Kinross Stock Analysis

KGC -  USA Stock  

USD 6.52  0.02  0.31%

Kinross Gold Corp price slip over the last few months may raise some interest from investors. The stock closed today at a share price of 6.52 on 7,295,598 in trading volume. The company directors and management were not very successful in positioning the firm resources to exploit market volatility in June. However, diversifying your holdings with Kinross Gold or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.32. The current volatility is consistent with the ongoing market swings in June 2021 as well as with Kinross Gold Corp unsystematic, company-specific events.
Please see Stocks Correlation.

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The Kinross Gold stock analysis report makes it easy to digest most publicly released information about Kinross Gold and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Kinross Stock analysis module also helps to analyze the Kinross Gold price relationship with some important fundamental indicators such as market cap and management efficiency.

Kinross Stock Analysis Notes

About 64.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.18. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kinross Gold Corp next dividend is scheduled to be issued on the 2nd of June 2021. The entity had 1:3 split on the 3rd of February 2003. 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. The company was founded in 1993 and is headquartered in Toronto, Canada. Kinross Gold operates under Gold classification in the United States and is traded on New York Stock Exchange. To find out more about Kinross Gold Corp contact J Rollinson at 416 365 5123 or learn more at http://www.kinross.com.

Kinross Gold Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Kinross Gold's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Kinross Gold Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Kinross Gold Corp generates negative expected return over the last 90 days
Kinross Gold Corp has a strong financial position based on the latest SEC filings
About 64.0% of the company shares are owned by institutional investors
Latest headline from seekingalpha.com: Kinross Gold Corporation CEO Paul Rollinson on Q2 2021 Results - Earnings Call Transcript - Seeking Alpha

Kinross Gold Corp Upcoming and Recent Events

Earnings reports are used by Kinross Gold to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Kinross Gold previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report28th of July 2021
Next Earnings Report3rd of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Kinross Largest EPS Surprises

Earnings surprises can significantly impact Kinross Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-05-10
2016-03-31-0.0102-0.0118-0.001615 
2015-11-10
2015-09-30-0.03-0.020.0133 
2013-11-13
2013-09-300.040.050.0125 
View All Earnings Estimates

Kinross Gold SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Kinross Gold prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Kinross Gold investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Kinross Gold Corp specific information freely available to individual and institutional investors to make a timely investment decision.

Kinross Gold Thematic Classifications

In addition to having Kinross Gold stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Gold and Gold Mining IdeaGold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas
Precious Metals IdeaPrecious Metals
USA Equities from Precious Metals industry as classified by Fama & French

Kinross Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 7.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kinross Gold's market, we take the total number of its shares issued and multiply it by Kinross Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Kinross Profitablity

Kinross Gold's profitability indicators refer to fundamental financial ratios that showcase Kinross Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Kinross Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Kinross Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Kinross Gold's profitability requires more research than a typical breakdown of Kinross Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 31.69 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 50.3 %, which entails that for every 100 dollars of revenue, it generated 0.5 of operating income.
Last ReportedProjected for 2021
Return on Average Assets 0.13  0.14 
Return on Average Equity 0.23  0.24 
Return on Invested Capital 0.19  0.21 
Return on Sales 0.45  0.48 

Management Efficiency

The entity has Return on Asset of 11.22 % which means that on every $100 spent on asset, it made $11.22 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 22.84 %, implying that it generated $22.84 on every 100 dollars invested. Kinross Gold management efficiency ratios could be used to measure how well kinross gold corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Average Assets is expected to grow to 0.14. The current year Return on Average Equity is expected to grow to 0.24. Kinross Gold Goodwill and Intangible Assets are projected to decrease significantly based on the last few years of reporting. The past year's Goodwill and Intangible Assets were at 142.92 Million. The current year Tax Assets is expected to grow to about 33.5 M, whereas Total Assets are forecasted to decline to about 10.4 B.
Last ReportedProjected for 2021
Book Value per Share 5.25  5.45 
Enterprise Value over EBIT 6.00  7.95 
Enterprise Value over EBITDA 3.83  4.13 
Price to Book Value 1.40  1.29 
Tangible Assets Book Value per Share 8.57  8.16 
Enterprise Value10.5 B8.7 B
Tangible Asset Value10.8 B9.8 B

Technical Drivers

As of the 30th of July, Kinross Gold secures the mean deviation of 1.73, and Risk Adjusted Performance of (0.027371). Kinross Gold Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Kinross Gold, which can be compared to its peers in the industry. Please verify Kinross Gold Corp value at risk, and the relationship between the jensen alpha and semi variance to decide if Kinross Gold Corp is priced some-what accurately, providing market reflects its recent price of 6.52 per share. Given that Kinross Gold Corp has jensen alpha of (0.19), we recommend you to check Kinross Gold's last-minute market performance to make sure the company can sustain itself at a future point.

Kinross Gold Corp Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Kinross Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Kinross Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Kinross Gold Predictive Daily Indicators

Kinross Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Kinross Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Kinross Gold Forecast Models

Kinross Gold time-series forecasting models is one of many Kinross Gold's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kinross Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Kinross Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Kinross Gold stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Kinross shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Kinross Gold. By using and applying Kinross Stock analysis, traders can create a robust methodology for identifying Kinross entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin 0.65  0.70 
Gross Margin 0.55  0.59 
Profit Margin 0.32  0.34 
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. The company was founded in 1993 and is headquartered in Toronto, Canada. Kinross Gold operates under Gold classification in the United States and is traded on New York Stock Exchange.

Current Kinross Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Kinross analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Kinross analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
10.78Buy14Odds
Kinross Gold Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Kinross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Kinross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kinross Gold Corp, talking to its executives and customers, or listening to Kinross conference calls.
Kinross Analyst Advice Details

Kinross Stock Analysis Indicators

Kinross Gold Corp stock analysis indicators help investors evaluate how Kinross Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Kinross Gold shares will generate the highest return on investment. By understating and applying Kinross Gold stock analysis, traders can identify Kinross Gold position entry and exit signals to maximize returns.
Quick Ratio1.09
Trailing Annual Dividend Rate0.09
Fifty Two Week Low5.98
Revenue Growth12.10%
Payout Ratio8.33%
Average Daily Volume Last 10 Day13.96M
Shares Short Prior Month11.99M
Average Daily Volume In Three Month13.62M
Earnings Growth21.40%
Shares Percent Shares Out0.70%
Earnings Quarterly Growth21.80%
Gross Margins59.21%
Forward Price Earnings7.21
Float Shares1.25B
Fifty Two Week High10.32
Fifty Day Average6.64
Enterprise Value To Ebitda4.14
Two Hundred Day Average7.06
Enterprise Value To Revenue2.08
Trailing Annual Dividend Yield1.46%
Please see Stocks Correlation. Note that the Kinross Gold Corp information on this page should be used as a complementary analysis to other Kinross Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Kinross Gold Corp price analysis, check to measure Kinross Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
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The market value of Kinross Gold Corp is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine Kinross Gold value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.