3.49%
24.42%
18.22%
32.35%
124.16%
141.78%
147.54%
AI Spotlight on K
Company Description
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.Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.
Market Data
| Last Price | 16.61 |
| Change Percentage | 3.49% |
| Open | 16.41 |
| Previous Close | 16.05 |
| Market Cap ( Millions) | 20414 |
| Volume | 3033216 |
| Year High | 16.8 |
| Year Low | 6.46 |
| M A 50 | 14.26 |
| M A 200 | 12.44 |
Financial Ratios
| FCF Yield | 6.20% |
| Dividend Yield | 1.04% |
| ROE | 11.79% |
| Debt / Equity | 18.81% |
| Net Debt / EBIDTA | 32.57% |
| Price To Book | 2.12 |
| Price Earnings Ratio | 19.05 |
| Price To FCF | 16.13 |
| Price To sales | 2.89 |
| EV / EBITDA | 6.24 |
News
- Jan -29 - U.S. Steel to Post Q4 Earnings: What's in Store for the Stock?
- Jan -27 - Eastman Chemical to Post Q4 Earnings: What's in Store for the Stock?
- Jan -27 - Kinross Gold's Production Outlook Improves, Analyst Double Upgrades Stock
- Jan -27 - BofA revises gold miners ratings: KGC double upgraded, GOLD downgraded
- Jan -24 - Will Weaker Steel Prices Weigh on Nucor's Earnings in Q4?
- Jan -24 - International Paper Gears Up to Report Q4 Earnings: What to Expect
- Jan -22 - Freeport-McMoRan to Post Q4 Earnings: What's in Store for the Stock?
- Jan -21 - Steel Dynamics to Post Q4 Earnings: What's in the Cards for the Stock?
- Jan -13 - Kinross to announce 2024 Q4/full-year results and 2025 guidance on February 12, 2025
- Jan -09 - Here’s Why Kinross Gold Corporation (KGC) Skyrocketed Today
- Jan -07 - Zacks Industry Outlook Highlights Agnico Eagle Mines, Franco-Nevada, Kinross Gold, Equinox Gold and Gold Royalty
- Jan -06 - 5 Gold Mining Stocks to Watch as Industry Prospects Look Bright
- Dec -28 - Is Kinross Gold (KGC) the Best Low Priced Stock to Invest in Now?
- Dec -19 - Estimating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)
- Dec -15 - Is Kinross Gold Corporation (KGC) One of the Most Promising Gold Stocks According to Hedge Funds?
- Dec -12 - Why Kinross Gold (KGC) Is Among the Most Profitable Gold Stocks to Buy Now
- Dec -09 - Kinross Gold: Fort Knox Adds Manh Choh Production
- Dec -06 - The Doomsday Trade: These 3 Assets Could Skyrocket if WW3 Breaks Out
- Nov -30 - Why Kinross Gold (KGC) is the Best Canadian Stock to Buy Under $10?
- Nov -28 - Are Basic Materials Stocks Lagging Eldorado Gold (EGO) This Year?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Tasiast
Expected Growth : 2.5 %
What the company do ?
Tasiast is a gold mine in Mauritania, owned and operated by Kinross Gold Corporation, producing over 400,000 ounces of gold annually.
Why we expect these perspectives ?
Tasiast's 2.5% growth is driven by increasing gold production, improved operating efficiencies, and higher gold prices. The mine's expansion project, which increased throughput and recovery rates, has also contributed to the growth. Additionally, Kinross Gold's cost reduction initiatives and favorable currency exchange rates have enhanced the segment's profitability.
Segment n°2 -> Paracatu
Expected Growth : 2.8 %
What the company do ?
Paracatu is a large open-pit gold mine in Brazil, operated by Kinross Gold Corporation, producing over 480,000 ounces of gold annually.
Why we expect these perspectives ?
Paracatu's 2.8% growth is driven by increased gold production, improved ore grades, and enhanced processing recoveries. Additionally, cost savings initiatives and favorable foreign exchange rates contribute to the growth. The mine's life extension project and exploration success also support the growth momentum.
Segment n°3 -> Fort Knox
Expected Growth : 2.2 %
What the company do ?
