Kinross Gold PT receives Investment Bank Analyst Rating Update
By Davit Kirakosyan Like dividends, share repurchases are a way companies can return excess cash to shareholders. Buying back stocks in the open market not only helps support the...
Kinross Gold Corporation (NYSE: KGC) shares are trading higher by 7.45% to $3.54 Monday morning after the company announced a new share buyback program for up to $300 million. What...
Kinross Gold Corporation is a global senior gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, extraction, and processing of gold-containing ore, and reclamation of gold mining properties. The Company has its operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Paracatu, Tasiast and Great Bear. The Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. The Round Mountain is an open-pit mine located in Nevada. The Bald Mountain is an open-pit mine with a large estimated mineral resource base located in Nevada. The Company's Paracatu is an open-pit mine with ore processed in a ball and semi-autogenous grinding (SAG) mills. The La Coipa mine, located in the Atacama region in Chile. The Great Bear project is located in Red Lake, Ontario.
|Average||5.615 (+49.34% Upside)|
|No. of Analysts||17|