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Kinross Gold Corp. (KGC)
NYSE:KGC
Kinross Gold (KGC) Stock Price & Analysis
2,002 Followers
KGC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.27 - $8.02
Previous Close$8
Volume12.04M
Average Volume (3M)16.22M
Market Cap
$9.83B
Enterprise Value$11.79B
Total Cash (Recent Filing)$406.90M
Total Debt (Recent Filing)$2.25B
Price to Earnings (P/E)22.7
Beta0.84
Next Earnings
Jul 31, 2024EPS Estimate
$0.1Last Dividend Ex-Date
Mar 05, 2024Dividend Yield1.51%
Share Statistics
EPS (TTM)0.35
Shares Outstanding1,228,982,701
10 Day Avg. Volume14,931,523
30 Day Avg. Volume16,221,876
Standard Deviation0.15
R-Squared0.17
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.61
Price to Sales (P/S)2.32
Price to Cash Flow (P/CF)6.60
P/FCF Ratio17.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.68
Enterprise Value/Gross Profit10.17
Enterprise Value/Ebitda6.30
Forecast
1Y Price Target
$8.33Price Target Upside4.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Kinross Gold News
PremiumCompany Announcements
Kinross Gold Shareholders Approve Director Elections
PremiumCompany Announcements
Kinross Gold Shareholders Elect Board with Strong Approval
PremiumCompany Announcements
Kinross Shareholders Back Director Elections and Policies
Bulls Say, Bears Say
Bulls Say
Financial PerformanceKinross has demonstrated a strong financial performance with better than expected Q1 results, record production at Tasiast and Paracatu, and successful cost management leading to margin improvements.
Growth PotentialKinross maintains a robust pipeline of growth projects and has recently added over 1 million ounces of inferred resources to the Great Bear project, highlighting the company's potential for future expansion and value creation.
Operational EfficiencyThe company's commitment to operational discipline is reflected in surpassing gold production targets and achieving all-in sustaining costs that are significantly better than expected, indicating efficient management and positive momentum.
Bears Say
Cost GuidanceProjected production costs and all-in sustaining costs are set higher than forecasted, which could squeeze future profit margins.
Earnings QualityQ4 earnings revealed higher than anticipated unit costs, resulting in an underperform rating.
Resource DepletionGold reserves saw a significant 11% decline from the previous year, signaling a drop in the fundamental value of the assets.
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Ownership Overview
0.95% Insiders
9.53% Mutual Funds
30.64% Other Institutional Investors
58.89% Public Companies and Individual Investors
KGC FAQ
What was Kinross Gold Corp.’s price range in the past 12 months?
Kinross Gold Corp. lowest stock price was $4.27 and its highest was $8.02 in the past 12 months.
What is Kinross Gold Corp.’s market cap?
Currently, no data Available
When is Kinross Gold Corp.’s upcoming earnings report date?
Kinross Gold Corp.’s upcoming earnings report date is Jul 31, 2024 which is in 72 days.
How were Kinross Gold Corp.’s earnings last quarter?
Kinross Gold Corp. released its earnings results on May 07, 2024. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.062 by $0.039.
Is Kinross Gold Corp. overvalued?
According to Wall Street analysts Kinross Gold Corp.’s price is currently Undervalued.
Does Kinross Gold Corp. pay dividends?
Kinross Gold Corp. pays a Quarterly dividend of $0.03 which represents an annual dividend yield of 1.51%. See more information on Kinross Gold Corp. dividends here
What is Kinross Gold Corp.’s EPS estimate?
Kinross Gold Corp.’s EPS estimate is $0.1.
How many shares outstanding does Kinross Gold Corp. have?
Kinross Gold Corp. has 1,228,982,700 shares outstanding.
What happened to Kinross Gold Corp.’s price movement after its last earnings report?
Kinross Gold Corp. reported an EPS of $0.1 in its last earnings report, beating expectations of $0.062. Following the earnings report the stock price went up 4.874%.
Which hedge fund is a major shareholder of Kinross Gold Corp.?
Among the largest hedge funds holding Kinross Gold Corp.’s share is Donald Smith & Co. Inc. It holds Kinross Gold Corp.’s shares valued at 70M.
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Kinross Gold Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$8.33 (4.13% Upside)
$8.33 (4.13% Upside)
Blogger Sentiment
Bullish
KGC Sentiment 84%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.43%
12-Months-Change
Fundamentals
Return on Equity
7.20%
Trailing 12-Months
Asset Growth
0.50%
Trailing 12-Months
Company Description
Kinross Gold Corp.
Kinross Gold Corp. is an exploration company. It engages in the production, acquisition, exploration and development of gold bearing properties in Canada, United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana and Mauritania. The products are gold and silver produced in the form of dore. The company operates through the following business segments: Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Crixas, La Coipa, Maricunga, Tasiast and Chirano. The company was founded by Robert MacKay Buchan on May 31, 1993 and is headquartered in Toronto, Canada.
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KGC Company Deck
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KGC Earnings Call
Q1 2024
0:00 / 0:00
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KGC Stock 12 Month Forecast
Average Price Target
$8.33
▲(4.13% Upside)
Technical Analysis
Best Analysts Covering KGC
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+15.49%
reiterated a buy rating 12 days ago
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