Finance

Gold Stock to Watch: Kinross Gold Corporation (USA) (NYSE:KGC)

Over the last trading session, the Kinross Gold Corporation (USA) (NYSE:KGC) stock rose from its previous 52-week high, when it was at $3.99. The stock was trading at above-average volume, at 9.762 million shares. That amount was a price gain of +6.98%. Its share price decreased -22.03%, where it has been for the last three months. As of its last close, it was at -7.78% under its 50-day moving average. The Kinross Gold Corporation (USA) (NYSE:KGC) stock was also -27.28% under its 200-day moving average. Regarding the core PCE price index, it is up 1.2% over the past 12 months through July. This rise is the smallest one since 2011.

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