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New Buy Rating for Kinross Gold (KGC), the Basic Materials Giant

Tipranks - Wed Feb 11, 11:14AM CST

Stifel Nicolaus analyst Ralph M. Profiti maintained a Buy rating on Kinross Gold today and set a price target of C$65.00.

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According to TipRanks, M. Profiti is a 5-star analyst with an average return of 41.9% and a 72.67% success rate. M. Profiti covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Alamos Gold, and K92 Mining.

In addition to Stifel Nicolaus, Kinross Gold also received a Buy from TipRanks – OpenAI’s OpenAI Gold in a report issued on February 4. However, on February 3, RBC Capital maintained a Hold rating on Kinross Gold (NYSE: KGC).

The company has a one-year high of C$53.57 and a one-year low of C$14.89. Currently, Kinross Gold has an average volume of 4.56M.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KGC in relation to earlier this year.

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