S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
NYSE:KGC

Kinross Gold (KGC) Stock Forecast, Price & News

$3.35
-0.13 (-3.74%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.28
$3.40
50-Day Range
$3.09
$4.69
52-Week Range
$3.00
$7.13
Volume
24.06 million shs
Average Volume
20.23 million shs
Market Capitalization
$4.35 billion
P/E Ratio
N/A
Dividend Yield
3.58%
Price Target
$7.50

Kinross Gold MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
123.9% Upside
$7.50 Price Target
Short Interest
Healthy
4.20% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.55
Upright™ Environmental Score
News Sentiment
-0.56mentions of Kinross Gold in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
48.48%
From $0.33 to $0.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Basic Materials Sector

81st out of 219 stocks

Gold & Silver Ores Industry

15th out of 54 stocks

Kinross Gold logo

About Kinross Gold (NYSE:KGC) Stock

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. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Barclays reduced their target price on Kinross Gold from $7.00 to $6.00 in a report on Tuesday, July 19th. Canaccord Genuity Group dropped their price objective on Kinross Gold from C$12.00 to C$11.00 in a report on Thursday, June 16th. Royal Bank of Canada cut shares of Kinross Gold from an "outperform" rating to a "sector perform" rating and set a $6.00 price target for the company. in a research report on Wednesday, April 20th. Stifel Nicolaus reduced their target price on shares of Kinross Gold from C$11.00 to C$10.00 in a research report on Wednesday, July 20th. Finally, Raymond James set a $7.50 target price on Kinross Gold and gave the company an "outperform" rating in a research report on Thursday, May 12th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Kinross Gold presently has a consensus rating of "Moderate Buy" and an average price target of $7.50.

Kinross Gold Stock Performance

KGC traded down $0.13 during trading on Friday, reaching $3.35. 24,057,641 shares of the company were exchanged, compared to its average volume of 20,232,056. Kinross Gold has a 52 week low of $3.00 and a 52 week high of $7.13. The company has a current ratio of 3.00, a quick ratio of 1.68 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average of $3.76 and a 200 day moving average of $4.83. The stock has a market cap of $4.35 billion, a P/E ratio of -6.98 and a beta of 1.01.

Kinross Gold (NYSE:KGC - Get Rating) (TSE:K) last released its quarterly earnings data on Wednesday, July 27th. The mining company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.05). The firm had revenue of $821.50 million during the quarter. Kinross Gold had a positive return on equity of 4.59% and a negative net margin of 18.36%. On average, sell-side analysts forecast that Kinross Gold will post 0.33 EPS for the current fiscal year.

Kinross Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Thursday, August 18th will be given a dividend of $0.03 per share. The ex-dividend date is Wednesday, August 17th. This represents a $0.12 annualized dividend and a dividend yield of 3.58%. Kinross Gold's dividend payout ratio is presently -25.00%.

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KGC Stock News Headlines

Kinross Gold: Searching For A Support
Kinross Gold: Softer Q2 Results Already Priced In
Kinross announces senior management changes
Kinross announces renewal of share buyback program
Kinross Gold (KGC) Set to Announce Earnings on Wednesday
Kinross: Quality Miner Trading At A Bargain Price
Kinross Gold (NYSE:KGC) PT Lowered to $6.00
Kinross Gold (NYSE:KGC) Trading Down 8.4%
Kinross Gold: Dasvidaniya Russia
Kinross completes sale of Russian assets
Canada's Kinross Gold sells Russia assets at half price
See More Headlines

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KGC Company Calendar

Ex-Dividend for 6/16 Dividend
6/01/2022
Dividend Payable
6/16/2022
Last Earnings
7/27/2022
Today
8/07/2022
Ex-Dividend for 9/1 Dividend
8/17/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
9,322
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$7.50
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$5.25
Forecasted Upside/Downside
+123.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$221.20 million
Pretax Margin
12.17%

Debt

Sales & Book Value

Annual Sales
$3.73 billion
Cash Flow
$1.11 per share
Book Value
$4.87 per share

Miscellaneous

Outstanding Shares
1,299,980,000
Free Float
1,286,985,000
Market Cap
$4.35 billion
Optionable
Optionable
Beta
1.01

