Kinross Gold Corporation (KGC) Shares are Down -12.78%

Kinross Gold Corporation (KGC) : During the past 4 weeks, traders have been relatively bearish on Kinross Gold Corporation (KGC), hence the stock is down -16.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -12.2% relative to the S&P 500. The 4-week change in the price of the stock is -16.83% and the stock has fallen -12.78% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 15.83% and the fifty day Moving Average is 16.31%. Kinross Gold Corporation is up 1.65% in the last three month period. Year-to-Date the stock performance stands at 136.26%.

Kinross Gold Corporation (KGC) : The highest level Kinross Gold Corporation (KGC) is projected to reach is $8 for the short term and the lowest estimate is at $3. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $5.6 and the possibility the share price can swing is $1.45.


Kinross Gold Corporation (NYSE:KGC): On Fridays trading session , Opening price of the stock was $4.41 with an intraday high of $4.58. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.2. However, the stock managed to close at $4.3, a loss of 0.92% for the day. On the previous day, the stock had closed at $4.34. The total traded volume of the day was 23,773,397 shares.

Kinross Gold Corporation is a senior gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Companys segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. Its gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. Its gold is produced in the form of dore, which is shipped to refineries for final processing. It also produces and sells silver.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *