Market Insights: Kinross Gold Corp. (KGC)’s Notable Drop of -5.19, Closing at 7.67

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

As of close of business last night, Kinross Gold Corp.’s stock clocked out at $7.67, down -5.19% from its previous closing price of $8.09. In other words, the price has decreased by -$5.19 from its previous closing price. On the day, 20.77 million shares were traded. KGC stock price reached its highest trading level at $7.985 during the session, while it also had its lowest trading level at $7.61.


To gain a deeper understanding of KGC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.25. 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 9952591872 and an Enterprise Value of 11382429696. As of this moment, Kinross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.90, and their Forward P/E ratio for the next fiscal year is 13.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 2.592 whereas that against EBITDA is 6.058.

Stock Price History:

Over the past 52 weeks, KGC has reached a high of $8.27, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is 10.62%, while the 200-Day Moving Average is calculated to be 33.91%.

Shares Statistics:

It appears that KGC traded 16.73M shares on average per day over the past three months and 16563130 shares per day over the past ten days. A total of 1.23B shares are outstanding, with a floating share count of 1.22B. Insiders hold about 0.73% of the company’s shares, while institutions hold 60.85% stake in the company. Shares short for KGC as of 1715731200 were 11115672 with a Short Ratio of 0.66, compared to 1713139200 on 11509177.

Dividends & Splits

With its trailing 12-month dividend rate of 0.12, KGC has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 0.014833127The stock’s 5-year Average Dividend Yield is 1.24.

Most Popular