Is This The Best Time To Buy Kinross Gold Corp (NYSE: KGC) Stock?

Kinross Gold Corp (NYSE:KGC) traded at $15.12 at last check on current trade day and made an upward move of 1.27% on its previous day’s price.

Looking at the stock we see that its previous close was $14.93 and the beta (5Y monthly) reads 1.374 with the day’s price range being $14.86 – $15.16. The company has a trailing 12-month PE ratio of 19.66. In terms of its 52-week price range, KGC has a high of $15.45 and a low of $6.34. The company’s stock has gained about 24.34% over that past 30 days.

Kinross Gold Corp has a market cap of $18.60 billion and is expected to release its quarterly earnings report on 2025-Feb-11. With its Forward Dividend at 0.12 and a yield of 0.79%, the company’s investors could be anxious for the KGC stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the KGC stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 7 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Kinross Gold Corp (KGC) stock as a Hold, while 4 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the KGC stock currently stands at 1.47, and the most recent price level today is 13.64% off its SMA20 and 24.15% from its 50-day simple moving average. The RSI (14) is pointing at 75.74 while the volatility over the past week is 3.67% and jumps to 4.47% over the past one month. The beta value is 0.51, while the average true range (ATR) is currently pointing at 0.61. The average price target for the stock over the next 12 months is $15.5, with the estimates having a low of $15 and a high of $16. These price ends are 0.79% and -5.82% off the today’s price level respectively, although investors could be excited at the prospect of a -2.51% if the KGC share price touches on the median price of $15.5.

Coming back to Kinross Gold Corp (NYSE:KGC), we note that the average 3-month trading volume was 21.95 million, while that of the preceding 10-day period stands at 22.5 million. Current shares outstanding are 1.23 billion.

The insiders hold 0.62% of the company’s shares while institutions hold 63.52%. The data shows that short shares as of 2025-03-31, stood at 12.62 million at a short ratio of 0.64. Shares short rose in March from the previous month at 9.71 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 63.11% up in year-to-date price movement.

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