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Kinross Gold CorporationTSX:K Stock Report

Market Cap CA$50.2b
Share Price
CA$41.62
CA$54.92
24.2% undervalued intrinsic discount
1Y102.4%
7D1.1%
Portfolio Value
View

Kinross Gold Corporation

TSX:K Stock Report

Market Cap: CA$50.2b

Kinross Gold (K) Stock Overview

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. More details

K fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends0/6

K Community Fair Values

Create Narrative

See what 89 others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

Kinross Gold Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kinross Gold
Historical stock prices
Current Share PriceCA$41.62
52 Week HighCA$53.57
52 Week LowCA$18.53
Beta1.37
1 Month Change-5.30%
3 Month Change-5.00%
1 Year Change102.43%
3 Year Change478.06%
5 Year Change355.86%
Change since IPO890.94%

Recent News & Updates

Narrative Update Apr 30

K: Expanded Buybacks And Steady Production Will Support Stronger Future Cash Returns

Analysts have lifted their CA$ price target for Kinross Gold slightly as updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E filter through their models. This supports a modestly higher valuation range for the shares.

Recent updates

Narrative Update Apr 30

K: Expanded Buybacks And Steady Production Will Support Stronger Future Cash Returns

Analysts have lifted their CA$ price target for Kinross Gold slightly as updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E filter through their models. This supports a modestly higher valuation range for the shares.
Narrative Update Apr 16

K: Future Buybacks And Steady Output Will Likely Drive Stronger Cash Returns

Analysts have trimmed their fair value estimate for Kinross Gold to CA$53.46 from CA$54.39, reflecting updated assumptions around revenue growth, profit margins, the discount rate, and future P/E levels. What's in the News The Board of Directors authorized a new share buyback plan on March 19, 2026, signaling continued use of repurchases as a capital management tool (Key Developments).
Narrative Update Apr 01

K: Lower P/E And Margins Will Likely Limit Buyback Upside

Analysts have trimmed their price target for Kinross Gold to about CA$22.49 from roughly CA$24.28, citing updated assumptions for revenue growth, profit margins, and a slightly lower forward P/E multiple. What's in the News The board authorized a new share buyback plan on March 19, 2026, expanding Kinross Gold's use of repurchases as a capital return tool (Key Developments).
Narrative Update Mar 18

K: Future Cash Returns Will Likely Reward Ongoing Production Stability

Analysts have lifted their price target on Kinross Gold to CA$54.39 from CA$43.53, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News Approved a quarterly dividend of $0.04 per common share for the fourth quarter of 2025, payable on March 26, 2026, to shareholders of record on March 11, 2026.
Narrative Update Mar 04

K: Higher Future P/E Will Likely Overstate Benefits Of Ongoing Projects

Analysts have lifted their Kinross Gold price target from about CA$17.51 to roughly CA$24.28, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that collectively reshape their valuation outlook. What's in the News Approved a quarterly dividend of $0.04 per common share for the fourth quarter of 2025, payable on March 26, 2026, to shareholders of record on March 11, 2026, with the payout classified as an eligible dividend for Canadian tax purposes and subject to withholding for non residents (Key Developments).
Narrative Update Feb 18

K: Future P/E Compression Will Likely Offset Mine Expansion Optimism

Analysts have increased their fair value estimate for Kinross Gold from CA$17.06 to CA$17.51, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News Kinross is proceeding with construction of the Phase X, Curlew and Redbird 2 projects, which are described as having potential for mine life extensions beyond initial mine plan inventories included in completed studies (Key Developments).
Narrative Update Feb 04

K: Future Mine Expansions And Buybacks Will Support A Higher Share Price

The analyst price target for Kinross Gold has been revised higher from US$35.03 to US$59.97, with analysts tying this move to updated assumptions for revenue growth, profit margins, the discount rate, and future P/E multiples. What's in the News Completed share repurchase of 9,945,047 shares, representing 0.82% of the company, for US$258.5 million between October 1, 2025 and December 31, 2025 under the existing buyback program (Key Developments).
Analysis Article Jan 21

Market Participants Recognise Kinross Gold Corporation's (TSE:K) Earnings Pushing Shares 28% Higher