Fort Knox is a gold mine in Alaska, operated by Kinross Gold Corporation, producing over 250,000 ounces of gold annually.
Why we expect these perspectives ?
Fort Knox's 2.2% growth is driven by increased gold production, improved ore grades, and enhanced mill recoveries. Additionally, Kinross' focus on cost reduction initiatives, exploration success, and strategic investments in the mine's infrastructure have contributed to the growth. The mine's long-life and low-cost profile, combined with a strong gold price environment, further support its growth prospects.
Segment n°4 -> La Coipa
Expected Growth : 2.9 %
What the company do ?
La Coipa is a gold and silver open-pit mine in Chile, operated by Kinross Gold Corporation, producing over 300,000 ounces of gold annually.
Why we expect these perspectives ?
La Coipa's 2.9% growth is driven by increasing gold prices, improved operational efficiency, and successful exploration efforts. The mine's high-grade ore and low-cost production also contribute to its growth. Additionally, Kinross Gold's strategic investments in exploration and development have enhanced the mine's potential, further supporting its growth trajectory.
Segment n°5 -> Round Mountain
Expected Growth : 2.6 %
What the company do ?
Round Mountain is a gold mine in Nevada, USA, operated by Kinross Gold Corporation, producing over 400,000 ounces of gold annually.
Why we expect these perspectives ?
Round Mountain's 2.6% growth is driven by increased gold production, improved ore grades, and enhanced processing recoveries. Additionally, cost savings from operational efficiencies and a favorable gold price environment contribute to the growth. The mine's long-life ore reserves and ongoing exploration efforts also support future production growth.
Segment n°6 -> Bald Mountain
Expected Growth : 2.4 %
What the company do ?
Bald Mountain is a gold mine in Nevada, USA, operated by Kinross Gold Corporation, producing over 200,000 ounces of gold annually.
Why we expect these perspectives ?
Bald Mountain's 2.4% growth is driven by increasing gold prices, improved ore grades, and enhanced operational efficiency. The mine's low-cost profile, combined with Kinross' focus on cost reduction initiatives, has also contributed to the growth. Additionally, the company's exploration efforts have led to the discovery of new mineral reserves, further supporting the segment's expansion.
Segment n°7 -> Corporate and Other
Expected Growth : 2.1 %
What the company do ?
Corporate and Other from Kinross Gold Corporation refers to the company's headquarters and other non-operating units that provide support functions, but do not generate revenue.
Why we expect these perspectives ?
Kinross Gold's Corporate and Other segment growth of 2.1% is driven by increased gold prices, reduced general and administrative expenses, and a favorable foreign exchange impact. Additionally, the company's cost savings initiatives and operational efficiencies have contributed to the growth.
Kinross Gold Corporation Products
| Product Range | What is it ? |
|---|---|
| Gold | Kinross Gold Corporation is a Canadian-based gold mining company that produces gold, a precious metal used in jewelry, coins, and other decorative items. |
| Silver | Kinross Gold Corporation also produces silver as a by-product of gold mining, used in various industrial applications, electronics, and medical devices. |
Kinross Gold Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Kinross Gold Corporation is medium due to the availability of alternative metals and recycling of gold. However, the uniqueness of gold as a store of value and its aesthetic appeal limit the threat of substitutes.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fragmented nature of the gold market and the lack of concentration among buyers. Additionally, gold is a non-essential product, giving customers limited bargaining power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the concentration of gold ore suppliers and the high switching costs associated with changing suppliers. However, the availability of alternative suppliers and the lack of differentiation among suppliers limit their bargaining power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the gold mining industry, including the need for significant capital investment and the complexity of the mining process.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the gold mining industry, with many established players competing for market share and limited opportunities for differentiation.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 27.09% |
| Debt Cost | 5.21% |
| Equity Weight | 72.91% |
| Equity Cost | 9.91% |
| WACC | 8.63% |
| Leverage | 37.15% |
Kinross Gold Corporation : Quality Control
Kinross Gold Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LUG.TO | Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 … |
| RGLD | Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that … |
| BTO.TO | B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, … |
| BCC | Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products … |
| ELD.TO | Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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Boise Cascade
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Lundin Gold
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B2Gold
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Royal Gold
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Kinross Gold
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