Kinross Gold Corporation is a Canada-based global senior gold mining company with operations and projects in the U.S., Brazil, Mauritania, Chile and Canada. Co.'s projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast and Great Bear projects. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. Round Mountain is a long-life, open pit mine located in Nevada. Bald Mountain is an open pit mine with an estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. The Manh Choh project is in Alaska, located approximately 400 kilometers southeast of Fort Knox. We show 15 historical shares outstanding datapoints in our KGC shares outstanding history coverage, used to compute KGC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KGC market cap history over the course of time is important for investors
interested in comparing KGC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of KGC versus a peer is one thing; comparing
KGC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like KGC can fluctuate over the course of history.
With this page we aim to empower investors researching KGC by allowing them to research the KGC market cap history. |
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Video: The Importance of Market Cap
