Is Kinross Gold Stock a Good Investment?
Kinross Gold Investment Advice | KGC |
- Examine Kinross Gold's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Kinross Gold's leadership team and their track record. Good management can help Kinross Gold navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Kinross Gold's business and its evolving consumer preferences.
- Compare Kinross Gold's performance and market position to its competitors. Analyze how Kinross Gold is positioned in terms of product offerings, innovation, and market share.
- Check if Kinross Gold pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Kinross Gold's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Kinross Gold stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Kinross Gold is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Kinross Gold Stock
Researching Kinross Gold's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 69.0% of the company shares are owned by institutional investors. The book value of Kinross Gold was now reported as 5.58. The company last dividend was issued on the 5th of March 2025. Kinross Gold had 1:3 split on the 3rd of February 2003.
To determine if Kinross Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Kinross Gold's research are outlined below:
| Kinross Gold is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Kinross Gold Corporation Q4 2024 Earnings Call Transcript |
Kinross Gold Quarterly Cost Of Revenue |
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Kinross Gold uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Kinross Gold. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Kinross Gold's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Kinross Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Kinross Gold's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-14 | 2023-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2022-11-09 | 2022-09-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2022-05-10 | 2022-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2017-05-02 | 2017-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2016-02-10 | 2015-12-31 | -0.05 | -0.06 | -0.01 | 20 | ||
2015-11-10 | 2015-09-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2013-11-13 | 2013-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2007-11-07 | 2007-09-30 | 0.08 | 0.07 | -0.01 | 12 |
Kinross Gold Target Price Consensus
Kinross target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Kinross Gold's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 15 | Buy |
Most Kinross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Kinross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Kinross Gold, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationKinross Gold Target Price Projection
Kinross Gold's current and average target prices are 11.27 and 11.29, respectively. The current price of Kinross Gold is the price at which Kinross Gold is currently trading. On the other hand, Kinross Gold's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Kinross Gold Market Quote on 17th of February 2025
Target Price
Analyst Consensus On Kinross Gold Target Price
Kinross Gold Analyst Ratings
Kinross Gold's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Kinross Gold stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Kinross Gold's financials, market performance, and future outlook by experienced professionals. Kinross Gold's historical ratings below, therefore, can serve as a valuable tool for investors.Know Kinross Gold's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Kinross Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kinross Gold backward and forwards among themselves. Kinross Gold's institutional investor refers to the entity that pools money to purchase Kinross Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Arnhold & S. Bleichroeder Advisers, Llc | 2024-12-31 | 12.6 M | Mackenzie Investments | 2024-09-30 | 11.5 M | Fidelity International Ltd | 2024-09-30 | 11.1 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 10.3 M | Millennium Management Llc | 2024-09-30 | 10.2 M | Dimensional Fund Advisors, Inc. | 2024-12-31 | 9.4 M | Waratah Capital Advisors Ltd | 2024-09-30 | 8.9 M | Bank Of Nova Scotia | 2024-12-31 | 8.4 M | Cibc World Markets Inc. | 2024-12-31 | 8.2 M | Van Eck Associates Corporation | 2024-12-31 | 116.3 M | Vanguard Group Inc | 2024-12-31 | 47.4 M |
Kinross Gold's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 13.85 B.Market Cap |
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Kinross Gold's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.06 | 0.06 |
Determining Kinross Gold's profitability involves analyzing its financial statements and using various financial metrics to determine if Kinross Gold is a good buy. For example, gross profit margin measures Kinross Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Kinross Gold's profitability and make more informed investment decisions.
Please note, the presentation of Kinross Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kinross Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Kinross Gold's management manipulating its earnings.
