Should I buy or sell Kinross Gold stock right now?

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

What is Kinross Gold's stock price target for 2024?

3 analysts have issued 12-month target prices for Kinross Gold's shares. Their K share price targets range from C$6.00 to C$10.00. On average, they predict the company's stock price to reach C$8.50 in the next year. This suggests a possible upside of 9.0% from the stock's current price. View analysts price targets for K or view top-rated stocks among Wall Street analysts .

How have K shares performed in 2023?

Kinross Gold's stock was trading at C$5.52 at the start of the year. Since then, K shares have increased by 41.3% and is now trading at C$7.80. View the best growth stocks for 2023 here .

When is Kinross Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our K earnings forecast .

How were Kinross Gold's earnings last quarter?

Kinross Gold Co. (TSE:K) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.29 billion. Kinross Gold had a trailing twelve-month return on equity of 3.93% and a net margin of 5.83%.

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

Kinross Gold announced a quarterly dividend on Wednesday, November 8th. Investors of record on Thursday, November 30th will be paid a dividend of 0.042 per share on Thursday, December 14th. This represents a $0.17 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Wednesday, November 29th. This is a positive change from the stock's previous quarterly dividend of C$0.03. Read our dividend analysis for K .

Is Kinross Gold a good dividend stock?

Kinross Gold (TSE:K) pays an annual dividend of C$0.16 per share and currently has a dividend yield of 2.03%. The dividend payout ratio is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for K .

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 B2Gold (BTO) , Enbridge (ENB) , Bombardier, Inc. Class B (BBD.B) , Kinross Gold (KGC) , Suncor Energy (SU) , Kirkland Lake Gold (KL) , Barrick Gold (ABX) , Canadian Natural Resources (CNQ) , Toronto-Dominion Bank (TD) and Yamana Gold (YRI) .

How do I buy shares of Kinross Gold?

Shares of K stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Kinross Gold Stock Price, News & Analysis (TSE:K)

C$7.80

-0.12 (-1.52%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$7.70
▼
C$7.87
50-Day Range: C$5.95
▼
C$8.02
52-Week Range: C$4.71
▼
C$8.09

Volume: 2.81 million shs
Average Volume: 2.98 million shs
Market Capitalization: C$9.59 billion

P/E Ratio: 30.00
Dividend Yield: 2.05%
Price Target: C$8.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Kinross Gold MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 9.0% Upside
C$8.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.61
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$85,549 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.72 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Kinross Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$8.50, Kinross Gold has a forecasted upside of 9.0% from its current price of C$7.80.
Amount of Analyst Coverage
Kinross Gold has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for K.

1.7

Dividend Strength

Dividend Yield
Kinross Gold pays a meaningful dividend of 2.03%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kinross Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kinross Gold is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for K.

2.6

News and Social Media Coverage

News Sentiment
Kinross Gold has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Kinross Gold this week, compared to 2 articles on an average week.
Search Interest
Only 26 people have searched for K on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kinross Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$85,549.00 in company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Kinross Gold is held by insiders.
Percentage Held by Institutions
65.39% of the stock of Kinross Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Kinross Gold is 30.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kinross Gold is 30.00, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.49.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Kinross Gold, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Kinross Gold has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Kinross Gold Stock (TSE:K)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, 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.

K Stock Price History

30 days | 90 days | 365 days | Advanced Chart

K Stock News Headlines

December 6, 2023 | theglobeandmail.com

Hayden Hill Surface Program Mapped Multiple Epithermal Veins, Hydrothermal Breccias With Gold Values to 37.9 G/T

December 5, 2023 | theglobeandmail.com

Creating leaders – and resilience – at Kinross Gold

December 10, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

December 4, 2023 | benzinga.com

Lavras Gold Corp. to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 6th

December 1, 2023 | msn.com

An Alaska Native tribal council greenlit a gold mine. Some tribal members aren’t happy.

November 30, 2023 | morningstar.com

Kinross Gold Corp Cedear KGC

November 30, 2023 | americanbankingnews.com

Kinross Gold Co. to Post FY2023 Earnings of $0.54 Per Share, Raymond James Forecasts (TSE:K)

November 10, 2023 | finance.yahoo.com

Kinross Gold Corporation: Kinross Gold Earnings: Strong Period Driven by Higher Gold Sales Volumes and Prices

December 10, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 9, 2023 | proactiveinvestors.com

Kinross Gold 3Q results top estimates on higher output, gold prices

November 8, 2023 | msn.com

Kinross Gold Non-GAAP EPS of $0.12 beats by $0.02, revenue of $1.1B beats by $30M

November 7, 2023 | msn.com

Gold slides to lowest price in nearly three weeks as safe-haven trade wanes

November 7, 2023 | msn.com

Kinross Gold Q3 2023 Earnings Preview

November 7, 2023 | juniorminingnetwork.com

BTU Metals Commences Airborne Geophysical Survey at Dixie Halo - Great Bear Gold Area

November 7, 2023 | finance.yahoo.com

BTU Commences Airborne Geophysical Survey at Dixie Halo - Great Bear Gold Area

November 6, 2023 | finance.yahoo.com

Mosaic (MOS) to Report Q3 Earnings: What's in the Cards?

November 1, 2023 | finance.yahoo.com

Celanese (CE) to Report Q3 Earnings: What's in the Offing?

