Kinross Gold is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, extraction and processing of gold-containing ore and reclamation of gold mining properties. Co.'s gold production and exploration activities are carried out principally in Canada, the U.S., the Russian Federation, Brazil, Chile, Ghana, and Mauritania. Gold is produced in the form of dore, which is shipped to refineries for final processing. Co. also produces and sells a quantity of silver. 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
