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NYSE:KGC

Kinross Gold (KGC) Stock Price, News & Analysis

$8.03
-0.09 (-1.11%)
(As of 11:21 AM ET)
Today's Range
$8.02
$8.22
50-Day Range
$5.65
$8.22
52-Week Range
$4.32
$8.27
Volume
4.84 million shs
Average Volume
14.64 million shs
Market Capitalization
$9.87 billion
P/E Ratio
22.31
Dividend Yield
1.49%
Price Target
$7.59

Kinross Gold MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.8% Downside
$7.59 Price Target
Short Interest
Healthy
0.91% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.55
Upright™ Environmental Score
News Sentiment
0.66mentions of Kinross Gold in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.69%
From $0.51 to $0.59 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.

4.79 out of 5 stars

Basic Materials Sector

7th out of 172 stocks

Gold & Silver Ores Industry

1st out of 38 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

3 Mining Stocks to Buy to Unearth Precious Profits
Kinross Gold (NYSE:KGC) Sets New 12-Month High at $8.27
Kinross releases 2023 Sustainability Report
Kinross Gold Corp's Dividend Analysis
7 Gold Stocks to Buy Amid Alarming Fear Trade Signals
Kinross Gold (NYSE:KGC) PT Raised to $9.50
3 Under $10 Stocks to Buy Now: May 2024
Kinross Gold: A Strong Q1, But No Longer Cheap
See More Headlines
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Company Calendar

Ex-Dividend for 3/21 Dividend
3/05/2024
Dividend Payable
3/21/2024
Last Earnings
5/07/2024
Ex-Dividend for 6/13 Dividend
5/30/2024
Today
5/31/2024
Dividend Payable
6/13/2024
Next Earnings (Estimated)
8/07/2024
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
$7.59
High Stock Price Target
$11.50
Low Stock Price Target
$5.50
Potential Upside/Downside
-6.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$416.30 million
Pretax Margin
17.17%

Debt

Sales & Book Value

Annual Sales
$4.24 billion
Cash Flow
$1.27 per share
Book Value
$5.10 per share

Miscellaneous

Outstanding Shares
1,228,980,000
Free Float
1,216,693,000
Market Cap
$9.99 billion
Optionable
Optionable
Beta
1.14

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Key Executives

  • Mr. J. Paul Rollinson (Age 62)
    CEO & Director
    Comp: $2.59M
  • 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?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KGC shares.
View KGC analyst ratings
or view top-rated stocks.

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

8 analysts have issued 1 year target prices for Kinross Gold's shares. Their KGC share price targets range from $5.50 to $11.50. On average, they expect the company's stock price to reach $7.59 in the next twelve months. This suggests that the stock has a possible downside of 5.8%.
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 33.2% and is now trading at $8.06.
View the best growth stocks for 2024 here
.

Are investors shorting Kinross Gold?

Kinross Gold saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 13,110,000 shares, an increase of 13.9% from the April 15th total of 11,510,000 shares. Based on an average trading volume of 15,730,000 shares, the short-interest ratio is currently 0.8 days. Approximately 1.1% of the shares of the company 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 Wednesday, August 7th 2024.
View our KGC earnings forecast
.

How were Kinross Gold's earnings last quarter?

Kinross Gold Co. (NYSE:KGC) posted its quarterly earnings results on Tuesday, May, 7th. The mining company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.04. The mining company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.02 billion. Kinross Gold had a net margin of 9.86% and a trailing twelve-month return on equity of 9.34%. The business's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.07 earnings per share.

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

Kinross Gold declared a quarterly dividend on Tuesday, May 7th. Shareholders of record on Thursday, May 30th will be paid a dividend of $0.03 per share on Thursday, June 13th. This represents a $0.12 annualized dividend and a yield of 1.49%. The ex-dividend date is Thursday, May 30th.
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 1.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KGC will have a dividend payout ratio of 20.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KGC.

What ETFs hold Kinross Gold's stock?

ETFs with the largest weight of Kinross Gold (NYSE:KGC) stock in their portfolio include VanEck Junior Gold Miners ETF (GDXJ) and iShares International Developed Small Cap Value Factor ETF (ISVL).iShares MSCI Intl Size Factor ETF (ISZE).

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 institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (12.29%), Vanguard Group Inc. (3.70%), Boston Partners (1.48%), Donald Smith & CO. Inc. (0.93%), 1832 Asset Management L.P. (0.64%) and National Bank of Canada FI (0.59%).

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 5/31/2024 by MarketBeat.com Staff

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