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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed opinions about Kinross Gold. One expert sees the share price trend as very positive, making it good for long-term investors, while another expert likes the royalty business model and also regards Kinross favorably. However, there are concerns about historical issues with Kinross and the high development risk associated with another company. Overall, there is a sense of cautious optimism surrounding Kinross Gold.

Consensus
Mixed
Valuation
Fair Value
Similar
Barrick Gold, GOLD
HOLD
Kinross Gold
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We think K is an OK solid miner and recent quarterly results were strong. The company does have decently high debt with a net debt balance of $1.8B, but debt/equity ratio is only 0.36x which makes us less concerned. Free cash flows have been rising over the last few years and revenues have been growing quite nicely as well. We think it is still worth it to hold onto K given the company's progress in its drilling campaign and the recent strength of gold. It has had some issues in the past with mines but these have been largely cleared up. It also had some Russian exposure but these assets were sold in 2022. 
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precious metals
BUY
Kinross Gold

Share price trend heading up and to the right. Very good for long term investors. Expecting further gains. Share price around $10 is reasonable. Good for long term investors. Gold prices very strong. 

precious metals
BUY
Kinross Gold

Not his area of expertise. His firm has liked FNV for a while. Royalty business model makes a lot of sense. Very interesting space right now. Also likes Kinross.

precious metals
DON'T BUY
Kinross Gold
ELD vs. K

Doesn't own either. Kinross has historical issues trying to right the ship, doing better recently. 

For ELD, a very high 60% of NAV is exposed to development risk. Recent mine is financed and built, but there's still execution risk. Trades at a discount on geopolitical risk too.

His preference is AEM, with one of the best teams and one of the best executions he's seen over the last decade.

precious metals
BUY ON WEAKNESS
Kinross Gold

Pulled back recently.
Has sold shares, but looking with current share price.
Wait a little before buying.
Expects gold to go up the next few years. 

precious metals
WATCH
Kinross Gold
Late-December to mid-February is gold seasonality. Kinross has corrected with the sector, but it can do well. Let it run and see if it performs well. If not, then exit.
precious metals
BUY
Kinross Gold

Has initiated a position in the company. Company focusing on core business model. Strength in US Dollar putting pressure on gold (expect this won't last). Larger institutions recently buying shares in the company.

precious metals
DON'T BUY
Kinross Gold
Will the price ever recover? If gold recovers, then it will. Some issues to work through. He prefers the bigger gold stocks at the beginning of the cycle, such as AEM, ABX, and NGT. Those ones will move first. You can then drop down to the intermediates as the cycle matures.
precious metals
DON'T BUY
Kinross Gold
The gold trade is comparatively better, but the last year and a half has not been good. It is range bound. Recent highs won't be seen for a while. The competition from crypto as an alternative inflationary hedge compared to gold has pulled a lot of money out of the sector. Thinks it will come back to the sector. Not long on this name but is in the sector.
precious metals
TOP PICK
Kinross Gold
Good company with great upside and leverage. $11 target. Great for older clients who want just one company in the sector, and wait for better gold and silver prices. Yield is 2.19%. (Analysts’ price target is $12.28)
precious metals
DON'T BUY
Kinross Gold
He prefers the royalty companies, as you divorce yourself from the risk of cost overruns, strikes, rockslides, etc. Particularly troublesome asset in Mauratania, due to government intervention.
precious metals
DON'T BUY
Kinross Gold

Barrick Gold? He prefers Kirkland Lake and Agnico Eagle among the big producers, because they have better leverage and are streamlined. He always puts Barrick and Kinross in the same category. Kinross buys assets at low prices, but he'd rather buy the companies they buy than Kinross itself. (The one positive with Barrick is Warren Buffet coming on board; big-value investors will buy Barrick and won't bother researching the mid-tiered players.) That said, he expects a better-levered move from KL and AE.

precious metals
HOLD
Kinross Gold
Golds have been consolidating since July. Own gold if you think there's a disaster waiting out there.
precious metals
WAIT
Kinross Gold

Bullish on gold. This one will give you exposure to the miners. He's always looked for the best operators, like KL with its clean balance sheet. Watch the USD. If it continues to rally, you'll get a much better opportunity to buy.

precious metals
DON'T BUY
Kinross Gold

The earnings were good. He just doesn't like these big companies. He has done better with the other producers. He would go with Agnico that presents a better value. (Analysts’ price target is $9.25)

precious metals
Showing 1 to 15 of 628 entries

Kinross Gold(K-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Kinross Gold is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Kinross Gold(K-T) Frequently Asked Questions

What is Kinross Gold stock symbol?

Kinross Gold is a Canadian stock, trading under the symbol K-T on the Toronto Stock Exchange (K-CT). It is usually referred to as TSX:K or K-T

Is Kinross Gold a buy or a sell?

In the last year, 3 stock analysts published opinions about K-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kinross Gold.

Is Kinross Gold a good investment or a top pick?

Kinross Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Kinross Gold.

Why is Kinross Gold stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Kinross Gold worth watching?

3 stock analysts on Stockchase covered Kinross Gold In the last year. It is a trending stock that is worth watching.

What is Kinross Gold stock price?

On 2024-07-23, Kinross Gold (K-T) stock closed at a price of $12.46.