Kinross Gold Corp (NYSE:KGC) has a beta value of 0.63 and has seen 2.52 million shares traded in the recent trading session. The company, currently valued at $19.47B, closed the recent trade at $21430000.0 per share which meant it gained $21429984.52 on the day or 2521107% during that session. The KGC stock price is 100.0% off its 52-week high price of $15.96 and 100.0% above the 52-week low of $7.49. If we look at the company’s 10-day average daily trading volume, we find that it stood at 22.24 million shares traded. The 3-month trading volume is 21.43 million shares.
The consensus among analysts is that Kinross Gold Corp (KGC) is Buy stock at the moment, with a recommendation rating of 1.95. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
Kinross Gold Corp (NYSE:KGC) trade information
Over the past 30 days, the shares of Kinross Gold Corp (NYSE:KGC) have changed 8.40%. Short interest in the company has seen 11.78 million shares shorted with days to cover at 0.61.
Wall Street analysts have a consensus price target for the stock at $15.5, which means that the shares’ value could drop -138257964.52% from the levels at last check today.. The projected low price target is $15.0 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Kinross Gold Corp (KGC) estimates and forecasts
The company’s shares have gained 65.83% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.28% over the past 5 years. Earnings growth for 2025 is a modest 73.24% while over the next 5 years, the company’s earnings are expected to increase by 18.04%.
KGC Dividends
Kinross Gold Corp is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.12 at a share yield of 0.76%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.24%.
Kinross Gold Corp (NYSE:KGC)’s Major holders
Insiders own 0.14% of the company shares, while shares held by institutions stand at 68.09% with a share float percentage of 68.19%. Investors are also buoyed by the number of investors in a company, with Kinross Gold Corp having a total of 808.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 121.21 million shares worth more than $1.01 billion. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.8625% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 46.0 million shares as of 2024-06-30. The firm’s total holdings are worth over $382.76 million and represent 3.7433% of shares outstanding.
