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 -1.44% away from its 52-week high, while its distance from the 52-week low is 118.47%. The stock’s price range during this period has varied between $7.20 and $15.96. The company, active in the Basic Materials sector, saw a trading volume of around 17.82 million for the day, considerably lower average daily volume of 21.26 million observed over the last three months.
In terms of market performance, Kinross Gold Corp had a somewhat regular.
How Financial Performance Impacts Market Capitalization
Kinross Gold Corp (KGC) has experienced a quarterly rise of 46.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.30B.
The Role of Moving Averages and Trading Volume in Technical Analysis
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 0.17. Similarly, the long-term debt-to-equity ratio is also 0.17.
KGC Stock Price Performance Analysis
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. Until today this year the stock’s price performance recorded an increase of 69.69%. However, over the last six months, the performance has been weaker by 57.61%. The price of KGC increased 10.70% over the last 30 days. And in the last five days, it has surged by 6.93%.
