On Friday, Kinross Gold Corp (NYSE: KGC) opened higher 1.98% from the last session, before settling in for the closing price of $9.07. Price fluctuations for KGC have ranged from $4.75 to $10.82 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 9.33% over the past five years. Company’s average yearly earnings per share was noted 67.69% at the time writing. With a float of $1.22 billion, this company’s outstanding shares have now reached $1.23 billion.
Let’s look at the performance matrix of the company that is accounted for 6600 employees. In terms of profitability, gross margin is 27.71%, operating margin of 24.68%, and the pretax margin is 23.42%.
Kinross Gold Corp (KGC) Insider Updates
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 0.66%, while institutional ownership is 60.02%.
Kinross Gold Corp (KGC) Performance Highlights and Predictions
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 67.69% 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 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.34. Likewise, its price to free cash flow for the trailing twelve months is 12.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.60, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 0.94 in one year’s time.
Technical Analysis of Kinross Gold Corp (KGC)
Kinross Gold Corp (NYSE: KGC) saw its 5-day average volume 20.35 million, a positive change from its year-to-date volume of 15.59 million. As of the previous 9 days, the stock’s Stochastic %D was 7.72%. Additionally, its Average True Range was 0.35.
During the past 100 days, Kinross Gold Corp’s (KGC) raw stochastic average was set at 47.32%, which indicates a significant increase from 16.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.33% in the past 14 days, which was higher than the 44.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.97, while its 200-day Moving Average is $8.45. Nevertheless, the first resistance level for the watch stands at $9.37 in the near term. At $9.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.63. If the price goes on to break the first support level at $9.11, it is likely to go to the next support level at $8.96. Assuming the price breaks the second support level, the third support level stands at $8.85.
Kinross Gold Corp (NYSE: KGC) Key Stats
There are currently 1,229,109K shares outstanding in the company with a market cap of 11.37 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 1,432 M and its income totaled 355,300 K.
