Currently, there are 1.23B common shares owned by the public and among those 1.22B shares have been available to trade.
The company’s stock has a 5-day price change of -2.09% and 35.55% over the past three months. KGC shares are trading 56.31% year to date (YTD), with the 12-month market performance up to 120.88% higher. It has a 12-month low price of $6.42 and touched a high of $15.45 over the same period. KGC has an average intraday trading volume of 22.28 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.46%, 17.67%, and 39.63% respectively.
Institutional ownership of Kinross Gold Corp (NYSE: KGC) shares accounts for 63.95% of the company’s 1.23B shares outstanding.
It has a market capitalization of $17.83B and a beta (3y monthly) value of 0.62. The stock’s trailing 12-month PE ratio is 18.84, while the earnings-per-share (ttm) stands at $0.77. The company has a PEG of 1.41 and a Quick Ratio of 0.74 with the debt-to-equity ratio at 0.21. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.80% over the week and 4.94% over the month.
Analysts forecast that Kinross Gold Corp (KGC) will achieve an EPS of 0.24 for the current quarter, 0.23 for the next quarter and 1.11 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.18 while analysts give the company a high EPS estimate of 0.18. Comparatively, EPS for the current quarter was 0.1 a year ago. Earnings per share for the fiscal year are expected to increase by 55.88%, and 5.58% over the next financial year. EPS should grow at an annualized rate of 13.36% over the next five years, compared to 6.28% over the past 5-year period.
Jefferies coverage for the Kinross Gold Corp (KGC) stock in a research note released on February 29, 2024 offered a Hold rating with a price target of $5. Desjardins was of a view on September 12, 2023 that the stock is Buy, while BofA Securities gave the stock Underperform rating on April 05, 2023, issuing a price target of $4.70. Barclays on their part issued Equal Weight rating on January 30, 2023.
