Kinross Gold (K), the Materials sector company, was revisited by a Wall Street analyst today. The company received a Buy rating from Canaccord Genuity’s analyst Carey MacRury, with a C$8 price target.
According to TipRanks.com, MacRury is a top 25 analyst with an average return of 21.7% and a 83.5% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and Barrick Gold Corporation.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kinross Gold with a C$7.25 average price target.
The company has a one-year high of C$6.11 and a one-year low of C$3.15. Currently, Kinross Gold has an average volume of 3.84M.
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.
The company’s shares closed on Tuesday at C$6.36.
