Kinross Gold Corp (NYSE:KGC) shares, rose in value on Wednesday, June 18, with the stock price down by -0.58% to the previous day’s close as strong demand from buyers drove the stock to $15.52.
Actively observing the price movement in the last trading, the stock closed the session at $15.61. The PE ratio was 15.82 over 12-month period. Referring to stock’s 52-week performance, its high was $15.96, and the low was $7.33. On the whole, KGC has fluctuated by 11.17% over the past month.
With the market capitalization of Kinross Gold Corp currently standing at about $19.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06. The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 0.77%.
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 0.88, with the price of KGC currently trading nearly 2.46% and 5.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.17, while the 7-day volatility ratio is showing 1.28% which for the 30-day chart, stands at 2.03%. Furthermore, Kinross Gold Corp (KGC)’s beta value is 0.63, and its average true range (ATR) is 0.45.
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 -0.58% in last session, and over the past year, it grew by 109.45%%.
Data on historical trading for Kinross Gold Corp (NYSE:KGC) indicates that the trading volumes over the past 3 months, they’ve averaged 21.21 million. According to company’s latest data on outstanding shares, there are 1.23 billion shares outstanding.
Nearly 0.62% of Kinross Gold Corp’s shares belong to company insiders and institutional investors own 63.68% of the company’s shares. The stock has risen by 67.42% 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.
