On Tuesday, Kinross Gold Corp (NYSE: KGC) opened lower -0.17% from the last session, before settling in for the closing price of $11.98. Price fluctuations for KGC have ranged from $6.20 to $12.90 over the past 52 weeks.
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
Annual sales at Basic Materials sector company grew by 11.85% over the past five years. Company’s average yearly earnings per share was noted 41.73% at the time writing. With a float of $1.22 billion, this company’s outstanding shares have now reached $1.23 billion.
In terms of profitability, gross margin is 39.74%, operating margin of 29.53%, and the pretax margin is 28.78%.
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 0.62%, while institutional ownership is 63.51%.
Kinross Gold Corp (KGC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.70% during the next five years compared to 6.28% growth over the previous five years of trading.
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 0.74. 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 11.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.03 in one year’s time.
Technical Analysis of Kinross Gold Corp (KGC)
Kinross Gold Corp (NYSE: KGC) saw its 5-day average volume 25.69 million, a positive change from its year-to-date volume of 21.88 million. As of the previous 9 days, the stock’s Stochastic %D was 41.26%. Additionally, its Average True Range was 0.58.
During the past 100 days, Kinross Gold Corp’s (KGC) raw stochastic average was set at 76.03%, which indicates a significant increase from 47.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.29% in the past 14 days, which was lower than the 41.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.64, while its 200-day Moving Average is $10.00. Nevertheless, the first resistance level for the watch stands at $12.41 in the near term. At $12.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.14. If the price goes on to break the first support level at $11.68, it is likely to go to the next support level at $11.39. Assuming the price breaks the second support level, the third support level stands at $10.95.
Kinross Gold Corp (NYSE: KGC) Key Stats
There are currently 1,230,444K shares outstanding in the company with a market cap of 14.72 billion. Presently, the company’s annual sales total 5,149 M according to its annual income of 948,800 K. Last quarter, the company’s sales amounted to 1,416 M and its income totaled 275,600 K.
