The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 1.32%.However, over the last six months, we can see a weaker performance of 34.14%. Over the last 30 days, the price of KGC has fallen by 28.24%. And in the last five days, it has surged by 7.17%.
Kinross Gold Corp. experienced a rather steady stock market performance. The highest value in the past year was recorded at $6.34 on 12/22/23 and the lowest value was $4.32 on 10/03/23.
52-week price history of KGC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Kinross Gold Corp.’s current trading price is -3.31% away from its 52-week high, while its distance from the 52-week low is 41.90%. The stock’s price range during this period has varied between$4.32 and $6.34. The Kinross Gold Corp.’s shares, which operate in the Basic Materials, saw a trading volume of around 17.6 million for the day, a figure considerably higher than their average daily volume of 13.02 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Kinross Gold Corp. (KGC) has experienced a quarterly decline of -1.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.53B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.55, with a change in price of +0.83. Similarly, Kinross Gold Corp. recorded 13,371,074 in trading volume during the last 100 days, posting a change of +15.66%.
KGC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for KGC stands at 0.37. Similarly, the long-term debt-to-equity ratio is also 0.37.
KGC Stock Stochastic Average
Kinross Gold Corp.’s raw stochastic average for the past 50 days is presently 98.57%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 98.43%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.95% and 83.28%, respectively.
