Kinross Gold Corp. (KGC) Stock: The Story of a 52-Week Stock Range

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Kinross Gold Corp.’s current trading price is -17.81% away from its 52-week high, while its distance from the 52-week low is 53.26%. The stock’s price range during this period has varied between $3.40 and $6.34. The company, active in the Basic Materials sector, saw a trading volume of around 3.72 million for the day, considerably lower average daily volume of 12.68 million observed over the last three months.

Kinross Gold Corp. had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $6.34 on 12/22/23, while the lowest price during the same period was $3.40 on 03/09/23.

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How Financial Performance Impacts Market Capitalization

Kinross Gold Corp. (KGC) has experienced a quarterly decline of -0.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.40B and boasts a workforce of 6400 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.44, with a change in price of -0.04. Similarly, Kinross Gold Corp. recorded 12,631,042 in trading volume during the last 100 days, posting a change of -0.76%.

How KGC’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for KGC stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.40.

KGC Stock Stochastic Average

As of today, the raw stochastic average of Kinross Gold Corp. over the last 50 days is at 0.88%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 1.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 5.99% and 11.43%, respectively.

KGC Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -13.87%. However, over the past six months, we’ve seen a weaker performance of 2.98%. The price of KGC leaped by -7.44% over the last 30 days. And in the last five days, it has fallen by -5.25%.

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