Kinross Gold (KGC) Receives a Hold from Credit Suisse


Credit Suisse analyst Fahad Tariq maintained a Hold rating on Kinross Gold (KGC) yesterday and set a price target of $3. The company’s shares closed yesterday at $3.33.

According to TipRanks.com, Tariq is a 3-star analyst with an average return of 9.9% and a 85.7% success rate. Tariq covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and IAMGOLD Corp.

Currently, the analyst consensus on Kinross Gold is a Moderate Buy with an average price target of $3.19.

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The company has a one-year high of $4.30 and a one-year low of $2.38. Currently, Kinross Gold has an average volume of 16.22M.

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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.

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