gold Corporation found using ticker (KGC) now have 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 13.7 and 5.5 calculating the mean target price we have 9.75. Given that the stocks previous close was at 5.65 this would imply there is a potential upside of 72.6%. The 50 day moving average now sits at 5.83 and the 200 day MA is 6.37. The company has a market capitalisation of $6,854m. Company Website: https://www.kinross.com
The potential market cap would be $11,827m based on the market concensus.
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, 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. As of December 31, 2019, its proven and probable mineral reserves included approximately 30.0 million ounces of gold and 59.2 million ounces of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.
