TSE:K

Kinross Gold (K.TO)

32.99
-2.21 (6.28%)
as of Jun 10, 2026, 8:00:00 pm Market Open.
174 watching
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Investor Insights
star iconJun 10, 2026, 12:00 am

This summary was created by AI, based on 6 opinions in the last 12 months.

Kinross Gold (K-T) has seen a significant uptick in its stock performance, with a 139% increase year-to-date, supported by strong Q2 2025 earnings that exceeded expectations. There’s a cautious optimism among analysts regarding the geopolitical environment which is believed to be conducive for the resource sector. Despite facing high geopolitical risks, particularly from their past Russian ventures, the company has shifted focus to North and South America, which constitutes about 80% of its operations. The firm has demonstrated consistent operational performance and debt reduction, achieving a free cash flow yield of over 10%. Analysts view Kinross's established assets, particularly in Canada, alongside its competitive positioning in the gold market, as promising for future growth, although some express concerns regarding potential geopolitical risks limiting upside, and the stock's recent substantial movement may indicate it's a suitable time to realize profits.

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Consensus
Cautious
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Valuation
Undervalued
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COMMENT
Raised a lot of money for acquisitions. Whenever a company does this, there is overhang in the market that prevents the share price from rising. Their validation will come through with all of their mines start to kick out production and are able to put ounces into inventory.
DON'T BUY
Starting to have high-volumes but he doesn't know why. Hasn’t liked this one for a long time. Too much political risk.
HOLD
Poor performer due to concerns about project execution. On balance, it has good projects and the stock should be able to recover eventually. (Would prefer Goldcorp (G-T) and Newmont (NEM-N).)
HOLD
Has always had a concern about this company’s dependence on Russia where it has virtually all of its gold mines. Prefers Goldcorp (G-T) and Iamgold (IMG-T). None of the companies have performed as well as bullion.
DON'T BUY
Difficult for him to find value in the gold sector at all. This isn't one that really jumps out at him as a possible as a Buy him. Doesn't pass his initial inspection with income statement and cash flow ratios.
DON'T BUY
Would favour companies with a much more predictable stream now vs. later.
DON'T BUY
Have done some interesting things over the last couple of years. They changed the growth profile over the last couple of years. Cash costs are high. They have major league cap X to build mines and grow production. There are risk in front of investors. He is cautious with this name.
BUY
Compelling valuation for sure. Within gold group you have had so much risk aversion over the last couple of months. They have a lot of money to spend, best growth outlook of the seniors over the next 4 years but a little country risk and capital risk. Thinks it will catch up eventually and all the risk is priced in. Rewarding in the long-term.
DON'T BUY
Has been an under performer and deservedly so. Questionable acquisitions in the last couple of years. It was questions of where they were. They paid too much and that held the stock back.
HOLD
Gold equities have lagged the gold price but expect they will play catch up. Large cap golds are trying to grow their production, and if they can’t do it organically they have to make acquisitions. This one acquired Redback Mining so they now have an inventory of projects to work on.
COMMENT
His primary holding in gold is Goldcorp (G-T) but if you think gold is going to $2000-$2500 it probably has better leverage than Goldcorp.
TOP PICK
Took quite a hit when some of their production was not up to snuff. Technically it looks like it is on the recovery basis. Has a wide range of mines globally. Looks reasonably priced compared to some of the other golds.
DON'T BUY
A lot of gold stocks have not participated as the physical commodity has. In the dog house because of acquisitions they made that stretched the balance sheet. It will be hard for them to grow production without debt, raising equity or selling assets.
WEAK BUY
Have some interest assets to develop. Not going to have a lot of fire in it. Not a preferred gold stock at this time but good long term.
COMMENT
Trimmed his position over the last year. Has been one of the weaker performers over the last several years. Paid a high price for Redback even though it is a world class deposit.
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