Canaccord Genuity analyst Carey MacRury maintained a Buy rating on Kinross Gold (NYSE:KGC) Corp. on Thursday, setting a price target of C$17, which is approximately 59.25% above the present share price of $8.11.
MacRury expects Kinross Gold Corp. to post earnings per share (EPS) of $0.16 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Kinross Gold, with an average price target of $11.43.
The analysts price targets range from a high of $14.5 to a low of $9.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.01 billion and a net profit of $315.4 million. The company's market cap is $10.2 billion.
According to TipRanks.com, Canaccord Genuity analyst Carey MacRury is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.6% and a 73.11% success rate.
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 operates through the following business segments: Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Crixas, La Coipa, Maricunga, Tasiast and Chirano. The company was founded by Robert MacKay Buchan on May 31, 1993 and is headquartered in Toronto, Canada.