Kinross Gold (TSE:K) Reaches New 52-Week High at $5.42

Kinross Gold Co. (TSE:K) (NYSE:KGC)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$5.42 and last traded at C$5.40, with a volume of 2052055 shares traded. The stock had previously closed at C$5.27.

Several equities research analysts have recently commented on the company. Canaccord Genuity lowered ProMetic Life Sciences to a “hold” rating in a research note on Tuesday, April 23rd. National Bank Financial lowered Detour Gold to a “hold” rating in a research note on Friday, June 28th.

The company has a debt-to-equity ratio of 41.71, a quick ratio of 1.01 and a current ratio of 3.02. The stock’s 50 day moving average is C$4.90. The company has a market capitalization of $6.59 billion and a PE ratio of -104.04.

Kinross Gold (TSE:K) (NYSE:KGC) last posted its earnings results on Tuesday, May 7th. The company reported C$0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.07. The company had revenue of C$1.05 billion during the quarter, compared to analysts’ expectations of C$1.08 billion. As a group, research analysts forecast that Kinross Gold Co. will post 0.13 EPS for the current fiscal year.

About Kinross Gold (TSE:K)

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.

Featured Story: Understanding Market Liquidity

Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.