
TSE:K
This summary was created by AI, based on 6 opinions in the last 12 months.
Kinross Gold has garnered positive sentiment from various experts, indicating a cautiously optimistic outlook for the company's growth, particularly in the context of a favorable political environment for the resource industry. Despite experiencing significant gains of 139% year-to-date, there remains a perception that the stock is trading at a discount to its peers, presenting potential upside for re-rating. The company has successfully managed to eliminate nearly $2 billion of debt and is focusing heavily on North and South American operations after divesting its Russian assets. Financially, Kinross is projected to deliver strong revenue and earnings growth while maintaining a robust free cash flow yield exceeding 10%. However, some caution persists due to geopolitical risks, especially in regions like Africa, but overall, experts see Kinross as a solid investment in the gold sector with good leverage to gold prices.
Too expensive for him. An interesting contrarian play. Not on his Stock Watch list as it still doesn’t qualify in terms of the filters. If it came down a bit more, it potentially could. If you want to buy in on this stock, you have to understand what the potential is for the mine and how it might not work out the way they planned.
Trading .75 book. Questions if it has corrected enough. Thinks they have not cleaned house enough. He would rather sit on the sidelines. It is cheap but it could be cheap for a long time. Could be taken out but there is an important message with Barrack: The market is waiting for you to get back to basics.
Not crazy about it because it has assets in Russia and she would not be investing there because it is a very strange place – she was just there on vacation. There is political risk, increasing, right across the spectrum, especially in mining stocks. There is political pressure to earn more money one way or another with these assets. Prefers Franco Nevada – she trades it a lot. She also buys bullion because no political risk.
(Market Call Minute) Disappointed so many times.