NEW YORK (AVAFIN) -- Options traders were heavily trading call contracts during the last trading session establishing a
new 3-month call volume record. A total of 4,298 put and 28,081 calls were traded where call
contracts outnumbered puts 6.5:1, yielding a 0.15 ratio.
Investors use options to manage risk and to speculate on price changes. Options can provide
significant leverage if the stock moves in the right direction but aslo end up worthless if it
doesn't.
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.
Shares of Kinross Gold Corporation gained $0.12 (+1.54%) to $7.92. The last trading session witnessed a
low of $7.73 and high of $8.04 during the day. The current trading volume of 9M is greater
than average volume of 8M shares. KGC is trading below the 50 day moving average
and lower than the 200 day moving average. The stock's 52 week low is $7.11 and 52 week high is $11.20. To date, the stock has lost -5.11% within the last month.
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