October 25, 2023 | theglobeandmail.com

The case for buying TSX consumer stocks. Plus, why shares of Kinross Gold have been surging this month

October 25, 2023 | theglobeandmail.com

Wednesday’s TSX breakouts: This gold miner is the second-best performing stock on the TSX this month

October 19, 2023 | finance.yahoo.com

Dow (DOW) Warms Up to Q3 Earnings: What's in the Cards?

October 16, 2023 | markets.businessinsider.com

Kinross Gold Buy Rating: Notable Success with 24k Tasiast Mine Expansion and Promising Solar Plant Development

October 4, 2023 | finance.yahoo.com

Kinross to announce Q3 results on November 8, 2023

September 29, 2023 | finance.yahoo.com

Lavras Gold closes upsized private placement

September 21, 2023 | msn.com

13m @ 12.28 g/t gold, with more to come: Diablo raises $1m to finalise drill program at historic, high grade US projects

September 20, 2023 | finance.yahoo.com

Kinross Gold Corporation: Commodity Prices in Mining Sector Supportive; Some Opportunities Available

September 20, 2023 | fool.ca

1 Top Gold Stock to Buy for Under $10

September 18, 2023 | finance.yahoo.com

Why Kinross Gold (KGC) is a Top Momentum Stock for the Long-Term

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Ex-Dividend for 12/14 Dividend: 11/29/2023
Today: 12/09/2023
Dividend Payable: 12/14/2023
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:K
CUSIP: N/A
CIK: N/A
Web: www.kinross.com
Phone: +1-416-3655123
Fax: N/A
Employees: 2,021
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$8.50
High Stock Price Target: C$10.00
Low Stock Price Target: C$6.00
Potential Upside/Downside: +9.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.26
Trailing P/E Ratio: 30.00
Forward P/E Ratio: 14.92
P/E Growth: -0.6
Net Income: C$244.90 million
Net Margins: 5.83%
Pretax Margin: N/A
Return on Equity: 3.93%
Return on Assets: 3.88%

Debt

Debt-to-Equity Ratio: 39.72
Current Ratio: 2.70
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: C$4.20 billion
Price / Sales: 2.28
Cash Flow: C$0.54 per share
Price / Cash Flow: 14.53
Book Value: C$4.94 per share
Price / Book: 1.58

Miscellaneous

Outstanding Shares: 1,230,000,000
Free Float: N/A
Market Cap: C$9.59 billion
Optionable: Not Optionable
Beta: 0.94

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Key Executives

Mr. J. Paul Rollinson (Age 61)
President, CEO & Director
Comp: $3.67M
Ms. Andrea Susan Freeborough
Executive VP & CFO
Mr. Claude J. S. Schimper
Executive VP & COO
Mr. Geoffrey P. Gold
Executive VP of Corporate Development & External Relations and Chief Legal Officer
Mr. Chris Lichtenheldt
Vice President of Investor Relations
Victoria Barrington
Senior Director of Corporate Communications
Ms. Kathleen M. Grandy J.D.
Senior Vice-President of Human Resources
Mr. Nathan M. Longenecker
Senior VP of Global Legal Operations & Major Permitting and General Counsel
Mike van Akkooi
Senior Vice-President of External Affairs
Mr. David C. Shaver
Senior Vice President of Corporate Development

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

K Stock Analysis - Frequently Asked Questions

Should I buy or sell Kinross Gold stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" K shares.
View K analyst ratings or view top-rated stocks.
What is Kinross Gold's stock price target for 2024?: 3 analysts have issued 12-month target prices for Kinross Gold's shares. Their K share price targets range from C$6.00 to C$10.00. On average, they predict the company's stock price to reach C$8.50 in the next year. This suggests a possible upside of 9.0% from the stock's current price.
View analysts price targets for K or view top-rated stocks among Wall Street analysts.
How have K shares performed in 2023?: Kinross Gold's stock was trading at C$5.52 at the start of the year. Since then, K shares have increased by 41.3% and is now trading at C$7.80.
View the best growth stocks for 2023 here.
When is Kinross Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our K earnings forecast.
How were Kinross Gold's earnings last quarter?: Kinross Gold Co. (TSE:K) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.29 billion. Kinross Gold had a trailing twelve-month return on equity of 3.93% and a net margin of 5.83%.

How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold?: Kinross Gold announced a quarterly dividend on Wednesday, November 8th. Investors of record on Thursday, November 30th will be paid a dividend of 0.042 per share on Thursday, December 14th. This represents a $0.17 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Wednesday, November 29th. This is a positive change from the stock's previous quarterly dividend of C$0.03.
Read our dividend analysis for K.
Is Kinross Gold a good dividend stock?: Kinross Gold (TSE:K) pays an annual dividend of C$0.16 per share and currently has a dividend yield of 2.03%. The dividend payout ratio is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for K.
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 B2Gold (BTO), Enbridge (ENB), Bombardier, Inc. Class B (BBD.B), Kinross Gold (KGC), Suncor Energy (SU), Kirkland Lake Gold (KL), Barrick Gold (ABX), Canadian Natural Resources (CNQ), Toronto-Dominion Bank (TD) and Yamana Gold (YRI).
How do I buy shares of Kinross Gold?: Shares of K stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:K) was last updated on 12/10/2023 by MarketBeat.com Staff

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Kinross Gold Stock Price, News & Analysis (TSE:K)

Kinross Gold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Kinross Gold Stock (TSE:K)

K Stock Price History

K Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

K Stock Analysis - Frequently Asked Questions

Overall MarketRank^™