A new trading day began on Friday, with Kinross Gold Corp (NYSE: KGC) stock price up 1.96% from the previous day of trading, before settling in for the closing price of $14.77. KGC’s price has ranged from $7.16 to $15.96 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 11.85%. Meanwhile, its annual earnings per share averaged 67.10%. 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 41.95%, operating margin of 29.95%, and the pretax margin is 28.8%.
Kinross Gold Corp (KGC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Kinross Gold Corp is 0.63%, while institutional ownership is 64.46%.
Kinross Gold Corp (KGC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 67.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.73% 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
Here are Kinross Gold Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.33. Likewise, its price to free cash flow for the trailing twelve months is 12.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.23 in one year’s time.
Technical Analysis of Kinross Gold Corp (KGC)
The latest stats from [Kinross Gold Corp, KGC] show that its last 5-days average volume of 24.92 million was superior to 21.88 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.08%. Additionally, its Average True Range was 0.66.
During the past 100 days, Kinross Gold Corp’s (KGC) raw stochastic average was set at 87.08%, which indicates a significant increase from 59.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.47% in the past 14 days, which was higher than the 43.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.04, while its 200-day Moving Average is $10.66. Now, the first resistance to watch is $15.20. This is followed by the second major resistance level at $15.35. The third major resistance level sits at $15.62. If the price goes on to break the first support level at $14.78, it is likely to go to the next support level at $14.51. The third support level lies at $14.36 if the price breaches the second support level.
Kinross Gold Corp (NYSE: KGC) Key Stats
With a market capitalization of 18.53 billion, the company has a total of 1,230,444K Shares Outstanding. Currently, annual sales are 5,149 M while annual income is 948,800 K. The company’s previous quarter sales were 1,416 M while its latest quarter income was 275,600 K.
