Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Kinross Gold Corp.’s current trading price is -2.89% away from its 52-week high, while its distance from the 52-week low is 47.69%. The stock’s price range over this period has fluctuated between $4.32 and $6.57. The company, operating within the financial sector, had a trading volume of approximately 27.38 million for the day, which was noticeably higher than the average daily share volume of 14.01 million over the last 3 months.
In terms of market performance, Kinross Gold Corp. had a fairly even. The highest value for the stock in the past year was $6.57 on 04/12/24, and the lowest value was recorded at $4.32 on 10/03/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Kinross Gold Corp. (KGC) has experienced a quarterly rise of 13.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.84B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.66, with a change in price of +0.95. Similarly, Kinross Gold Corp. recorded 13,864,839 in trading volume during the last 100 days, posting a change of +17.50%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today’s raw stochastic average for Kinross Gold Corp. over the last 50 days is 79.13%.This indicates a increase from the raw stochastic average of the past 20 days, which was 68.61%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 81.28% and 85.66%, respectively.
KGC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 5.45%. However, over the past six months, we’ve seen a weaker performance of 29.15%. The price of KGC fallen by 11.73% over the last 30 days. And in the last five days, it has fallen by -0.31%.
