On Friday, Kinross Gold Corp. (NYSE: KGC) opened lower -2.05% from the last session, before settling in for the closing price of $10.75. Price fluctuations for KGC have ranged from $4.75 to $10.82 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 9.33% over the last five years. Company’s average yearly earnings per share was noted 56.16% at the time writing. With a float of $1.22 billion, this company’s outstanding shares have now reached $1.23 billion.
The firm has a total of 6600 workers. Let’s measure their productivity. 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
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 0.80%, while institutional ownership is 66.37%.
Kinross Gold Corp. (KGC) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (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 56.16% 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 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.86. Likewise, its price to free cash flow for the trailing twelve months is 24.51.
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 0.88 in one year’s time.
Technical Analysis of Kinross Gold Corp. (KGC)
Analysing the last 5-days average volume posted by the [Kinross Gold Corp., KGC], we can find that recorded value of 16.17 million was better than the volume posted last year of 15.25 million. As of the previous 9 days, the stock’s Stochastic %D was 84.87%. Additionally, its Average True Range was 0.30.
During the past 100 days, Kinross Gold Corp.’s (KGC) raw stochastic average was set at 91.99%, which indicates a significant increase from 81.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.46% in the past 14 days, which was lower than the 39.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.51, while its 200-day Moving Average is $7.56. Now, the first resistance to watch is $10.70. This is followed by the second major resistance level at $10.86. The third major resistance level sits at $10.99. If the price goes on to break the first support level at $10.41, it is likely to go to the next support level at $10.28. Should the price break the second support level, the third support level stands at $10.12.
Kinross Gold Corp. (NYSE: KGC) Key Stats
There are currently 1,229,026K shares outstanding in the company with a market cap of 12.94 billion. Presently, the company’s annual sales total 4,240 M according to its annual income of 416,300 K. Last quarter, the company’s sales amounted to 1,220 M and its income totaled 210,900 K.
