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After finishing at $11.08 in the prior trading day, Kinross Gold Corp (NYSE: KGC) closed at $10.62, down -4.15%. In other words, the price has decreased by -$4.15 from its previous closing price. On the day, 21.71 million shares were traded.
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 21.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
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:
As of this moment, Kinross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.81, and their Forward P/E ratio for the next fiscal year is 12.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 1.90.
Stock Price History:
Over the past 52 weeks, KGC has reached a high of $12.28, while it has fallen to a 52-week low of $4.75. The 50-Day Moving Average of the stock is 0.49%, while the 200-Day Moving Average is calculated to be 12.56%.
Shares Statistics:
A total of 1.23B shares are outstanding, with a floating share count of 1.22B. Insiders hold about 0.64% of the company’s shares, while institutions hold 64.12% stake in the company.
Earnings Estimates
The current market rating for Kinross Gold Corp (KGC) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.21, with high estimates of $0.26 and low estimates of $0.16.
Analysts are recommending an EPS of between $1.15 and $0.63 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $0.83, with 10.0 analysts recommending between $1.01 and $0.42.
Revenue Estimates
1 analysts predict $1.25B in revenue for the current quarter. It ranges from a high estimate of $1.25B to a low estimate of $1.25B. As of the current estimate, Kinross Gold Corp’s year-ago sales were $1.08BFor the next quarter, 1 analysts are estimating revenue of $1.38B. There is a high estimate of $1.38B for the next quarter, whereas the lowest estimate is $1.38B.
A total of 9 analysts have provided revenue estimates for KGC’s current fiscal year. The highest revenue estimate was $5.9B, while the lowest revenue estimate was $4.99B, resulting in an average revenue estimate of $5.51B. In the same quarter a year ago, actual revenue was $5.15BBased on 8 analysts’ estimates, the company’s revenue will be $5.42B in the next fiscal year. The high estimate is $5.95B and the low estimate is $4.29B.
