Meanwhile, Desjardins began covering KGC with “Buy” recommendation on September 12, 2023. BofA Securities revised its rating on April 05, 2023. It rated KGC as “an Underperform” which previously was an “a Buy”.
Price Performance Review of KGC
On Monday, Kinross Gold Corp [NYSE:KGC] saw its stock jump 0.88% to $14.93. Over the last five days, the stock has gained 3.82%. Kinross Gold Corp shares have risen nearly 61.06% since the year began. Nevertheless, the stocks have risen 132.55% over the past one year. While a 52-week high of $15.34 was reached on 04/21/25, a 52-week low of $6.34 was recorded on 01/02/25. SMA at 50 days reached $12.11, while 200 days put it at $10.26.
Levels Of Support And Resistance For KGC Stock
The 24-hour chart illustrates a support level at 14.65, which if violated will result in even more drops to 14.37. On the upside, there is a resistance level at 15.33. A further resistance level may holdings at 15.74. The Relative Strength Index (RSI) on the 14-day chart is 74.52, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.11%. Stochastics %K at 87.43% indicates the stock is a selling.
How much short interest is there in Kinross Gold Corp?
A steep rise in short interest was recorded in Kinross Gold Corp stocks on 2025-03-31, growing by 2.9 million shares to a total of 12.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.71 million shares. There was a rise of 23.0%, which implies that there is a positive sentiment for the stock.
