Kinross Gold Corp (NYSE: KGC) Stock Is A Good Option To Consider

Kinross Gold Corp (NYSE:KGC) shares, rose in value, with the stock price up by 1.32% to the previous day’s close as strong demand from buyers drove the stock to $12.68.

Actively observing the price movement in the recent trading, the stock is buoying the session at $12.51, falling within a range of $12.51 and $12.895. The value of beta (5-year monthly) is 1.312 whereas the PE ratio is 16.48 over 12-month period. Referring to stock’s 52-week performance, its high was $12.61, and the low was $5.93. On the whole, KGC has fluctuated by 19.35% over the past month.

With the market capitalization of Kinross Gold Corp currently standing at about $15.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11. The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 0.95%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.53B, with a low estimate of 1.31B and a high estimate of 1.31B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.31B.

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 100% 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 4.34, with the price of KGC currently trading nearly 8.29% and 11.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.85, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 3.68%. Furthermore, Kinross Gold Corp (KGC)’s beta value is 1.15, and its average true range (ATR) is 0.41.

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 1.32% in today’s session so far, and over the past year, it grew by 122.37%%.

Data on historical trading for Kinross Gold Corp (NYSE:KGC) indicates that the trading volumes over the past 10 days have averaged 16.38 and over the past 3 months, they’ve averaged 21.42 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 64.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.71 million shares as on 2025-03-14, resulting in a short ratio of 0.5. The stock has risen by 36.73% 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.

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