Kinross Gold Corp.: A Comprehensive Look at the Stock’s Ups and Downs

Currently, the stock price of Kinross Gold Corp. (KGC) is $5.15. In the most recent trading session, the stock underwent a significant upswing, peaking at $5.18 after opening at $5.05. The stock touched a low of $5.03 before closing at $5.12.

In terms of market performance, Kinross Gold Corp. had a somewhat regular. The highest value for the stock in the past year was $5.57 on 05/10/23, while the lowest value was $3.30 on 10/19/22.

52-week price history of KGC Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Kinross Gold Corp.’s current trading price is -7.46% away from its 52-week high, while its distance from the 52-week low is 56.06%. The stock’s price range for this period has remained between $3.30 and $5.57. The Basic Materials sector company’s shares managed to surpass a trading volume of around 9.89 million for the day, which was noticeably lower compared to the shares’ average daily volume of 9.93 million over the last three months.

Financial Performance and Market Capitalization

Kinross Gold Corp. (KGC) has experienced a quarterly decline of -0.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.32B and boasts a workforce of 6400 employees.

Analysts’ Ratings For Kinross Gold Corp.

As of right now, 9 analysts are rating Kinross Gold Corp. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.85, with a change in price of +0.10. Similarly, Kinross Gold Corp. recorded 10,034,588 in trading volume during the last 100 days, posting a change of +1.98%.

KGC Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for KGC stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.33.

KGC Stock Stochastic Average

As of today, the raw stochastic average of Kinross Gold Corp. over the last 50 days is at 84.69%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 84.69%. Further, the company’s Stochastic %K and %D values for the last 20 days were 74.15% and 65.87%, respectively.

KGC Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 25.92%. However, over the past six months, we’ve seen a stronger performance of -0.19%. The price of KGC leaped by -0.58% over the last 30 days. And in the last five days, it has surged by 8.88%.

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