In a report released today, Stephen Walker from RBC Capital reiterated a Hold rating on Kinross Gold (KGC), with a price target of $3.75. The company’s shares opened today at $2.89.
According to TipRanks.com, Walker is a 3-star analyst with an average return of 1.7% and a 43.5% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Teck Resources Limited, Hudbay Minerals Inc, and Centerra Gold Inc.
Kinross Gold has an analyst consensus of Moderate Buy, with a price target consensus of $3.58.
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Kinross Gold’s market cap is currently $3.55B and has a P/E ratio of 16.86. The company has a Price to Book ratio of 0.78.
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Kinross Gold Corp. is an exploration company. It engages in the production, acquisition, exploration and development of gold bearing properties in Canada, United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana and Mauritania. The products are gold and silver produced in the form of dore.
