Kinross Gold Stock Analysis

Kinross Stock Analysis Notes

About 68.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kinross Gold last dividend was issued on the 5th of March 2024. 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. Kinross Gold Corporation 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 contact J Rollinson at 416 365 5123 or learn more at https://www.kinross.com.

Kinross Gold Investment Alerts

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Kinross Gold Thematic Classifications

Kinross Stock Institutional Investors

Note, although Kinross Gold's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Kinross Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 7.95 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 those looking for more risk prefer small-cap and mid-cap equities.

Kinross Profitablity

The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.16 %, which entails that for every 100 dollars of revenue, it generated $0.16 of operating income.

Management Efficiency

Kinross Gold has Return on Asset of 0.0456 % which means that on every $100 spent on assets, it made $0.0456 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0688 %, implying that it generated $0.0688 on every 100 dollars invested. Kinross Gold's management efficiency ratios could be used to measure how well Kinross Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Kinross Gold's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.66, whereas Total Assets are forecasted to decline to about 6.6 B.

Technical Drivers

As of the 24th of April, Kinross Gold secures the Mean Deviation of 1.86, risk adjusted performance of 0.0862, and Downside Deviation of 2.12. Kinross Gold 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 value at risk, and the relationship between the jensen alpha and semi variance to decide if Kinross Gold is priced some-what accurately, providing market reflects its recent price of 6.56 per share. Given that Kinross Gold has jensen alpha of 0.1644, 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 Price Movement Analysis

Kinross Gold Predictive Daily Indicators

Kinross Gold Corporate Filings

Kinross Gold Forecast Models

Kinross Gold's time-series forecasting models are one of many Kinross Gold's stock analysis techniques aimed at predicting 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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Kinross Gold prices is reacting to, or reflecting on a current 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.

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.

Kinross Gold 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.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.Note that the Kinross Gold 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 the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

When running Kinross Gold's 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 the 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.

Is Kinross Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinross Gold. If investors know Kinross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinross Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Kinross Gold 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's underlying business (such as a 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 if Kinross Gold is a good investment 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.