Executive Summary
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -0.7% per year for the next 3 years
Snowflake Analysis
Fair value with acceptable track record.
Similar Companies
Share Price & News
How has Kinross Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: K's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.5%
K
2.6%
CA Metals and Mining
2.3%
CA Market
1 Year Return
96.4%
K
31.4%
CA Metals and Mining
-12.4%
CA Market
Return vs Industry: K exceeded the Canadian Metals and Mining industry which returned 31.4% over the past year.
Return vs Market: K exceeded the Canadian Market which returned -12.4% over the past year.
Shareholder returns
| K | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 2.6% | 2.3% |
| 30 Day | 18.1% | 12.0% | -2.9% |
| 90 Day | 40.7% | 41.4% | 12.2% |
| 1 Year | 96.4%96.4% | 32.3%31.4% | -9.4%-12.4% |
| 3 Year | 91.5%91.5% | 32.5%30.3% | 4.2%-5.7% |
| 5 Year | 276.3%276.3% | 85.3%80.3% | 22.1%3.8% |
Price Volatility Vs. Market
How volatile is Kinross Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Kinross Gold Corporation (TSE:K) Is Employing Capital Very Effectively2 months ago | Simply Wall St
Are Strong Financial Prospects The Force That Is Driving The Momentum In Kinross Gold Corporation's TSE:K) Stock?3 months ago | Simply Wall St
The Kinross Gold (TSE:K) Share Price Has Gained 78% And Shareholders Are Hoping For MoreValuation
Is Kinross Gold undervalued compared to its fair value and its price relative to the market?
11.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: K (CA$9.86) is trading above our estimate of fair value (CA$6.73)
Significantly Below Fair Value: K is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: K is good value based on its PE Ratio (11.8x) compared to the Metals and Mining industry average (24.4x).
PE vs Market: K is good value based on its PE Ratio (11.8x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: K's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: K is good value based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (2.2x).
Next Steps
Future Growth
How is Kinross Gold forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
-0.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: K's earnings are forecast to decline over the next 3 years (-0.7% per year).
Earnings vs Market: K's earnings are forecast to decline over the next 3 years (-0.7% per year).
High Growth Earnings: K's earnings are forecast to decline over the next 3 years.
Revenue vs Market: K's revenue (0.9% per year) is forecast to grow slower than the Canadian market (5.5% per year).
High Growth Revenue: K's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: K's Return on Equity is forecast to be low in 3 years time (8.6%).
Next Steps
Past Performance
How has Kinross Gold performed over the past 5 years?
74.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: K has high quality earnings.
Growing Profit Margin: K became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: K has become profitable over the past 5 years, growing earnings by 74.6% per year.
Accelerating Growth: K has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: K has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).
Return on Equity
High ROE: K's Return on Equity (14.5%) is considered low.
Next Steps
Financial Health
How is Kinross Gold's financial position?