In the last trading session, 25.18 million shares of the Kinross Gold Corp (NYSE:KGC) were traded, and its beta was 0.64. Most recently the company’s share price was $14.51, and it changed around -$0.2 or -1.36% from the last close, which brings the market valuation of the company to $17.80B. KGC currently trades at a discount to its 52-week high of $15.96, offering almost -9.99% off that amount. The share price’s 52-week low was $7.20, which indicates that the current value has risen by an impressive 50.38% since then. We note from Kinross Gold Corp’s average daily trading volume that its 10-day average is 20.82 million shares, with the 3-month average coming to 21.34 million.
Kinross Gold Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.89. If we narrow it down even further, the data shows that 1 out of 15 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 3 recommended KGC as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Kinross Gold Corp (NYSE:KGC) trade information
Instantly KGC has showed a red trend with a performance of -1.36% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.91 on recent trading dayincreased the stock’s daily price by 2.68%. The company’s shares are currently up 56.53% year-to-date, but still up 3.94% over the last five days. On the other hand, Kinross Gold Corp (NYSE:KGC) is 0.14% up in the 30-day period. We can see from the shorts that 9.48 million shares have been sold at a short interest cover period of 0.43 day(s).
The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to increase their stock price by 6.39% from its current value. Analyst projections state that KGC is forecast to be at a low of $15 and a high of $16.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.28%. Kinross Gold Corp earnings are expected to increase by 68.82% in 2025, but the outlook is positive 15.81% per year for the next five years.
KGC Dividends
Kinross Gold Corp’s next quarterly earnings report is expected to be released on 2025-May-05. The annual dividend yield of the stock is 0.83 percent and its annual dividend per share was 0.12. It is important to note, however, that the 0.83% 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 67.82% of them are in the hands of institutional investors. The stock currently has a share float of 67.91%. Kinross Gold Corp stock is held by 801.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 9.8625% of the shares, which is about 121.21 million shares worth $1.01 billion.
VANGUARD GROUP INC, with 3.7433% 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 John Hancock Funds III-John Hancock Disciplined Value Fund were the top two Mutual Funds as of Apr 30, 2025 . The former held 41.8 shares worth $606.54 million, making up 3.40% of all outstanding shares. On the other hand, John Hancock Funds III-John Hancock Disciplined Value Fund held roughly 19.5 shares worth around $282.97 million, which represents about 1.58% of the total shares outstanding.
