TSE:K

Kinross Gold Stock Forecast, Price & News

C$9.98

+0.56 (+5.94 %)

(As of 05/17/2021 12:00 AM ET)

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Today's Range

C$9.42

▼

C$10.06

50-Day Range

C$8.15

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C$9.65

52-Week Range

C$7.75

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C$13.59

Volume5.25 million shs

Average Volume4.03 million shs

Market CapitalizationC$12.59 billion

P/E Ratio7.62

Dividend Yield1.54%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Kinross Gold

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. As of December 31, 2019, its proven and probable mineral reserves included approximately 30.0 million ounces of gold and 59.2 million ounces of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.

Kinross Gold Corporation (KGC) CEO Paul Rollinson on Q1 2021 Results - Earnings Call Transcript
May 14, 2021 | seekingalpha.com

Kinross Gold Q1 2021 Earnings Preview
May 13, 2021 | seekingalpha.com

Kinross Gold Corporation: Kinross Reports Steady First Quarter and Reconfirms 2021 Guidance; Shares Fairly Valued
May 13, 2021 | finance.yahoo.com

Kinross Gold CEO on inflation and his gold outlook
May 12, 2021 | msn.com

Kinross Gold (TSE:K) Stock Rating Reaffirmed by Raymond James
May 12, 2021 | americanbankingnews.com

Kinross Gold Co. (TSE:K) Given Consensus Recommendation of "Buy" by Analysts
May 12, 2021 | americanbankingnews.com

Royal Bank of Canada Reiterates Outperform Rating for Kinross Gold (TSE:K)
May 12, 2021 | americanbankingnews.com

Kinross Gold (TSE:K) Share Price Crosses Above 200-Day Moving Average of $9.25
May 12, 2021 | americanbankingnews.com

BRIEF-Kinross Reports Q1 Earnings Per Share $0.12
May 11, 2021 | msn.com

Kinross Q1 net profit surges to US$150 million on 12 per cent increase in revenues
May 11, 2021 | ca.finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Gold

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:K

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.kinross.com

Phone+1-416-3655123

Employees8,447

Year FoundedN/A

Sales & Book Value

Annual SalesC$4.32 billion

Price / Sales2.91

Cash FlowC$0.91 per share

Price / Cash Flow10.95

Book ValueC$5.32 per share

Price / Book1.88

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Debt

Debt-to-Equity Ratio29.51

Current Ratio2.16

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio7.62

Forward P/E Ratio76.77

P/E Growth-50.43

Miscellaneous

Outstanding Shares1,261,200,000

Market CapC$12.59 billion

Next Earnings Date8/4/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.08 out of 5 stars

4.5 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 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$14.54, Kinross Gold has a forecasted upside of 45.6% from its current price of C$9.98.
Amount of Analyst Coverage
Kinross Gold has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Kinross Gold has received 625 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kinross Gold has received 414 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kinross Gold has received 60.15% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Kinross Gold and other stocks. Vote “Outperform” if you believe K will outperform the S&P 500 over the long term. Vote “Underperform” if you believe K will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Kinross Gold pays a meaningful dividend of 1.54%, 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 6.88%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 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$2,320,835.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Kinross Gold is 7.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kinross Gold is 7.62, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 30.84.
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 1.88. 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

Kinross Gold (TSE:K) Frequently Asked Questions

Is Kinross Gold a buy right now?

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

What stocks does MarketBeat like better than Kinross Gold?

Wall Street analysts have given Kinross Gold a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Kinross Gold wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Kinross Gold's next earnings date?

Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Kinross Gold.

How has Kinross Gold's stock been impacted by COVID-19?

Kinross Gold's stock was trading at C$6.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, K shares have increased by 50.1% and is now trading at C$9.98.
View which stocks have been most impacted by COVID-19.

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

Kinross Gold announced a quarterly dividend on Tuesday, May 11th. Shareholders of record on Thursday, June 3rd will be paid a dividend of 0.037 per share on Thursday, June 17th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Wednesday, June 2nd. This is an increase from Kinross Gold's previous quarterly dividend of C$0.03.
View Kinross Gold's dividend history.

Is Kinross Gold a good dividend stock?

Kinross Gold pays an annual dividend of C$0.09 per share and currently has a dividend yield of 1.54%. The dividend payout ratio of Kinross Gold is 6.88%. This payout ratio is at a healthy, sustainable level, below 75%.
View Kinross Gold's dividend history.

What price target have analysts set for K?

6 brokerages have issued twelve-month target prices for Kinross Gold's stock. Their forecasts range from C$12.00 to C$17.50. On average, they anticipate Kinross Gold's stock price to reach C$14.54 in the next twelve months. This suggests a possible upside of 45.6% from the stock's current price.
View analysts' price targets for Kinross Gold or view top-rated stocks among Wall Street analysts.

Who are Kinross Gold's key executives?

Kinross Gold's management team includes the following people:

Mr. J. Paul Rollinson, Pres, CEO & Director (Age 59, Pay $3.61M)
Ms. Andrea Susan Freeborough, Sr. 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, Sr. Vice-Pres of Russia Operations
Mr. Thomas Ballantyne Elliott, Sr. VP of Investor Relations
Louie Diaz, Sr. Director of Corp. Communications
Ms. Kathleen Jackson Allamby, Exec. Assistant to CFO & Sr. VP of Global HR
Mr. Greg V. Etter, Sr. Vice-Pres of Legal, Global Operations & Gov. Relations for US (Age 62)
Mr. Nathan M. Longenecker, Sr. VP of Legal & Gen. Counsel

Who are some of Kinross Gold's key competitors?

Some companies that are related to Kinross Gold include Franco-Nevada (FNV), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Kirkland Lake Gold (KL), Augusta Gold (G), Canadian Utilities (CU), Endeavour Mining (EDV), B2Gold (BTO), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Yamana Gold (YRI), SSR Mining (SSRM), Alamos Gold (AGI), Yamana Gold (AUY), Equinox Gold (EQX) and Osisko Gold Royalties (OR).
View all of K's competitors.

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), The Toronto-Dominion Bank (TD) and Yamana Gold (YRI).

What is Kinross Gold's stock symbol?

Kinross Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "K."

How do I buy shares of Kinross Gold?

Shares of K 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.

What is Kinross Gold's stock price today?

One share of K stock can currently be purchased for approximately C$9.98.

How much money does Kinross Gold make?

Kinross Gold has a market capitalization of C$12.59 billion and generates C$4.32 billion in revenue each year.

How many employees does Kinross Gold have?

Kinross Gold employs 8,447 workers across the globe.

What is Kinross Gold's official website?

The official website for Kinross Gold is www.kinross.com.

Where are Kinross Gold's headquarters?

Kinross Gold is headquartered at 25 York St 17th Floor, TORONTO, ON M5J 2V5, Canada.

How can I contact Kinross Gold?

Kinross Gold's mailing address is 25 York St 17th Floor, TORONTO, ON M5J 2V5, Canada. The company can be reached via phone at +1-416-3655123.

This page was last updated on 5/18/2021 by MarketBeat.com Staff

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