A report released today by RBC Capital Markets about Kinross Gold (TSE:K) raises the target price to $10.00
- Updated: September 23, 2016
Yesterday Kinross Gold (TSE:K) traded -1.91% lower at $5.72. The company’s 50-day moving average is $6.01 and its 200-day moving average is $5.95. The last stock close price is down -4.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,707,778 shares of the stock were exchanged, down from an average trading volume of 5,834,740
In a statement issued on 09/23/2016 RBC Capital Markets increased the target of Kinross Gold (TSE:K) to $10.00 reporting a potential upside of 0.75%.
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Kinross Gold has a 52 week low of $1.91 and a 52 week high of $7.56 The company’s market cap is currently $0.
General Information About Kinross Gold (TSE:K)
Kinross Gold Corporation is gold mining company. The Company 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. Its segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. The Fort Knox mine is located near Fairbanks, Alaska. The Round Mountain open pit mine is located in Nye County, Nevada. The Maricunga open pit mine (formerly known as the Refugio mine) is located approximately 120 kilometers northeast of Copiapo, Chile. The Paracatu open pit mine is located in the State of Minas Gerais, Brazil. The Tasiast mine is an open pit operation located in north-western Mauritania and is over 300 kilometers north of the capital Nouakchott. The Chirano is located in southwestern Ghana, over 100 kilometers southwest of Kumasi, Ghana. It also produces and sells silver.
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