With 17.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 15.58 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $9.68 whereas the lowest price it dropped to was $9.23. The 52-week range on KGC shows that it touched its highest point at $10.82 and its lowest point at $4.75 during that stretch. It currently has a 1-year price target of $12.04. With its current market cap of 15.92 billion, KGC has annualized dividend of $0.12 while the current yield stands at 1.29%. Beta for the stock currently stands at 1.22.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KGC was down-trending over the past week, with a drop of -5.69%, but this was down by -6.45% over a month. Three-month performance surged to 4.26% while six-month performance rose 18.34%. The stock gained 80.39% in the past year, while it has gained 53.55% so far this year. A look at the trailing 12-month EPS for KGC yields 0.60 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.24. This implies an EPS growth rate of 63.96% for this year and 26.46% for next year.
Float and Shares Shorts:
At present, 1.23 billion KGC shares are outstanding with a float of 1.22 billion shares on hand for trading. On 2024-10-31, short shares totaled 12.8 million, which was 104.0 higher than short shares on 1727654400. In addition to Mr. J. Paul Rollinson as the firm’s CEO & Director, Mr. Geoffrey P. Gold serves as its President.
Institutional Ownership:
Through their ownership of 0.66170996 of KGC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, KGC reported revenue of $1432000000.0 and operating income of $537500000.0. The EBITDA in the recently reported quarter was $834000000.0 and diluted EPS was $0.29.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KGC since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With KGC analysts setting a high price target of 13.0 and a low target of 5.8, the average target price over the next 12 months is 10.31875. Based on these targets, KGC could surge 39.94% to reach the target high and fall by -37.57% to reach the target low. Reaching the average price target will result in a growth of 11.07% from current levels.
Analysts have provided yearly estimates in a range of $0.85522 being high and $0.58406 being low. For KGC, this leads to a yearly average estimate of $0.71964. The surprise factor in the prior quarter was $0.14. Based on analyst estimates, the high estimate for the next quarter is $0.82 and the low estimate is $0.56. The average estimate for the next quarter is thus $0.7.
