Kinross Gold Corp. (NYSE: KGC) kicked off on Tuesday, up 1.52% from the previous trading day, before settling in for the closing price of $10.54. Over the past 52 weeks, KGC has traded in a range of $4.75-$10.82.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 9.33%. While this was happening, its average annual earnings per share was recorded 53.91%. With a float of $1.22 billion, this company’s outstanding shares have now reached $1.23 billion.
Considering the fact that the conglomerate employs 6600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 23.79%, operating margin of 19.46%, and the pretax margin is 18.29%.
Kinross Gold Corp. (KGC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Kinross Gold Corp. is 0.80%, while institutional ownership is 66.88%.
Kinross Gold Corp. (KGC) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.12 earnings per share (EPS), higher than consensus estimate (set at 0.1) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 53.91% per share during the next fiscal year.
Kinross Gold Corp. (NYSE: KGC) Trading Performance Indicators
Take a look at Kinross Gold Corp.’s (KGC) current performance indicators. Last quarter, stock had a quick ratio of 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 24.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.40, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of Kinross Gold Corp. (KGC)
Compared to the last year’s volume of 15.22 million, its volume of 13.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.53%. Additionally, its Average True Range was 0.29.
During the past 100 days, Kinross Gold Corp.’s (KGC) raw stochastic average was set at 96.69%, which indicates a significant increase from 92.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.46% in the past 14 days, which was lower than the 40.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.41, while its 200-day Moving Average is $7.48. Nevertheless, the first resistance level for the watch stands at $10.77 in the near term. At $10.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.93. If the price goes on to break the first support level at $10.61, it is likely to go to the next support level at $10.51. Should the price break the second support level, the third support level stands at $10.45.
Kinross Gold Corp. (NYSE: KGC) Key Stats
The company with the Market Capitalisation of 13.15 billion has total of 1,229,026K Shares Outstanding. Its annual sales at the moment are 4,240 M in contrast with the sum of 416,300 K annual income. Company’s last quarter sales were recorded 1,220 M and last quarter income was 210,900 K.
