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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Similar
Agnico-Eagle, AEM
BUY ON WEAKNESS
(Market Call Minute.) Buy below $18. Wait for a pullback in gold prices.
PAST TOP PICK
(A Top Pick Dec 19/06. Up 35%.) Sold his holdings in the hopes that he could buy it back at a cheaper price.
BUY
There is little correlation sometimes between the price of gold and gold shares. Likes gold very much and to act as a counter balance to his StreetTracks Gold ETF (GLD-N) he bought a package of gold stocks including Kinross (K-T), Agnico Eagle (AEM-T) and Yamana Gold (YRI-T).
PAST TOP PICK
(A Top Pick Nov 13/06. Up 25.6%.) Sold at $18.65 (Up 33.5%.) just prior to their earnings announcements. Likes the company in terms of their production profile and would go back in at about $15 or $16.
BUY
He is bullish on gold.
DON'T BUY
He has a model price of $15.97. He sold his position yesterday.
BUY
Very acquisition driven, which has made them slow down. Has some political concerns in Russia or Kassastan or Kerbinstan.
PAST TOP PICK
(Up 112% since Oct. 06) He is still holding it but not expecting it to have the same return over the next year. KinRoss benefited from making up a low evaluation, production growth and a higher gold price.
TOP PICK
(A Past Top Pick Nov 13/06. Up 12%.) Likes the gold sector. Basically playing off the weakening US$. Recently announced a swap with Goldcorp (G-T). Goldcorp picks up some Canadian assets and Kinross gets $200 million plus additional positions in some South American assets. Gives them lower operating costs plus maintaining their production profile. Looking to do 1.65 million ounces this year, growing to 2.1 next year and then to 2.6 the following year.
COMMENT
Likes companies that not only meet his business test but also leads from a price perspective. Prefers Barrick (ABX-T) (See Top Pick) and Agnico-Eagle (AEM-T). The latter has great growth prospects and an extremely large shareholder base in the US.
BUY
May have to do some meandering around the current trading range. This will give you a buying opportunity.
HOLD
This and Agnico Eagle (AEM-T) are his favourite golds. Yamana (YRI-T) becomes a major player with it’s acquisition of Meridian (MNG-T), so he'll want to have a look at this too.
BUY
Expect it will go to $17 or $18 on the run-up in gold in the next little while. A little higher costs, but has a lot of growth coming from Russia. Some minor problems, but looks okay.
BUY
Prefers larger, more liquid gold stocks, such as this one rather than exploration companies. Look at mid-tier names. Expecting gold to go higher in the next 2 years.
TOP PICK
Have done a very good job in making astute acquisitions. Looking like one of the stronger gold production stories, which should afford them a higher PE multiple. 1.65 million ounces of production this year, moving to 2.1-2.2 million next year and up to 2.7 the following year. Production costs have risen a little bit, but overall a great investment.
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