In today’s recent session, 1.99 million shares of the Kinross Gold Corp (NYSE:KGC) have been traded, and its beta is 1.21. Most recently the company’s share price was $10.40, and it changed around $0.32 or 3.22% from the last close, which brings the market valuation of the company to $12.79B. KGC at last check was trading at a discount to its 52-week high of $10.82, offering almost -4.04% off that amount. The share price’s 52-week low was $4.75, which indicates that the recent value has risen by an impressive 54.33% since then. We note from Kinross Gold Corp’s average daily trading volume that its 10-day average is 14.54 million shares, with the 3-month average coming to 16.46 million.

Kinross Gold Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.18. If we narrow it down even further, the data shows that 1 out of 15 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 3 recommended KGC as a Hold, whereas 6 deemed it a Buy, and 1 rated it as Underweight.

Kinross Gold Corp (NYSE:KGC) trade information

Instantly KGC has been showing a green trend so far today with a performance of 3.22% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.30 on recent trading daydecreased the stock’s daily price by -0.97%. The company’s shares are currently up 71.98% year-to-date, but still up 4.68% over the last five days. On the other hand, Kinross Gold Corp (NYSE:KGC) is 10.11% up in the 30-day period. We can see from the shorts that 11.56 million shares have been sold at a short interest cover period of 0.44 day(s).

The consensus price target as assigned by Wall Street analysts is $11.5, which translates to bulls needing to increase their stock price by 9.57% from its current value. Analyst projections state that KGC is forecast to be at a low of $11 and a high of $12.

Kinross Gold Corp (KGC) estimates and forecasts

Kinross Gold Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 39.10 percent over the past six months and at a 59.09% annual growth rate that is well above the industry average of 19.10%.

Kinross Gold Corp earnings are expected to increase by 67.37% in 2024, but the outlook is positive 31.91% per year for the next five years.

KGC Dividends

Kinross Gold Corp’s next quarterly earnings report is expected to be released in January. The annual dividend yield of the stock is 1.15 percent and its annual dividend per share was 0.12. It is important to note, however, that the 1.15% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.24 per year.

Kinross Gold Corp (NYSE:KGC)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.14% of Kinross Gold Corp shares, and 69.05% of them are in the hands of institutional investors. The stock currently has a share float of 69.14%. Kinross Gold Corp stock is held by 732.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 9.8682% of the shares, which is about 121.21 million shares worth $1.01 billion.

VANGUARD GROUP INC, with 3.7455% or 46.0 million shares worth $382.76 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VanEck ETF Trust-VanEck Gold Miners ETF and Vanguard International Stock Index-Total Intl Stock Indx were the top two Mutual Funds as of Sep 30, 2024. The former held 56.25 shares worth $582.22 million, making up 4.58% of all outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held roughly 17.02 shares worth around $176.18 million, which represents about 1.38% of the total shares outstanding.