Persistent Inflation And Uncertainty Will Sustain High Gold Prices

Published
08 Feb 25
Updated
14 Aug 25
AnalystConsensusTarget's Fair Value
CA$25.20
3.7% overvalued intrinsic discount
14 Aug
CA$26.14
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1Y
113.4%
7D
1.2%

Author's Valuation

CA$25.2

3.7% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on06 Aug 25
Fair value Increased 3.25%

Despite a sharp reduction in forecasted revenue growth and a notable increase in the forward P/E multiple, analysts have raised Kinross Gold's consensus price target from CA$24.41 to CA$26.17. What's in the News Kinross Gold reaffirmed 2025 production guidance, remaining on track to produce 2 million ounces at a cost of sales of $1,120 per ounce and all-in sustaining cost of $1,500 per ounce, with production expected to be evenly split between the remaining quarters.

Shared on01 May 25
Fair value Increased 9.75%

Shared on23 Apr 25
Fair value Increased 8.43%

AnalystConsensusTarget has increased revenue growth from 4.4% to 5.7%.

Shared on17 Apr 25
Fair value Increased 3.07%

AnalystConsensusTarget has increased revenue growth from 3.1% to 4.4%, increased profit margin from 17.6% to 20.4% and decreased future PE multiple from 20.1x to 17.2x.

Shared on09 Apr 25
Fair value Decreased 0.70%

AnalystConsensusTarget has increased revenue growth from 1.6% to 3.1%.

Shared on02 Apr 25
Fair value Decreased 13%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 9.20%

Shared on19 Mar 25
Fair value Increased 12%

AnalystConsensusTarget has increased revenue growth from 2.4% to 3.2%, increased profit margin from 18.0% to 22.8%, decreased future PE multiple from 20.0x to 17.7x and decreased shares outstanding growth rate from 0.0% to -0.0%.

Shared on13 Mar 25
Fair value Increased 44%

AnalystConsensusTarget has decreased revenue growth from 5.7% to 2.4%, increased profit margin from 13.9% to 18.0% and decreased future PE multiple from 23.2x to 20.0x.