Home  »  Finance   »  Kinross Gold Corporation (KGC) Analysis & For...

Kinross Gold Corporation (KGC) Analysis & Forecast for 2023

Kinross Gold Corporation (NYSE: KGC) is -6.60% lower on its value in year-to-date trading and has touched a low of $3.00 and a high of $6.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KGC stock was last observed hovering at around $3.79 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $5.25 for the next 12 months. It is also 47.89% off the consensus price target high of $7.33 offered by 17 analysts, but current levels are -9.14% lower than the price target low of $3.50 for the same period.

Currently trading at $3.82, the stock is 2.30% and -9.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.24 million and changing 0.79% at the moment leaves the stock -1.52% off its SMA200. KGC registered -32.15% loss for a year compared to 6-month gain of 7.30%.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".


The stock witnessed a -8.83% loss in the last 1 month and extending the period to 3 months gives it a -9.26%, and is 9.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.89% over the week and 3.24% over the month.

Kinross Gold Corporation (KGC) has around 8970 employees, a market worth around $4.69B and $3.46B in sales. Current P/E ratio is 181.90 and Fwd P/E is 11.94. Profit margin for the company is -17.50%. Distance from 52-week low is 27.33% and -39.75% from its 52-week high. The company has generated returns on investments over the last 12 months (1.40%).

Kinross Gold Corporation (KGC) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Kinross Gold Corporation (KGC) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 2.30, where 8 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Kinross Gold Corporation is expected to release its quarterly report on 05/09/2023.The EPS is expected to shrink by -86.10% this year.

Kinross Gold Corporation (KGC) Top Institutional Holders

The shares outstanding are 1.26B, and float is at 1.24B with Short Float at 1.08%.

Kinross Gold Corporation (KGC) Insider Activity

A total of 111 insider transactions have happened at Kinross Gold Corporation (KGC) in the last six months, with sales accounting for 15 and purchases happening 96 times.

Kinross Gold Corporation (KGC): Who are the competitors?

The company’s main competitors (and peers) include Hecla Mining Company (HL) that is trading -18.04% down over the past 12 months.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts