Kinross Gold Corporation with ticker code (KGC) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 13.7 and 5.5 calculating the average target price we see 9.75. Given that the stocks previous close was at 5.48 this indicates there is a potential upside of 77.9%. The day 50 moving average is 5.9 and the 200 moving average now moves to 6.41. The company has a market capitalisation of $7,431m. Company Website: https://www.kinross.com
The potential market cap would be $13,221m 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.
