Kinross Gold Corp (NYSE:KGC) shares, rose in value, with the stock price down by -1.10% to the previous day’s close as strong demand from buyers drove the stock to $11.28.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.41, falling within a range of $11.18 and $11.42. The value of beta (5-year monthly) is 1.249 whereas the PE ratio is 14.67 over 12-month period. Referring to stock’s 52-week performance, its high was $12.28, and the low was $4.75. On the whole, KGC has fluctuated by 5.86% over the past month.
With the market capitalization of Kinross Gold Corp currently standing at about $13.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 1.06%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KGC’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 38.61, with the price of KGC currently trading nearly -0.03% and 8.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.99, while the 7-day volatility ratio is showing 3.41% which for the 30-day chart, stands at 3.34%. Furthermore, Kinross Gold Corp (KGC)’s beta value is 1.29, and its average true range (ATR) is 0.40.
A comparison of Kinross Gold Corp (KGC) with its peers suggests the former has fared considerably weaker in the market. KGC showed an intraday change of -1.10% in today’s session so far, and over the past year, it grew by 127.52%%.
Data on historical trading for Kinross Gold Corp (NYSE:KGC) indicates that the trading volumes over the past 10 days have averaged 23.54 and over the past 3 months, they’ve averaged 18.89 million. According to company’s latest data on outstanding shares, there are 1.23 billion shares outstanding.
Nearly 0.64% of Kinross Gold Corp’s shares belong to company insiders and institutional investors own 63.09% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.51 million shares as on 2025-01-31, resulting in a short ratio of 0.55. The stock has risen by 21.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KGC stock heading into the next quarter.
