Kinross Gold KGC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Kinross Gold (KGC) Business Model and Operations Summary
Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.
Key Insights
Kinross Gold (KGC) Core Market Data and Business Metrics
Latest Closing Price
$12.85Market Cap
$15.38 BillionTotal Outstanding Shares
1.23 Billion SharesTotal Employees
6,600Dividend
$0.03 Per Share QuarterlyIPO Date
October 17, 1994Primary Exchange
New York Stock Exchange
Historical Stock Splits
If you bought 3 shares of KGC before February 3, 2003, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| February 3, 2003 | 1-for-3 (Reverse Split) |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 23,497,522 Shares | 1 | 3/14/2025 | 11,889,470 Shares |
| 23,994,509 Shares | 1 | 2/28/2025 | 9,713,651 Shares |
| 23,736,004 Shares | 1 | 2/14/2025 | 10,135,336 Shares |
| 21,466,313 Shares | 1 | 1/31/2025 | 11,514,842 Shares |
| 21,554,873 Shares | 1 | 1/15/2025 | 10,638,582 Shares |
| 15,646,510 Shares | 1 | 12/31/2024 | 7,981,324 Shares |
Historical Dividends
Current dividend: $0.03 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 12, 2025 | Mar 20, 2025 | Mar 5, 2025 | $0.03 | Quarterly |
| Nov 5, 2024 | Dec 12, 2024 | Nov 28, 2024 | $0.03 | Quarterly |
| Jul 31, 2024 | Sep 6, 2024 | Aug 22, 2024 | $0.03 | Quarterly |
| May 7, 2024 | Jun 13, 2024 | May 30, 2024 | $0.03 | Quarterly |
| Feb 14, 2024 | Mar 21, 2024 | Mar 6, 2024 | $0.03 | Quarterly |
| Nov 8, 2023 | Dec 14, 2023 | Nov 30, 2023 | $0.03 | Quarterly |