Kinross traded at 39.03 this Friday May 15th, decreasing 3.38 or 7.97 percent since the previous trading session. Looking back, over the last four weeks, Kinross lost 16.01 percent. Over the last 12 months, its price rose by 103.39 percent. Looking ahead, we forecast Kinross to be priced at 38.22 by the end of this quarter and at 35.88 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kinross Gold Corporation is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company's segments include Fort Knox, Round Mountain, Bald Mountain, Paracatu, Kupol, Tasiast and Chirano. Its projects include Tasiast 24k, Chulbatkan-Udinsk, Alaska projects and La Coipa Restart and Lobo-Marte. The Company's gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. Gold is produced in the form of dore, which is shipped to refineries for final processing. The Company also produces and sells a quantity of silver.