The stock of Kinross Gold Corp (KGC) has gone up by 4.30% for the week, with a -4.28% drop in the past month and a 15.38% rise in the past quarter. The volatility ratio for the week is 4.29%, and the volatility levels for the past 30 days are 4.11% for KGC. The simple moving average for the last 20 days is 4.69% for KGC stock, with a simple moving average of 21.00% for the last 200 days.
Is It Worth Investing in Kinross Gold Corp (NYSE: KGC) Right Now?
Kinross Gold Corp (NYSE: KGC) has a higher price-to-earnings ratio of 15.12x compared to its average ratio, The 36-month beta value for KGC is at 1.15. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for KGC is 1.22B, and currently, shorts hold a 0.80% of that float. The average trading volume for KGC on March 17, 2025 was 21.52M shares.
KGC) stock’s latest price update
Kinross Gold Corp (NYSE: KGC) has seen a rise in its stock price by 2.02 in relation to its previous close of 11.40. However, the company has experienced a 4.30% gain in its stock price over the last five trading sessions. accessnewswire.com reported 2025-03-13 that Not for dissemination in or into the United States or through U.S. newswires All dollars are Canadian unless otherwise noted VANCOUVER, BC / ACCESS Newswire / March 13, 2025 / Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the “Company” or “Relevant Gold”) is pleased to announce that it has closed tranche 2 (“Tranche 2”) of its previously announced non-brokered private placement (see news releases dated Feb. 21, 2025 and Feb. 28, 2025) consisting of 23,527,333 common shares (“Common Shares”) at a price of $0.30 per Common Share for gross proceeds of $7,058,199.90 and together with the first tranche which closed on February 28, 2025 an aggregate of 28,447,333 Common Shares for aggregate gross proceeds of $8,534,199.90 (the “Offering”). In connection with Tranche 2, the Company entered into subscription agreements dated February 28, 2025 with each of Kinross Gold Corporation (“Kinross”) (NYSE:KGC, TSX:K) and Mr.
Analysts’ Opinion of KGC
Many brokerage firms have already submitted their reports for KGC stocks, with Jefferies repeating the rating for KGC by listing it as a “Hold.” The predicted price for KGC in the upcoming period, according to Jefferies is $5 based on the research report published on February 29, 2024 of the previous year 2024.
BofA Securities gave a rating of “Underperform” to KGC, setting the target price at $4.70 in the report published on April 05th of the previous year.
KGC Trading at 6.20% from the 50-Day Moving Average
After a stumble in the market that brought KGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.33% of loss for the given period.
Volatility was left at 4.11%, however, over the last 30 days, the volatility rate increased by 4.29%, as shares surge +1.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.83% upper at present.
During the last 5 trading sessions, KGC rose by +4.30%, which changed the moving average for the period of 200-days by +44.11% in comparison to the 20-day moving average, which settled at $11.11. In addition, Kinross Gold Corp saw 25.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KGC
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.4 for the gross margin
The net margin for Kinross Gold Corp stands at 0.18. The total capital return value is set at 0.15. Equity return is now at value 14.66, with 8.86 for asset returns.
Based on Kinross Gold Corp (KGC), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 1.64. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 30.32.
Currently, EBITDA for the company is 2.6 billion with net debt to EBITDA at 0.31. When we switch over and look at the enterprise to sales, we see a ratio of 2.94. The receivables turnover for the company is 97.79for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.91.
Conclusion
In conclusion, Kinross Gold Corp (KGC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
