Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Kinross Gold Corp (NYSE: KGC) closed at $9.03 down -5.64% from its previous closing price of $9.57. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 19.83 million shares were traded. KGC stock price reached its highest trading level at $9.58 during the session, while it also had its lowest trading level at $8.995.
Ratios:
For a deeper understanding of Kinross Gold Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.53. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 11190066176 and an Enterprise Value of 12461472768. As of this moment, Kinross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.10, and their Forward P/E ratio for the next fiscal year is 9.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 2.57 whereas that against EBITDA is 5.491.
Stock Price History:
Over the past 52 weeks, KGC has reached a high of $10.82, while it has fallen to a 52-week low of $4.75. The 50-Day Moving Average of the stock is -9.62%, while the 200-Day Moving Average is calculated to be 7.32%.
Shares Statistics:
For the past three months, KGC has traded an average of 16.41M shares per day and 15961070 over the past ten days. A total of 1.23B shares are outstanding, with a floating share count of 1.22B. Insiders hold about 0.66% of the company’s shares, while institutions hold 60.06% stake in the company. Shares short for KGC as of 1732838400 were 11556831 with a Short Ratio of 0.53, compared to 1730332800 on 12798336.
Dividends & Splits
According to the company, the forward annual dividend rate for KGC is 0.12, from 0.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.012539185The stock’s 5-year Average Dividend Yield is 1.24.