Update shared on06 Aug 2025
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.
- The company completed a buyback of 15,189,642 shares (1.23% of outstanding) for $228.5 million under its March 2025 repurchase program.
- Kinross reported Q2 consolidated production of 512,574 gold equivalent ounces, down from 535,338 ounces year over year; six-month production was 1,059,938 ounces versus 1,062,737 ounces a year ago.
- Puma Exploration, in collaboration with Kinross, started a 3,500-metre drill program at the Lynx Gold Zone (Williams Brook Project), part of a fully funded plan for Kinross to earn a 65% stake by investing up to $16.75 million in exploration and drilling activity over five years.
Valuation Changes
Summary of Valuation Changes for Kinross Gold
- The Consensus Analyst Price Target has risen from CA$24.41 to CA$26.17.
- The Consensus Revenue Growth forecasts for Kinross Gold has significantly fallen from 5.7% per annum to 1.4% per annum.
- The Future P/E for Kinross Gold has significantly risen from 18.03x to 25.11x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.