Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 61.49%. However, over the past six months, we’ve seen a weaker performance of 31.85%. The price of KGC fallen by 5.17% over the last 30 days. And in the last five days, it has surged by 0.21%.
Kinross Gold Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $10.82 on 10/24/24 and a low of $4.75 for the same time frame on 02/28/24.
52-week price history of KGC Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Kinross Gold Corp’s current trading price is -9.70% away from its 52-week high, while its distance from the 52-week low is 105.68%. The stock’s price range during this time has been between $4.75 and $10.82. The trading volume for the Basic Materials sector company’s shares reached about 14.42 million for the day, which was lower than the average daily volume of 16.46 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Kinross Gold Corp (KGC) has experienced a quarterly rise of 3.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.01B and boasts a workforce of 6600 employees.
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 9.53, with a change in price of +0.92. Similarly, Kinross Gold Corp recorded 15,919,870 in trading volume during the last 100 days, posting a change of +10.40%.
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 0.26. Similarly, the long-term debt-to-equity ratio is also 0.19.
KGC Stock Stochastic Average
Today, Kinross Gold Corp’s raw stochastic average for the past 50 days stands at 37.87%, indicating a decline from the raw stochastic average of the last 20 days, which was 42.03%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 68.41% and 77.52% respectively.
