NYSE:KGC

Kinross Gold (KGC) Stock Price, News & Analysis

$6.74
+0.14 (+2.12%)
(As of 04/25/2024 ET)
Today's Range
$6.44
$6.79
50-Day Range
$4.79
$6.78
52-Week Range
$4.32
$6.82
Volume
23.95 million shs
Average Volume
14.58 million shs
Market Capitalization
$8.27 billion
P/E Ratio
19.81
Dividend Yield
1.78%
Price Target
$6.44

Kinross Gold MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
4.4% Downside
$6.44 Price Target
Short Interest
Healthy
0.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.55
Upright™ Environmental Score
News Sentiment
0.51mentions of Kinross Gold in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.67%
From $0.36 to $0.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.97 out of 5 stars

Basic Materials Sector

73rd out of 173 stocks

Gold & Silver Ores Industry

6th out of 37 stocks

KGC stock logo

About Kinross Gold Stock (NYSE:KGC)

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. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada. 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.

KGC Stock Price History

KGC Stock News Headlines

Kinross Gold (NYSE:KGC) Price Target Raised to $6.00
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Kinross Gold (NYSE:KGC) Trading 3.7% Higher
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Kinross to announce Q1 results on May 7, 2024
3 Stock Trades to Make for 50% Returns in Q2 2024
KGC: Raising target price to $6.00
Do Not Give Up on Newmont
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/21 Dividend
3/05/2024
Dividend Payable
3/21/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
6,600
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$6.44
High Stock Price Target
$8.15
Low Stock Price Target
$5.50
Potential Upside/Downside
-3.9%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$416.30 million
Pretax Margin
16.71%

Debt

Sales & Book Value

Annual Sales
$4.24 billion
Cash Flow
$1.27 per share
Book Value
$5.04 per share

Miscellaneous

Outstanding Shares
1,227,840,000
Free Float
1,215,560,000
Market Cap
$8.23 billion
Optionable
Optionable
Beta
1.15

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Key Executives

  • Mr. J. Paul Rollinson (Age 62)
    CEO & Director
    Comp: $2.71M
  • Mr. Geoffrey P. Gold
    President
  • Ms. Andrea Susan Freeborough
    Executive VP & CFO
  • Mr. Claude J. S. Schimper
    Executive VP & COO
  • Mr. William D. Dunford
    Senior VP of Technical Services & Chief Technical 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

KGC Stock Analysis - Frequently Asked Questions

Should I buy or sell Kinross Gold stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KGC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KGC, but not buy additional shares or sell existing shares.
View KGC analyst ratings
or view top-rated stocks.

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

7 brokerages have issued 12-month price objectives for Kinross Gold's stock. Their KGC share price targets range from $5.50 to $8.15. On average, they anticipate the company's stock price to reach $6.44 in the next year. This suggests that the stock has a possible downside of 4.4%.
View analysts price targets for KGC
or view top-rated stocks among Wall Street analysts.

How have KGC shares performed in 2024?

Kinross Gold's stock was trading at $6.05 at the beginning of the year. Since then, KGC shares have increased by 11.3% and is now trading at $6.7350.
View the best growth stocks for 2024 here
.

Are investors shorting Kinross Gold?

Kinross Gold saw a drop in short interest in April. As of April 15th, there was short interest totaling 11,510,000 shares, a drop of 15.9% from the March 31st total of 13,690,000 shares. Based on an average daily volume of 14,980,000 shares, the short-interest ratio is currently 0.8 days. Approximately 0.9% of the shares of the stock are sold short.
View Kinross Gold's Short Interest
.

When is Kinross Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our KGC earnings forecast
.

How can I listen to Kinross Gold's earnings call?

Kinross Gold will be holding an earnings conference call on Wednesday, May 8th at 7:45 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Kinross Gold's earnings last quarter?

Kinross Gold Co. (NYSE:KGC) announced its quarterly earnings results on Thursday, February, 15th. The mining company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. The mining company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.04 billion. Kinross Gold had a trailing twelve-month return on equity of 8.85% and a net margin of 9.82%. The company's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.09 earnings per share.

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

Kinross Gold announced a quarterly dividend on Wednesday, February 14th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.03 per share on Thursday, March 21st. This represents a $0.12 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Tuesday, March 5th.
Read our dividend analysis for KGC
.

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 1.82%. The dividend payout ratio is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KGC will have a dividend payout ratio of 23.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KGC.

What ETF holds Kinross Gold's stock?

iShares International Developed Small Cap Value Factor ETF holds 403,807 shares of KGC stock, representing 1.45% of its portfolio.

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

35 employees have rated Kinross Gold Chief Executive Officer J. Paul Rollinson on Glassdoor.com. J. Paul Rollinson has an approval rating of 97% among the company'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).

Who are Kinross Gold's major shareholders?

Kinross Gold's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.23%), Artemis Investment Management LLP (0.13%), Zurcher Kantonalbank Zurich Cantonalbank (0.06%), Maryland State Retirement & Pension System (0.05%), Raymond James Financial Services Advisors Inc. (0.03%) and Assenagon Asset Management S.A. (0.03%).

How do I buy shares of Kinross Gold?

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

This page (NYSE:KGC) was last updated on 4/25/2024 by MarketBeat.com Staff

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