Stock In Spotlight: Kinross Gold Corporation (NYSE:KGC)


Kinross Gold Corporation (NYSE:KGC) closed its last session at $4.27. The stock traded within a range of $3.91 and $4.30. The company operates in the Basic Materials sector with a market capitalization of 5.43 Million. Trading volume for Kinross Gold Corporation was 21.41 Million in its previous trading session. Currently, Kinross Gold Corporation (NYSE:KGC) has an average volume of 9.39 Million.

Company Profile

Kinross Gold Corporation is a gold mining company. The Company’s mines are located in the regions of South America, North America, West Africa and Russia. Kinross Gold Corporation is based in Toronto, Canada.

Analyst Views

Kinross Gold Corporation (NYSE:KGC) received a Buy rating from 5 analysts. 2 analysts gave its stock an Outperform rating. 6 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Kinross Gold Corporation (NYSE:KGC) touched its 1-Year High price of $4.91 on 09/07/17 and its 1-Year Low price of $3.15 on 03/15/17.

EPS & Financials

Kinross Gold Corporation (NYSE:KGC) reported its EPS in the last quarter as $0.01/Share lagging the analyst estimate of $0.03/Share by a difference of $-0.02. This showed a surprise of -66.7% in the last quarter earnings.

For the current quarter, 10 analysts are projecting a mean EPS of $0.03/share. According to their observations and findings, the stock could provide a high EPS of $0.05/share and a low EPS of $0.01/share.

Analysts believe that the company has the potential to earn average revenue of $825.02 Million for the current quarter. According to their predictions high & low revenue estimates are 878.48 Million and 780.68 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Kinross Gold Corporation (NYSE:KGC) has a 20-Day average volume of 10.64 Million. According to today’s trading volume Kinross Gold Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 17.82 Percent and Institutional ownership of 69.9 Percent. The return on assets stands at 1.4%, Return on Equity currently is 2.6% and the Return on Investment value is -0.1%.

Kinross Gold Corporation (NYSE:KGC) gross margin percentage stands at 19.3% while its operating margin for the past trailing twelve month is 8.7 percent and its overall profit margin (ttm) is 3.3 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 1.2% with a 50-Day Simple Moving Average of 1.9 percent. As of today, the company has a SMA200 (200-day simple moving average) of 1.61 Percent. The Stock has YTD (year to date) performance of -1.16 percent.

The TTM operating margin for the company stands at 8.7%. The return on invested capital is at -0.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 70.57.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 1.61%, and has a solid year to date (YTD) performance of -1.16% which means that the stock is constantly adding to its value from the previous fiscal year end price.