Market Insights: Kinross Gold Corp. (KGC)’s Notable Gain of 2.40, Closing at 7.69

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

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
Sponsored

As of close of business last night, Kinross Gold Corp.’s stock clocked out at $7.69, up 2.40% from its previous closing price of $7.51. In other words, the price has increased by $2.40 from its previous closing price. On the day, 20.8 million shares were traded. KGC stock price reached its highest trading level at $7.775 during the session, while it also had its lowest trading level at $7.53.

Ratios:

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 22.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.31. 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 9450856448 and an Enterprise Value of 11406109696. As of this moment, Kinross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.96, and their Forward P/E ratio for the next fiscal year is 13.61. 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 1.54. Its current Enterprise Value per Revenue stands at 2.597 whereas that against EBITDA is 6.07.

Stock Price History:

The Beta on a monthly basis for KGC is 1.17, which has changed by 0.66811275 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. 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 5.96%, while the 200-Day Moving Average is calculated to be 30.89%.

Shares Statistics:

It appears that KGC traded 16.11M shares on average per day over the past three months and 15453640 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 60.90% stake in the company. Shares short for KGC as of 1715731200 were 11115672 with a Short Ratio of 0.69, 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 0.015978694The stock’s 5-year Average Dividend Yield is 1.24. The current Payout Ratio is 35.55% for KGC, which recently paid a dividend on 2024-05-30 with an ex-dividend date of 1717027200. Stock splits for the company last occurred on 2003-02-03 when the company split stock in a 1:3 ratio.

Most Popular