Kinross Gold Corp (KGC) is expecting 26.34% growth in the next quarter: What can investors do to maximize their returns?

Steve Mayer

On Tuesday, Kinross Gold Corp (NYSE: KGC) opened higher 0.34% from the last session, before settling in for the closing price of $29.35. Price fluctuations for KGC have ranged from $9.04 to $29.80 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 6.28%. Company’s average yearly earnings per share was noted 154.83% at the time writing. With a float of $1.20 billion, this company’s outstanding shares have now reached $1.21 billion.

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 0.62%, while institutional ownership is 62.96%.

Kinross Gold Corp (KGC) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.19 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.25) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 154.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 56.20% 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 1.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.52. Likewise, its price to free cash flow for the trailing twelve months is 16.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.43, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.47 in one year’s time.

Technical Analysis of Kinross Gold Corp (KGC)

Compared to the last year’s volume of 18.18 million, its volume of 8.57 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.62%.

During the past 100 days, Kinross Gold Corp’s (KGC) raw stochastic average was set at 97.40%, which indicates a significant increase from 89.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.01 in the past 14 days, which was higher than the 0.83 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $25.87, while its 200-day Moving Average is $19.16. Nevertheless, the first resistance level for the watch stands at $29.81 in the near term. At $30.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.55. If the price goes on to break the first support level at $29.07, it is likely to go to the next support level at $28.68. Should the price break the second support level, the third support level stands at $28.33.

Kinross Gold Corp (NYSE: KGC) Key Stats

There are currently 1,203,515K shares outstanding in the company with a market cap of 35.55 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 1,802 M and its income totaled 584,900 K.

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