TSE:K

Kinross Gold (K.TO)

33.08
+1.42 (4.49%)
as of Jul 21, 2026, 8:00:00 pm Market Open.
175 watching
0
Investor Insights
star iconJul 21, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

Kinross Gold has garnered a mix of opinions from various experts, reflecting both cautious optimism and strategical insights. Many point to the potential for gold prices to rise, with some speculation about future corrections. The company has successfully introduced operational improvements and has transformed its geographical focus, having eliminated a significant amount of debt and enhanced its free cash flow yield. Despite strong performance indicators, such as a substantial share buyback and exceeding earnings expectations, experts also caution about geopolitical risks, particularly in Africa, and suggest taking profits due to the recent strong rally. Overall, while Kinross is seen as a leader in the gold mining sector with promising growth potential, there is an acknowledgment of the need for careful consideration of current valuations and market conditions.

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Consensus
Positive
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Valuation
Undervalued
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BUY
Kinross (K-T) or Barrick (ABX-T)? Kinross acquired Red Back mining and the market punished it. Management is confidant that the resource is very large so are bullish on the project. Barrick just acquired a copper complex. He would prefer Kinross.
WAIT
Results were quite good about a week ago. Drilled a red back deposit but it was infilled drilling. They said they would get to 20 million oz. They have got there already and are now drilling on the edges to extend it further. This is the cheapest senior stock by far.
TOP PICK
Resource sector is funny. Metal prices are higher but stocks have not followed. When the bought Red Back mining last year, they got one of the largest growing global gold deposits, 20 million ounces plus. Thinks the golds can play catch up to the commodity like the oils did.
COMMENT
Has been an underperformer since it bought Redback, whose resources were 17 million ounce’s at the time. Kinross went on a limb with an expectation of 22-25 million ounces. Last update showed it at 18 at this point and they are aggressively drilling. Reputation is on the line as it is a company maker or transformer as a total of their resource will come out if this asset.
BUY
Likes it. It was widely perceived that they over paid for redback. Analyst trip to Africa got mixed reviews. One of the biggest producers of gold. This is an attractive entry point. His goto name in gold producers.
WATCH
Their future depends very much on regarding the property in Africa they acquired last year. This is a major component. Assuming it proves out and gets into development in the next few years, it could see quite a rebound. Right now it’s a “wait and see” attitude.
SELL
A “show me” story having to prove up ounces in West Africa. Did a big acquisition (Red Back) and may have overpaid for it. It will take them a while to digest this. He moved to Goldcorp (G-T). At some point in time a move back to this opne will probably make sense. (See comments under Goldcorp (G-T).
SELL
Along with a lot of gold stocks has not done as well as physical gold has. Has under performed more than others because of it major acquisition of Redback Mining. There were a lot of questions about the size of the resource and whether they had overpaid. This is now a “show me” story. Thinks gold is a good place to be and if you own, consider moving into another position such as Barrick (ABX-T), Goldcorp (G-T) or Yamana Gold (YRI-T).
HOLD
Trading at about 1.3X NAV. Growth by acquisition story. Largely volatile sideways trader between $15 and $18 per share. Looking to double production going into 2014-2015. Going to be all back-end loaded on the ramp of the increased production in Tasiast in Mauritania (Redback acquisition). Many European holders of Redback are still considering selling so there may be pressure on the stock. Still a question on Equador and the proposed windfall tax. Doesn’t like the Russian risk.
BUY
By far the cheapest senior stock. For next 3 or 4 months they will be doing infill drilling only in their acquisition feasibility study so it won’t add oz to production. Otherwise they are adding oz to production and if they continue they will fully justify their price by this fall.
COMMENT
Management says the Red back acquisition is enormous and is going to surprise everyone. Analysts are more skeptical and suggest that the price has been whacked so much that it is likely a target for a large gold., but who is big enough? This is a very remote possibility. (See Top Picks.)
COMMENT
Not interesting for him. Finds gold prices do well towards the end of the year when there is a lot of buying, particularly ion India. Also finds a good time to get out is when they have the commodity show in Toronto in February.
DON'T BUY
Market hates it so stay away.
TOP PICK
Stock has suffered he thinks because of the Redback purchase. 63 million ounces so looks cheaper than all the other majors, except fo Barrick (ABX-T). Could have further discoveries in some of their less expored properties.
BUY
He has been buying it here. It is his largest gold position in the fund. Gold will work its way through $2000. They under performed since they bought Redback. People worried about the costs of bringing it back on. Libya brought the stock under additional pressure. You are discounting the assets to the point you are getting the Redback asset for free.
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