The price of Kinross Gold Corp. (NYSE:KGC) shares last traded on Wall Street rose 0.18% to $5.70.
KGC stock price is now 6.16% away from the 50-day moving average and 9.27% away from the 200-day moving average. The market capitalization of the company currently stands at $7.00B.
, while ‘BofA Securities’ rates the stock as ‘Underperform’
A total of 0.98% of the company’s stock is owned by insiders.
During the past 12 months, Kinross Gold Corp. has had a low of $4.22 and a high of $6.34. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 2.47, and a quick ratio of 0.79. The fifty day moving average price for KGC is $5.37 and a two-hundred day moving average price translates $5.22 for the stock.
The latest earnings results from Kinross Gold Corp. (NYSE: KGC) was released for Dec, 2023. According to the Gold Company, earnings per share came in at $0.11, beating analysts’ expectations of $0.1 by 0.01. This compares to $0.05 EPS in the same period last year. The net profit margin was 9.82% and return on equity was 6.99% for KGC. The company reported revenue of $1.1 billion for the quarter, compared to $856.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.71 percent. For the current quarter, analysts expect KGC to generate $944M in revenue.
Kinross Gold Corp.(KGC) Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.
