Kinross Gold Stock Today

KGC Stock  USD 10.22  0.14  1.39%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Kinross Gold is trading at 10.22 as of the 24th of November 2024, a 1.39% increase since the beginning of the trading day. The stock's open price was 10.08. Kinross Gold has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Kinross Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of January 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
19th of October 1994
Category
Basic Materials
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada. The company has 1.23 B outstanding shares of which 12.8 M shares are now shorted by investors with about 0.67 days to cover. More on Kinross Gold

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Kinross Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJ Rollinson
Thematic Ideas
(View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, ARCA Gold BUGS, Philadelphia GoldSilver, Gold and Gold Mining, Compulsion, Precious Metals, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.40.4116
Fairly Down
Slightly volatile
Total Current Liabilities490.7 M685.5 M
Way Down
Very volatile
Non Current Liabilities Total1.8 B3.7 B
Way Down
Pretty Stable
Total Assets6.6 B10.5 B
Way Down
Very volatile
Total Current Assets1.4 B1.8 B
Way Down
Pretty Stable
Total Cash From Operating Activities1.5 B1.5 B
Sufficiently Up
Slightly volatile
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 has 2.26 B in debt with debt to equity (D/E) ratio of 0.41, which is OK given its current industry classification. Kinross Gold has a current ratio of 2.92, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Kinross to invest in growth at high rates of return.

Change In Cash

(62.41 Million)
Kinross Gold (KGC) is traded on New York Stock Exchange in USA. It is located in 25 York Street, Toronto, ON, Canada, M5J 2V5 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 total capitalization of 12.56 B. Kinross Gold runs under Metals & Mining sector within Materials industry. The entity has 1.23 B outstanding shares of which 12.8 M shares are now shorted by investors with about 0.67 days to cover. Kinross Gold has about 496.5 M in cash with 1.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Kinross Gold Probability Of Bankruptcy
Ownership Allocation
Kinross Gold 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. 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 Stock Institutional Holders

InstituionRecorded OnShares
Ruffer Llp2024-09-30
10.8 M
Bank Of Nova Scotia2024-09-30
10.3 M
Fidelity International Ltd2024-06-30
9.9 M
Waratah Capital Advisors Ltd2024-06-30
9.3 M
Dimensional Fund Advisors, Inc.2024-09-30
9.3 M
Legal & General Group Plc2024-06-30
9.2 M
Artemis Investment Management Llp2024-09-30
8.6 M
Amvescap Plc.2024-06-30
M
Cibc World Markets Inc.2024-06-30
7.9 M
Van Eck Associates Corporation2024-06-30
121.2 M
Vanguard Group Inc2024-09-30
46.6 M
View Kinross Gold Diagnostics

Kinross Gold Historical Income Statement

At present, Kinross Gold's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 802.6 M, whereas Interest Expense is forecasted to decline to about 65.5 M. View More Fundamentals

Kinross Stock Against Markets

Kinross Gold Corporate Directors

Ian AtkinsonIndependent DirectorProfile
Kelly OsborneIndependent DirectorProfile
Elizabeth McGregorIndependent DirectorProfile
Kerry DyteIndependent DirectorProfile
When determining whether Kinross Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kinross Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kinross Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kinross Gold Stock:
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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
2.235
Dividend Share
0.12
Earnings Share
0.6
Revenue Per Share
3.947
Quarterly Revenue Growth
0.299
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.
Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different 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.