Social Links


Key Executives

  • Mr. J. Paul Rollinson (Age 60)
    Pres, CEO & Director
    Comp: $2.89M
  • Ms. Andrea Susan Freeborough
    Exec. VP & CFO
  • Mr. Paul Botond Stilicho Tomory
    Exec. VP & CTO
  • Mr. Geoffrey P. Gold
    Exec. VP of Corp. Devel. & External Relations and Chief Legal Officer
  • Mr. Claude J. S. Schimper
    Exec. VP & COO
  • Helene Timpano
    Sr. Vice-Pres of Operations
  • Mr. Chris Lichtenheldt
    VP of Investor Relations
  • Louie Diaz
    VP of Corp. Communications
  • Ms. Kathleen Jackson Allamby
    Exec. Assistant to CFO & Sr. VP of Global HR
  • Ms. Kathleen M. Grandy J.D.
    Sr. Vice-Pres of Global HR













KGC Stock - Frequently Asked Questions

Should I buy or sell Kinross Gold stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Kinross Gold stock.
View analyst ratings for Kinross Gold
or view top-rated stocks.

What is Kinross Gold's stock price forecast for 2022?

9 brokerages have issued 1-year price objectives for Kinross Gold's shares. Their KGC stock forecasts range from $5.25 to $11.00. On average, they expect Kinross Gold's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 123.9% from the stock's current price.
View analysts' price targets for Kinross Gold
or view top-rated stocks among Wall Street analysts.

How has Kinross Gold's stock price performed in 2022?

Kinross Gold's stock was trading at $5.81 at the start of the year. Since then, KGC stock has decreased by 42.3% and is now trading at $3.35.
View the best growth stocks for 2022 here
.

When is Kinross Gold's next earnings date?

Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our earnings forecast for Kinross Gold
.

How were Kinross Gold's earnings last quarter?

Kinross Gold Co. (NYSE:KGC) issued its quarterly earnings results on Wednesday, July, 27th. The mining company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.05. The mining company had revenue of $821.50 million for the quarter. Kinross Gold had a negative net margin of 18.36% and a positive trailing twelve-month return on equity of 4.59%.

How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold?

Kinross Gold announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Thursday, August 18th will be given a dividend of $0.03 per share on Thursday, September 1st. This represents a $0.12 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, August 17th.
View Kinross Gold's dividend history
.

Is Kinross Gold a good dividend stock?

Kinross Gold(NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 3.58%.
View Kinross Gold's dividend history.

What is J. Paul Rollinson's approval rating as Kinross Gold's CEO?

35 employees have rated Kinross Gold CEO J. Paul Rollinson on Glassdoor.com. J. Paul Rollinson has an approval rating of 97% among Kinross Gold's employees. This puts J. Paul Rollinson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Kinross Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kinross Gold investors own include Barrick Gold (GOLD), NVIDIA (NVDA), IAMGOLD (IAG), Advanced Micro Devices (AMD), Yamana Gold (AUY), Newmont (NEM), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU) and Gilead Sciences (GILD).

What is Kinross Gold's stock symbol?

Kinross Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KGC."

Who are Kinross Gold's major shareholders?

Kinross Gold's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (11.28%), Ruffer LLP (3.96%), Connor Clark & Lunn Investment Management Ltd. (0.71%), TD Asset Management Inc. (0.33%), AustralianSuper Pty Ltd (0.26%) and Sumitomo Mitsui Trust Holdings Inc. (0.25%).

How do I buy shares of Kinross Gold?

Shares of KGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Kinross Gold's stock price today?

One share of KGC stock can currently be purchased for approximately $3.35.

How much money does Kinross Gold make?

Kinross Gold (NYSE:KGC) has a market capitalization of $4.35 billion and generates $3.73 billion in revenue each year. The mining company earns $221.20 million in net income (profit) each year or ($0.48) on an earnings per share basis.

How many employees does Kinross Gold have?

Kinross Gold employs 9,322 workers across the globe.

When was Kinross Gold founded?

Kinross Gold was founded in 1993.

How can I contact Kinross Gold?

Kinross Gold's mailing address is 25 YORK STREET 17TH FLOOR, TORONTO A6, M5J 2V5. The official website for Kinross Gold is www.kinross.com. The mining company can be reached via phone at (416) 365-5123, via email at tom.elliott@kinross.com, or via fax at 416-363-6622.

This page (NYSE:KGC) was last updated on 8/7/2022 by MarketBeat.com Staff

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