NEW YORK (AVAFIN) -- Institutional trading of Kinross Gold Corporation shares yielded a bought/sold volume ratio of 2.56.
A total of 15 block trades crossed the tape, resulting in 205,668
shares on the buy side vs. 80,191 shares on the sell side. From a cash flow perspective,
this implies that there was a cash inflow of $2,239,169 and a cash outflow of $872,333.
The net cash flow for KGC is $1,366,835, demonstrating that institutions may
have positive outlook on the stock.
View all Block Trading Activities
Institutional investors also took positions in options where a total of 54,234 contracts
was traded. Specifically, 50,476 call and 3,758 put contracts were traded during the last
session yielding a 0.07 put/call ratio.
The last trading session witnessed a low of $10.37 and high of $10.78 during the day. Shares of Kinross Gold Corporation
gained $0.14 (+1.32%) to $10.71. The current trading volume of 9M is greater
than average volume of 8M shares. The stock's 52 week low is $9.96 and 52 week high is $18.25. Within the last week, the shares have lost -3.34% of their value.
Kinross Gold Corporation is mainly engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation and worldwide.