Evaluate Kinross Gold's management efficiency
Kinross Gold has Return on Asset of 0.0832 % which means that on every $100 spent on assets, it made $0.0832 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1508 %, implying that it generated $0.1508 on every 100 dollars invested. Kinross Gold's management efficiency ratios could be used to measure how well Kinross Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.09. At present, Kinross Gold's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.66, whereas Total Assets are forecasted to decline to about 6.6 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.80 | 6.91 | |
| Tangible Book Value Per Share | 5.80 | 6.06 | |
| Enterprise Value Over EBITDA | 6.08 | 10.22 | |
| Price Book Value Ratio | 1.40 | 1.60 | |
| Enterprise Value Multiple | 6.08 | 10.22 | |
| Price Fair Value | 1.40 | 1.60 | |
| Enterprise Value | 7.6 B | 8 B |
At Kinross Gold, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Basic technical analysis of Kinross Stock
As of the 17th of February 2025, Kinross Gold secures the Downside Deviation of 3.13, mean deviation of 2.08, and Risk Adjusted Performance of 0.0454. Kinross Gold technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.Kinross Gold's Outstanding Corporate Bonds
Kinross Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Kinross Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Kinross bonds can be classified according to their maturity, which is the date when Kinross Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Kinross Gold's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Kinross Gold's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0454 | |||
| Market Risk Adjusted Performance | 0.2434 | |||
| Mean Deviation | 2.08 | |||
| Semi Deviation | 2.99 | |||
| Downside Deviation | 3.13 | |||
| Coefficient Of Variation | 1871.63 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.07 | |||
| Information Ratio | 0.0495 | |||
| Jensen Alpha | 0.1411 | |||
| Total Risk Alpha | 0.1374 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.2334 | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 4.85 | |||
| Downside Variance | 9.77 | |||
| Semi Variance | 8.96 | |||
| Expected Short fall | (2.11) | |||
| Skewness | (0.57) | |||
| Kurtosis | 1.71 |
| Risk Adjusted Performance | 0.0454 | |||
| Market Risk Adjusted Performance | 0.2434 | |||
| Mean Deviation | 2.08 | |||
| Semi Deviation | 2.99 | |||
| Downside Deviation | 3.13 | |||
| Coefficient Of Variation | 1871.63 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.07 | |||
| Information Ratio | 0.0495 | |||
| Jensen Alpha | 0.1411 | |||
| Total Risk Alpha | 0.1374 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.2334 | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 4.85 | |||
| Downside Variance | 9.77 | |||
| Semi Variance | 8.96 | |||
| Expected Short fall | (2.11) | |||
| Skewness | (0.57) | |||
| Kurtosis | 1.71 |
Consider Kinross Gold's intraday indicators
Kinross Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Kinross Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Kinross Gold Corporate Filings
6K | 13th of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Kinross Stock media impact
Far too much social signal, news, headlines, and media speculation about Kinross Gold that are available to investors today. That information is available publicly through Kinross media outlets and privately through word of mouth or via Kinross internal channels. However, regardless of the origin, that massive amount of Kinross data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Kinross Gold news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Kinross Gold relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Kinross Gold's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Kinross Gold alpha.
Kinross Gold Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Kinross Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Kinross Gold Historical Investor Sentiment
Investor biases related to Kinross Gold's public news can be used to forecast risks associated with an investment in Kinross. The trend in average sentiment can be used to explain how an investor holding Kinross can time the market purely based on public headlines and social activities around Kinross Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kinross Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kinross Gold and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Kinross Gold news discussions. The higher the estimate score, the more favorable the investor's outlook on Kinross Gold.
Kinross Gold Maximum Pain Price Across May 16th 2025 Option Contracts
Kinross Gold's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Kinross Gold close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Kinross Gold's options.
Kinross Gold Corporate Directors
| Ian Atkinson | Independent Director | Profile | |
| Kelly Osborne | Independent Director | Profile | |
| Elizabeth McGregor | Independent Director | Profile | |
| Kerry Dyte | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinross Gold. If investors know Kinross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinross Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.13 | Dividend Share 0.12 | Earnings Share 0.77 | Revenue Per Share | Quarterly Revenue Growth 0.269 |
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Kinross Gold's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.