On Friday, Shares of Kinross Gold Corporation (NYSE: KGC) showed the bullish trend with a higher momentum of 2.45 percent and ended its trading session at $3.76. The company traded total volume of 6.34M shares as contrast to its average volume of 8.01M shares. The company has a market value of $4.48B and about 1.22B shares outstanding. During the 52-week trading session, the minimum price at which share price traded was registered at $3.48 and reached the max level of $4.91.
Kinross Gold Corp. (KGC) stated first-quarter net income of $106.10M. On a per-share basis, the Toronto-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring costs, came to 10 cents per share. The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The gold mining company posted revenue of $897.20M in the period.
The Company offered net profit margin of 12.20 percent while its gross profit margin was 25.40 percent. ROE was recorded as 9.30 percent while beta factor was 0.19. The stock, as of recent close, has shown the weekly upbeat performance of 1.08 percent which was maintained at -12.96 percent in this year.