Shares of Kinross Gold Corporation (KGC) Sees Large Inflow of Net Money Flow

Kinross Gold Corporation (KGC): $3.42 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 1.26. The value of trades done on upticks was $16.69 million, whereas, trades done on downticks were valued at $13.27 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $6.83 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $3.81 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.79 was strongly in favor of the bulls. The money flow in block trades was $3.02 million. Kinross Gold Corporation (KGC) fell $0.25 traded at $5.31, a change of -4.5% over the previous day. The stock is -3.98% for the week.


The company Insiders own 1% of Kinross Gold Corporation shares according to the proxy statements. Institutional Investors own 63.21% of Kinross Gold Corporation shares.

Kinross Gold Corporation has dropped 5.85% in the last five trading days, however, the shares have posted positive gains of 2.51% in the last 4 weeks. Kinross Gold Corporation is up 19.06% in the last 3-month period. Year-to-Date the stock performance stands at 191.76%.

Kinross Gold Corporation (NYSE:KGC): On Tuesdays trading session , Opening price of the stock was $5.52 with an intraday high of $5.64. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.23. However, the stock managed to close at $5.31, a loss of 4.50% for the day. On the previous day, the stock had closed at $5.56. The total traded volume of the day was 18,905,066 shares.

Kinross Gold Corporation is a senior gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Companys segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. Its gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. Its gold is produced in the form of dore, which is shipped to refineries for final processing. It also produces and sells silver.

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