On November 20, 2023, Kinross Gold Corp. (NYSE: KGC) opened at $5.25, remained unchanged from the last session. During the day, the shares moved up to $5.33 and dropped to $5.18 before settling in for the closing price of $5.32. Price fluctuations for KGC have ranged from $3.40 to $5.60 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 4.24%. Company’s average yearly earnings per share was noted 78.75% at the time writing. With a float of $1.22 billion, this company’s outstanding shares have now reached $1.22 billion.
Considering the fact that the conglomerate employs 6400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +19.85, operating margin of +10.08, and the pretax margin is +3.09.
Kinross Gold Corp. (KGC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Kinross Gold Corp. is 0.97%, while institutional ownership is 56.09%.
Kinross Gold Corp. (KGC) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted $0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.1) by $0.02. This company achieved a net margin of +0.92 while generating a return on equity of 0.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 78.75% per share during the next fiscal year.
Kinross Gold Corp. (NYSE: KGC) Trading Performance Indicators
Check out the current performance indicators for Kinross Gold Corp. (KGC). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56. Likewise, its price to free cash flow for the trailing twelve months is 15.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.39 in one year’s time.
Technical Analysis of Kinross Gold Corp. (KGC)
Compared to the last year’s volume of 12.55 million, its volume of 11.34 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.52%. Additionally, its Average True Range was 0.19.
During the past 100 days, Kinross Gold Corp.’s (KGC) raw stochastic average was set at 78.13%, which indicates a significant increase from 41.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.87% in the past 14 days, which was higher than the 36.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.08, while its 200-day Moving Average is $4.80. Nevertheless, the first resistance level for the watch stands at $5.37 in the near term. At $5.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.52. If the price goes on to break the first support level at $5.22, it is likely to go to the next support level at $5.13. Now, if the price goes above the second support level, the third support stands at $5.07.
Kinross Gold Corp. (NYSE: KGC) Key Stats
There are currently 1,227,699K shares outstanding in the company with a market cap of 6.53 billion. Presently, the company’s annual sales total 3,455 M according to its annual income of -605,200 K. Last quarter, the company’s sales amounted to 1,102 M and its income totaled 109,700 K.