The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 6.94%. However, over the past six months, we’ve seen a weaker performance of 20.48%. The price of KGC fallen by 13.11% over the last 30 days. And in the last five days, it has surged by 0.94%.
The stock market performance of Kinross Gold Corp. has been very steady. Over the last year, the company’s stock hit its highest at $6.82 on 04/19/24, while the lowest price during the same time frame was $4.32, recorded on 10/03/23.
52-week price history of KGC Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Kinross Gold Corp.’s current trading price is -5.06% away from its 52-week high, while its distance from the 52-week low is 49.77%. The stock’s price range for this period has been between $4.32 and $6.82. The Basic Materials sector company’s shares saw a trading volume of about 22.2 million for the day, which was higher than the average daily volume of 14.79 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Kinross Gold Corp. (KGC) has experienced a quarterly rise of 18.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.95B.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.72, with a change in price of +0.76. Similarly, Kinross Gold Corp. recorded 14,480,995 in trading volume during the last 100 days, posting a change of +13.31%.
KGC’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
As of today, the raw stochastic average of Kinross Gold Corp. over the past 50 days is 83.29%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 69.87%. Additionally, the Stochastic %K and %D values for the company were 80.13% and 76.87%, respectively, over the past 20 days.
