Kinross Gold Corporation (USA) (NYSE:KGC) has been given a consensus rating of “Hold” by the eighteen analysts that are presently covering the stock, Analyst Ratings.Net reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$6.36. Kinross Gold Corporation (USA) (NYSE:KGC) shares after opening at $4.33 moved to $4.34 on last trade day and at the end of the day closed at $4.23. Company price to sales ratio in past twelve months was calculated as 1.28 and price to cash ratio as 6.57. Kinross Gold Corporation (USA) (NYSE:KGC) showed a positive weekly performance of 1.68%.
Barrick Gold along with its joint venture partner Goldcorp Inc. (USA) (NYSE:GG) completed the sale process of their individual interests in the Nevada based Marigold mine to Silver Standard Resources Inc. The total consideration of the deal amounted $275 million, and since Barrick’s minority stake in the mine was to the tune of 33.3%, therefore, it would have received $86 million out of the transaction. Goldcorp Inc. held 66.7% ownership into the mine. RBC Capital has been engaged a financial advisor for the transaction. Barrick Gold Corporation (USA) (NYSE:ABX) shares advanced 2.40% in last trading session and ended the day on $18.79. ABX return on equity ratio is recorded as -65.60% and its return on assets is -25.00%. Barrick Gold Corporation (USA) (NYSE:ABX) yearly performance is -28.28%.
Yamana Gold (NYSE:AUY) was upgraded by equities researchers at Davy Research from a “neutral” rating to an “outperform” rating in a research report issued on Thursday, Stock Ratings Network.com reports. Yamana Gold Inc. (USA) (NYSE:AUY) shares moved up 1.16% in last trading session and was closed at $8.72, while trading in range of $8.63-$8.78. Yamana Gold Inc. (USA) (NYSE:AUY) year to date performance is 1.63%.
Newmont Mining Corp (NYSE:NEM) has closed its five year amortizing long term loan worth $575 million, proceeds from the loan will be used to repay the company’s convertible debt that is to mature in July 2014. The company has also announced it has renewed its $3 billion corporate revolving credit facility by essentially extending its maturity date by two year to March 31, 2019. The term loan will enable the company repay its 2014 maturities as well as provide the much needed flexibility to reduce outstanding debt in the coming months. Newmont Mining Corp (NYSE:NEM) weekly performance is 6.40%. On last trading day company shares ended up $24.95. Newmont Mining Corp (NYSE:NEM) distance from 50-day simple moving average is 5.48%. Analysts mean target price for the company is $25.36.
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