• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 451635 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414766830 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414766830 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Kinross Gold Earnings Review: 17 Days after Announcement Shares Down 2.8% (KGC)

Published on Sat, 03/02/2013 - 09:12
By Adrienne Chilton

When Kinross Gold (NYSE:KGC) reported earnings 17 days ago on February 13th, 2013, analysts, on average, expected the company to report earnings of $0.21 on sales of $1.2 billion. Kinross Gold actually reported earnings of $0.24 per share on sales of $1.2 billion, beating EPS estimates by $0.03 and missing revenue estimates by $13.5 million. Shares of Kinross Gold have slipped from $7.89 to $7.67, representing a loss of 2.8%, since the company reported earnings 17 days ago.

Kinross Gold Corporation is involved in the exploration, development, and production of gold in countries located around the world. The Company currently has operations in the United States, Brazil, Chile, Ecuador and Russia.

Kinross Gold (NYSE:KGC) has potential upside of 51.1% based on a current price of $7.67 and analysts' consensus price target of $11.59. The stock should run into initial resistance at its 50-day moving average (MA) of $8.77 and subsequent resistance at its 200-day MA of $8.99.

Over the past year, Kinross Gold has traded in a range of $7.11 to $11.57 and closed Thursday at $7.67, 8% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.3%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Janus Capital (JNS) Approaches New Upsid...

Shares of Janus Capital (NYSE:JNS) have bullishly opened above the pivot of $14.66 toda ...

Hudson City Bancorp (HCBK) Approaches Ne...

Shares of Hudson City Bancorp (NASDAQ:HCBK) opened today above their pivot of $9.40 and ...

JDS Uniphase (JDSU) Breaks Through Resis...

Shares of JDS Uniphase (NASDAQ:JDSU) have bullishly opened above the pivot of $12.90 to ...

Watch for Shares of Staples (SPLS) to Ap...

Shares of Staples (NASDAQ:SPLS) have bullishly opened above the pivot of $12.48 today a ...

Watch for Shares of Cognizant Technology...

Shares of Cognizant Technology Solutions (NASDAQ:CTSH) have bullishly opened above the ...

Goodyear Tire & Rubber (GT) Crosses Pivo...

Shares of Goodyear Tire & Rubber (NYSE:GT) have bullishly opened above the pivot of $23 ...

Amazon.com (AMZN) Breaks Through Resista...

Shares of Amazon.com (NASDAQ:AMZN) opened today above their pivot of $297.06 and have a ...

Johnson Controls (JCI) Breaks Through Re...

Johnson Controls (NYSE:JCI) has opened bullishly above the pivot of $45.07 today and ha ...