In the last trading session, 12.14 million Kinross Gold Corp. (NYSE:KGC) shares changed hands as the company’s beta touched 1.18. With the company’s per share price at $6.75 changed hands at $0.16 or 2.43% during last session, the market valuation stood at $8.30B. KGC’s last price was a discount, traded about -1.78% off its 52-week high of $6.87. The share price had its 52-week low at $4.32, which suggests the last value was 36.0% up since then. When we look at Kinross Gold Corp.’s average trading volume, we note the 3-month average coming to 15.60 million.
Kinross Gold Corp. (NYSE:KGC) trade information
Instantly KGC was in green as seen at the end of in last trading. With action -1.32%, the performance over the past five days has been red. The jump to weekly highs of 6.82 added 2.43% to the stock’s daily price. The company’s shares are showing year-to-date upside of 11.57%, with the 5-day performance at -1.32% in the red. However, in the 30-day time frame, Kinross Gold Corp. (NYSE:KGC) is 5.47% up.
Kinross Gold Corp. (KGC) estimates and forecasts
Data shows that the Kinross Gold Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 27.36% over the past 6 months, a -9.09% in annual growth rate that is considerably lower than the industry average of 14.50%. Year-over-year growth is forecast to reach 2.00% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 987.95M. 1 analysts are of the opinion that Kinross Gold Corp.’s revenue for the current quarter will be 1.16B. The company’s revenue for the corresponding quarters a year ago was 973.62M and 1.09B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.50%. The estimates for the next quarter sales put growth at 6.40%.
The 2024 estimates are for Kinross Gold Corp. earnings to decrease by -2.49%.
KGC Dividends
Kinross Gold Corp. is expected to release its next quarterly earnings report in June. The 1.78% annual yield figure for the share gives it an annual dividend of 0.12. It is important to note, however, that the 1.78% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
