FY2019 EPS Estimates for Kinross Gold Co. Increased by Beacon Securities (K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities researchers at Beacon Securities upped their FY2019 earnings per share (EPS) estimates for Kinross Gold in a research note issued to investors on Friday, May 10th. Beacon Securities analyst J. Willoughby now anticipates that the company will post earnings of $0.29 per share for the year, up from their previous forecast of $0.26.

A number of other research analysts have also issued reports on the stock. National Bank Financial dropped their price target on shares of Kinross Gold from C$5.75 to C$5.50 and set an “outperform” rating on the stock in a research note on Monday, February 4th. Canaccord Genuity dropped their price target on shares of Kinross Gold from C$6.00 to C$5.50 in a research note on Tuesday, April 23rd.

Shares of Kinross Gold stock opened at C$4.08 on Monday. Kinross Gold has a 52-week low of C$3.15 and a 52-week high of C$5.20. The company has a current ratio of 2.61, a quick ratio of 0.80 and a debt-to-equity ratio of 38.32. The stock has a market cap of $5.15 billion and a PE ratio of -204.00.

Kinross Gold (TSE:K) (NYSE:KGC) last issued its quarterly earnings results on Wednesday, February 13th. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$1.04 billion for the quarter, compared to analyst estimates of C$1.01 billion.

Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the reclamation of gold mining properties; and production and sale of silver.

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Earnings History and Estimates for Kinross Gold (TSE:K)

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