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After finishing at $8.58 in the prior trading day, Kinross Gold Corp. (NYSE: KGC) closed at $8.59, up 0.12%. In other words, the price has increased by $0.12 from its previous closing price. On the day, 15.06 million shares were traded. KGC stock price reached its highest trading level at $8.65 during the session, while it also had its lowest trading level at $8.5001.
Ratios:
Our goal is to gain a better understanding of KGC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.20.
BofA Securities Downgraded its Buy to Underperform on April 05, 2023, while the target price for the stock was maintained at $4.70.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KGC now has a Market Capitalization of 10556938240 and an Enterprise Value of 12512209920. As of this moment, Kinross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.53, and their Forward P/E ratio for the next fiscal year is 14.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 2.849 whereas that against EBITDA is 6.659.
Stock Price History:
Over the past 52 weeks, KGC has reached a high of $8.60, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is 12.50%, while the 200-Day Moving Average is calculated to be 41.72%.
Shares Statistics:
The stock has traded on average 16.64M shares per day over the past 3-months and 16165190 shares per day over the last 10 days, according to various share statistics. A total of 1.23B shares are outstanding, with a floating share count of 1.22B. Insiders hold about 0.86% of the company’s shares, while institutions hold 60.63% stake in the company. Shares short for KGC as of 1718323200 were 14730820 with a Short Ratio of 0.89, compared to 1715731200 on 11115672.
Dividends & Splits
In the trailing 12 months, KGC’s forward annual dividend rate was 0.12, compared to 0.12 this year. Against a Trailing Annual Dividend Yield of 0.013986014The stock’s 5-year Average Dividend Yield is 1.24.
Earnings Estimates
The stock of Kinross Gold Corp. (KGC) is currently drawing attention from 9.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.05, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.14, with high estimates of $0.2 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.72 and $0.36 for the fiscal current year, implying an average EPS of $0.53. EPS for the following year is $0.6, with 15.0 analysts recommending between $1.2 and $0.36.
Revenue Estimates
2 analysts predict $1.13B in revenue for the current quarter. It ranges from a high estimate of $1.19B to a low estimate of $1.06B. As of the current estimate, Kinross Gold Corp.’s year-ago sales were $1.09BFor the next quarter, 2 analysts are estimating revenue of $1.22B. There is a high estimate of $1.22B for the next quarter, whereas the lowest estimate is $1.22B.
A total of 13 analysts have provided revenue estimates for KGC’s current fiscal year. The highest revenue estimate was $5B, while the lowest revenue estimate was $4.45B, resulting in an average revenue estimate of $4.7B. In the same quarter a year ago, actual revenue was $4.24BBased on 13 analysts’ estimates, the company’s revenue will be $4.69B in the next fiscal year. The high estimate is $5.63B and the low estimate is $3.86B.
