Kinross Gold Corporation (NYSE:KGC) moved up 0% and closed its last trading session at $3.92. This Basic Materials Sector stock currently has the Market Capitalization of 4.88 Billion. The Average Volume for the stock is measured as 16.57 Million. The Stock has a 52-Week High of $5.82 and 52-Week Low of $1.31 following the dates, it touched its 52-Week High on May 2, 2016 and 52-Week Low on Jan 19, 2016. Currently, the Return on Assets value for the trailing twelve months is -10.8% with the Return on Equity and Return on Investment of -20.7% and -15.2% respectively. This firm currently has YTD (year to date) performance of 115.38 Percent which is awesome. The Short Ratio for the stock is 0.63.
Kinross Gold Corporation (NYSE:KGC) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.77. The TTM operating margin is -19.3 percent.
Kinross Gold Corporation (NYSE:KGC) is due to report its Earnings on Wed 2 Nov (In 10 Days). The estimated EPS for the current quarter is said to be $0.05. Following Earnings result, share price were UP 14 times out of last 27 Qtrs. The stock has reduced about -21.8% since it reported its last earnings. The Closing price of Kinross Gold Corporation (NYSE:KGC) at Last Earnings was $5.01 as compared to the previous closing price of $3.92. The Predicted Move on the 7th day after Kinross Gold Corporation (NYSE:KGC) will release its earnings at about 5%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Kinross Gold Corporation (NYSE:KGC) beats earnings by 41%, The Stock Missed Earnings 5 times and has met earnings 2 times.
We will discuss the past Quarters Earnings below:
Kinross Gold Corporation (NYSE:KGC) reported its previous quarter on 07/27/2016 where it reported the Actual Earnings of $-0.01. The Closing price before the company posted its earnings was $5.01. The Stock surged on the very next day of earnings and maintained its stock price at $5.03 by showing a % change of 0.4 percent from its previous closing price. The Next Day Volume after Earnings was reported as 18.04 Million. On the 7th day After Earnings Report, the stock hit its share price as $5.43 by showing 8.38% increase from the Stock price Before Earnings were reported.
On 05/10/2016, the stock reported the EPS of $0 where Analysts were projecting the EPS to be $-0.01 showing a difference of $0.01. Thus Surprise Factor was there with 100 percent. Before Earnings Announcement on 05/10/2016, the firm had its stock price of $5.52. And immediately on the next day after earnings announcement, the stock declined -4.89% and closed its trading session at $5.25. On 7th Day after earnings release, Kinross Gold Corporation (NYSE:KGC) dropped to -3.62% from $5.52 to $5.32.
On 02/10/2016, Analysts were suspecting EPS of $-0.05/share where Kinross Gold Corporation (NYSE:KGC) reported its Actual EPS of $-0.06. Thus showing a Surprise of -20 percent. The Closing Price of the stock before earnings was $2.57 while on the Next day the stock closed its trading session at $2.9 with a percentage change of 12.84% from the price of 2.57 before Earnings. The Stock Closing Price on the 7th day of earnings was $2.81.
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It also produces and sells silver. As of December 31, 2015, its proven and probable mineral reserves included 34.0 million ounces of gold, 41.0 million ounces of silver, and 1.4 billion pounds of copper. The company was founded in 1972 and is headquartered in Toronto, Canada.