Kinross Gold Corp Stock Today

K Stock  CAD 14.27  0.20  1.42%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Kinross Gold is selling at 14.27 as of the 25th of November 2024; that is 1.42% increase since the beginning of the trading day. The stock's open price was 14.07. Kinross Gold has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Kinross Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. The company was founded in 1993 and is headquartered in Toronto, Canada. The company has 1.23 B outstanding shares of which 8.81 M shares are now shorted by private and institutional investors with about 3.94 trading days to cover. More on Kinross Gold Corp

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Kinross Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kinross Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kinross Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJ Rollinson
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Kinross Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kinross Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Kinross Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kinross Gold's financial leverage. It provides some insight into what part of Kinross Gold's total assets is financed by creditors.
Liquidity
Kinross Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Kinross Gold Corp currently holds 2.26 B in liabilities with Debt to Equity (D/E) ratio of 0.33, which is about average as compared to similar companies. Kinross Gold Corp has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Kinross Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Kinross Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kinross Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kinross to invest in growth at high rates of return. When we think about Kinross Gold's use of debt, we should always consider it together with cash and equity.

Depreciation

923.68 Million
Kinross Gold Corp (K) is traded on Toronto Exchange in Canada and employs 35 people. Kinross Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 17.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kinross Gold's market, we take the total number of its shares issued and multiply it by Kinross Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kinross Gold Corp conducts business under Metals & Mining sector and is part of Materials industry. The entity has 1.23 B outstanding shares of which 8.81 M shares are now shorted by private and institutional investors with about 3.94 trading days to cover. Kinross Gold Corp currently holds about 1000 M in cash with 1.61 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Check Kinross Gold Probability Of Bankruptcy
Ownership Allocation
Kinross Gold Corp maintains a total of 1.23 Billion outstanding shares. Over half of Kinross Gold's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Kinross Gold Corp. Please watch out for any change in the institutional holdings of Kinross Gold Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kinross Ownership Details

Kinross Gold Corp Risk Profiles

Although Kinross Gold's alpha and beta are two of the key measurements used to evaluate Kinross Gold's performance over the market, the standard measures of volatility play an important role as well.

Kinross Stock Against Markets

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Kinross Gold Corporate Directors

Ian AtkinsonIndependent DirectorProfile
Kelly OsborneIndependent DirectorProfile
Kerry DyteIndependent DirectorProfile
Paul FitchettDirector AdvisoryProfile

Other Information on Investing in Kinross Stock

Kinross Gold financial ratios help investors to determine whether Kinross Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kinross with respect to the benefits of owning Kinross Gold security.