$0.01 EPS Expected for Kinross Gold Corporation (USA) (KGC)

October 26, 2017 – By Clifton Ray

Analysts await Kinross Gold Corporation (USA) (NYSE:KGC) to report earnings on November, 1. They expect $0.01 EPS, down 90.00 % or $0.09 from last year’s $0.1 per share. KGC’s profit will be $12.49M for 98.50 P/E if the $0.01 EPS becomes a reality. After $0.04 actual EPS reported by Kinross Gold Corporation (USA) for the previous quarter, Wall Street now forecasts -75.00 % negative EPS growth. The stock decreased 2.11% or $0.09 during the last trading session, reaching $3.94. About 11.28 million shares traded or 41.71% up from the average. Kinross Gold Corporation (USA) (NYSE:KGC) has declined 13.79% since October 26, 2016 and is downtrending. It has underperformed by 30.49% the S&P500.

Kinross Gold Corporation (USA) (NYSE:KGC) Ratings Coverage

Among 17 analysts covering Kinross Gold Corporation (NYSE:KGC), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Kinross Gold Corporation had 56 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Monday, September 18 by BMO Capital Markets. The firm has “Buy” rating given on Friday, March 11 by Bank of America. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, August 2 report. The firm has “Underperform” rating by Macquarie Research given on Tuesday, March 15. As per Tuesday, February 9, the company rating was upgraded by Credit Suisse. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Buy” rating by Canaccord Genuity on Thursday, May 26. Jefferies maintained the stock with “Hold” rating in Monday, September 18 report. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Hold” rating by Jefferies on Thursday, July 14. The rating was upgraded by BMO Capital Markets on Monday, February 8 to “Outperform”. The rating was upgraded by Bank of America to “Buy” on Tuesday, May 23.

Kinross Gold Corporation is a gold mining company. The company has market cap of $4.92 billion. The Firm is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. It has a 93.85 P/E ratio. The Company’s divisions include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

More notable recent Kinross Gold Corporation (USA) (NYSE:KGC) news were published by: Fool.ca which released: “Which Is the Better Buy: Kinross Gold Corporation or Eldorado Gold Corp.?” on September 08, 2017, also Fool.ca with their article: “Why Kinross Gold Corporation Could Be a Glimmering Turnaround Play” published on July 24, 2017, Fool.ca published: “Time to Buy Kinross Gold Corporation?” on May 29, 2017. More interesting news about Kinross Gold Corporation (USA) (NYSE:KGC) were released by: Fool.ca and their article: “Gold Hits US$1330: Time to Buy Kinross Gold Corporation?” published on September 06, 2017 as well as Fool.ca‘s news article titled: “Should You Own Goldcorp Inc. or Kinross Gold Corporation Today?” with publication date: August 15, 2017.