Kinross Gold Corporation (NYSE:KGC) Had Its Target Increases by Researchers at
Barrick Gold Corporation (NYSE:ABX) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The stock has a 50 day moving average price of $1.86 and a 200-day moving average price of $2.81. Finally, Barclays restated an overweight rating and set a $4.00 price objective (down previously from $6.00) on shares of Yamana Gold in a research report on Thursday, July 16th. Deutsche Bank maintained the stock on October 5 with “Hold” rating.
9/19/2015 – Barrick Gold had its “hold” rating reaffirmed by analysts at RBC Capital.
Most recently Kinross Gold Corporation reported actual earnings of $-0.01 per share for the quarter ending on 2015-06-30. They set a “sector perform” rating on the stock. Company weekly volatility is calculated as 5.21% and price to cash ratio as 3.17. The stock changed hands in a range of $0.77 to $0.85, bringing its market capitalization to about $340.66 million. Last fiscal year, $0.08 has been paid in form of dividends to investors.
8/19/2015 – Barrick Gold was upgraded by analysts at Macquarie from an “underperform” rating to a “neutral” rating.
Kinross Gold Corporation is a gold mining company.
Barrick Gold (NYSE:ABX) fell 3.4% on Friday, Marketbeat.com reports. The stock was trading on above-average volume. Yamana Gold has a 52-week low of $1.42 and a 52-week high of $5.86. The company has a market cap of $2,451 million.
Barrick Gold (NYSE:ABX) last posted its quarterly earnings data on Wednesday, August 5th. The company on August 20 announced net earnings attributable to our shareholders of US$12 million for the June 2015 quarter compared with net losses of US$14 million in the March 2014 quarter and net earnings of US$19 million in the June 2014 quarter. PDL BioPharma, Inc. (PDLI) has a weekly performance of – 9.860% and EPS growth this year of 12.00%. Equities research analysts forecast that Yamana Gold will post ($0.05) EPS for the current year. CIBC initiated coverage on Barrick Gold in a research report on Friday, July 24th.
In response to media inquiries, Kinross Gold Corporation (NYSE:KGC) wishes to address the circumstances surrounding an ongoing regulatory review in relation to its West Africa mining operations. The Firm is engaged in the creation and sale of copper and gold, too as related activities, like exploration and mine development. The Company operates in sections: eight individual gold mines, Acacia and Pascua-Lama project. The Company sells its generation on earth marketplace gold bullion is sold in the spot market that is gold; copper and gold concentrate is sold to smelting companies that are independent, and copper cathode comes to various manufacturers and traders. The Business has 14 producing gold mines, positioned in Papua New Guinea, America, Peru, Argentina, Australia, the Dominican Republic and Canada.