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Assenagon Asset Management S.A. expands its holdings in Kinross Gold Co. (NYSE:KGC)

Assenagon Asset Management S.A. expands its holdings in Kinross Gold Co. (NYSE:KGC)

The most recent Form 13F filing with the Securities and Exchange Commission that the company submitted revealed that during the third quarter, Assenagon Asset Management S.A.S.A. increased the percentage of its holdings in Kinross Gold Co. (NYSE: K.G.C.) (T.S.E.: K) by 194.8%. When the most recent financial period came to a close, the fund had a total holding of 48,470 shares of the mining company’s stock. At the end of the most recent fiscal quarter, Assenagon Asset Management S.A.S.A. provided an estimate that determined the value of Kinross Gold to be $184,000,

Institutional investors and hedge funds have bought and sold company shares in recent transactions. These transactions involve the company’s stock. Venture Visionary Partners L.L.C. increased its holdings in Kinross Gold during the second quarter by purchasing a new share for approximately $29,000. This was done to diversify the company’s holdings. Bluefin Capital Management L.L.C. achieved an 11.8% increase in the size of its holdings in Kinross Gold over the second quarter. Bluefin Capital Management L.L.C. now owns a total of 253,870 shares of the mining company’s stock, which have a value of $952,000 thanks to the purchase of 26,770 additional shares during the preceding quarter. Bluefin Capital Management L.L.C.’s holdings increased by this amount. Van E.C.K. Associates Corporation achieved a 71.3% increase in the size of its holdings in Kinross Gold over the second quarter. Following the acquisition of an additional 61,068,468 shares of the mining company’s stock during the most recent quarter, Van E.C.K. Associates Corp. now owns a total of 146,672,975 shares of the company’s stock its holdings in Kinross Gold during the second quarter by purchasing a new share for approximately $29,000. This was done to diversify the company’s holdings. Bluefin Capital Management L.L.C. achieved an 11.8% increase in the size of its holdings in Kinross Gold over the second quarter. Bluefin Capital Management L.L.C. now owns a total of 253,870 shares of the mining company’s stock, which have a value of $952,000 thanks to the purchase of 26,770 additional shares during the preceding quarter. Bluefin Capital Management L.L.C.’s holdings increased by this amount. Van E.C.K. Associates Corporation achieved a 71.3% increase in the size of its holdings in Kinross Gold over the second quarter. After acquiring an additional 61,068,468 shares of the mining company’s stock during the most recent quarter, Van E.C.K. Associates Corp. now owns 146,672,975 shares of the company’s stock. The value of these shares on the market as of right now is $525,083,000. During the second quarter, Aire Advisors L.L.C. achieved an 11.8% increase in the proportion of Kinross Gold stock it owned. Aire Advisors L.L.C. now has a total ownership stake in the mining company equal to 95,000 shares, worth $340,000, after purchasing an additional 10,000 shares during the most recent quarter. During the second quarter, Private Advisor Group L.L.C. spent approximately $47,000 to acquire additional shares of Kinross Gold to bolster its existing holdings in the company. Institutions own 55.58% of the total equity in the company or 55.58% of the total.

Recently, the company has had written communications from several equity specialists.

StockNews.com extended the scope of its coverage on October 12 by adding Kinross Gold to the roster of businesses that it monitors and reports on. They recommended that shareholders “hold” their shares of the company. In a research report that was made public on November 23, Raymond James changed its rating for Kinross Gold from “outperform” to “market perform.” T.D.T.D. Securities lowered their target price for Kinross Gold in a report released on Friday, November 11. The report was about the company’s stock. The “buy” recommendation was issued for the company, and the target price was lowered from $7.00 to $6.00. In a report distributed on November 16, Canaccord Genuity Group lowered their “buy” rating and target price for Kinross Gold, which had previously been set at C$8.00, to C$7.25. Stifel Nicolaus lowered their price target for Kinross Gold from C$10.00 (ten Canadian dollars) to C$9.00 (nine Canadian dollars) in a report that was issued on November 23. The final and most significant adjustment was made here. Five equity research analysts have recommended the stock to buy, while a recommendation to hold the remaining five analysts has been made. According to the data provided by Bloomberg, the typical investment advice for the company is a “Moderate Buy,” and the price target that the majority of analysts have determined is $6.73.

NYSE: K.G.C. shares started the trading day on Thursday for $4.56 each. During the last year and a half, the price of a share of Kinross Gold Co. has ranged from $3.00 to $6.34, with a price of $6.00 serving the average. The company’s price has a moving average of $4.27 over the past 50 days; over the past 200 days, that price has averaged out to $3.76. The company’s market capitalization is $5.64 billion, the price-to-earnings ratio is -11.69, and the beta value is 0.83. A debt-to-equity ratio comes in at 0.40; a quick ratio comes in at 1.28; a current ratio comes in at 2.98; and a quick ratio comes in at 1.28.

Kinross Gold (NYSE: K.G.C.) (T.S.E.:K) released its most recent quarterly earnings report on November 9, making it available to the general public. The mining company’s earnings per share for the quarter came in at $0.05, which came in short of the consensus estimate of $0.06 offered by analysts by a margin of $0.05. The return on equity for Kinross Gold was profitable, coming in at 4.34%, but the company’s net margin was unprofitable, coming in at 15.09%. In question the company reported total revenue of $856.50 million for the period in question. Equity analysts forecast that Kinross Gold Company will produce a profit of $0.22 per share for the current financial year.

In addition, the company announced a quarterly dividend, and on December 15, that dividend was paid out to shareholders. On December 1, 2018, a dividend payment of $0.03 per share was made to shareholders who were recorded as having shares of record on that date. On November 30, the shareholders were each given a dividend payment for their investment in the company. The stock currently has a dividend yield of 2.63%, corresponding to a dividend payment of $0.12 on an annualized basis and a dividend payout. The dividend payout ratio (D.P.R.) for Kinross Gold currently has a negative value, coming in at -30.77 percent.

Most of Kinross Gold Corporation’s gold properties are in the United States of America, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. These countries have been the focus of the company’s acquisition, exploration, and development efforts. In addition, Mauritania holds a prominent position on this list. In addition, it is involved in the production and marketing of silver, the recovery of gold mining properties, the extraction and refining of gold-containing ores, and the production of copper.

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