Insights on Investing in KGC – Analyst Perspectives

By Tamara Parker • Thursday, October 02 10:02 • Permanent Link

Kinross Gold logged a -1.3% change during today's morning session, and is now trading at a price of $25.11 per share. The S&P 500 index moved 0.0%. KGC's trading volume is 1,687,596 compared to the stock's average volume of 18,265,495.

Kinross Gold trades 22.96% away from its average analyst target price of $20.43 per share. The 10 analysts following the stock have set target prices ranging from $7.5 to $27.0, and on average have given Kinross Gold a rating of buy.

Anyone interested in buying KGC should be aware of the facts below:

Kinross Gold has moved 167.1% over the last year, and the S&P 500 logged a change of 17.7%
Based on its trailing earnings per share of 1.27, Kinross Gold has a trailing 12 month Price to Earnings (P/E) ratio of 19.8 while the S&P 500 average is 29.3
KGC has a forward P/E ratio of 28.5 based on its forward 12 month price to earnings (EPS) of $0.88 per share
Its Price to Book (P/B) ratio is 4.05 compared to its sector average of 2.31
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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.