Despite an already strong run, Kinross Gold Corporation ( TSE:K ) shares have been powering on, with a gain of 28% in...
Narrative Update Jan 20

K: Future Mine Expansions And Buybacks Will Likely Not Justify Current Pricing

Analysts have raised their price target on Kinross Gold by roughly 14%, citing higher forecast revenue growth, a modest adjustment to the discount rate and a slightly higher future P/E assumption as the key drivers of the change. What's in the News Kinross approved construction of the Phase X, Curlew and Redbird 2 projects, with plans to process underground ore through the existing 10,000 tpd Round Mountain mill and refurbish the facility as part of a restart project (Key Developments).
Narrative Update Jan 06

K: Future P/E Compression Will Likely Reveal Weaker Underlying Profitability

Analysts have raised their price target on Kinross Gold to US$17.06, citing updated assumptions for stronger revenue growth, higher profit margins, and a lower expected future P/E multiple. What's in the News Kinross Gold issued new production guidance, expecting fourth quarter output to be slightly lower than 0.5 million gold equivalent ounces and to finish 2025 slightly above the midpoint of its annual guidance range of 2.0 million (+/- 5%) attributable gold equivalent ounces (Corporate guidance).
Narrative Update Dec 20

K: Future Earnings Multiple Expansion Will Likely Overstate Underlying Profitability

Analysts have raised their fair value estimate for Kinross Gold from approximately $12.50 to about $17.05 per share. They cite expectations for moderating revenue declines, slightly higher long run profit margins, and a marginally richer future earnings multiple, even after factoring in a higher discount rate.
Narrative Update Dec 06

K: Future Margins And Buybacks Are Expected To Balance Softer Production

Analysts have modestly raised their price target on Kinross Gold to approximately 38.33 dollars from about 37.79 dollars, citing slightly higher expected profitability and valuation multiples. These factors more than offset somewhat softer long term revenue growth assumptions and a marginally higher discount rate.
Narrative Update Nov 22

K: Upcoming Margins And Buybacks Will Offset Near-Term Production Declines

Analysts have raised their price target on Kinross Gold by approximately $1, now expecting fair value at about $37.79. They cite modest improvements in revenue growth projections and increased profit margins.
Narrative Update Nov 06

K: Future Outlook Will Balance Improved Margins With Modest Production Declines

Analysts have raised their price target on Kinross Gold, increasing the fair value estimate from $34.65 to $36.79. This change is a result of improved projected profit margins and a lower expected future price-to-earnings ratio, despite a slight dip in revenue growth forecasts.
Narrative Update Oct 23

Analysts Raise Kinross Gold Price Target Following Improved Margins and Updated Valuation Metrics

Analysts have raised their price target for Kinross Gold from $31.50 to $34.65, citing improved profit margin estimates and a slightly more optimistic view on the company’s long-term financial outlook. What's in the News Kinross Gold was added to the FTSE All-World Index (USD) (Key Developments) The company reaffirmed its 2025 production guidance, expecting to produce 2 million ounces at a cost of sales of $1,120 per ounce and an all-in sustaining cost of $1,500 per ounce.
Narrative Update Oct 09

Persistent Inflation And Uncertainty Will Sustain High Gold Prices

Analysts have raised their price target for Kinross Gold from $27.44 to $31.50, citing improved revenue growth expectations and higher forecasted profit margins as the primary drivers for the upward revision. What's in the News Kinross Gold has been added to the FTSE All-World Index (USD) (Key Developments).
Narrative Update Sep 25

Persistent Inflation And Uncertainty Will Sustain High Gold Prices

The upward revision in Kinross Gold’s analyst price target reflects increased optimism, driven by a higher future P/E ratio and slightly improved revenue growth forecasts, resulting in a new consensus price target of CA$27.44. What's in the News Kinross Gold added to the FTSE All-World Index.
Narrative Update Sep 04

Persistent Inflation And Uncertainty Will Sustain High Gold Prices

The upward revision in Kinross Gold’s consensus price target reflects sharply improved revenue growth forecasts and a higher expected P/E multiple, with fair value increasing from CA$25.23 to CA$25.87. What's in the News Kinross Gold reaffirmed 2025 guidance, expecting 2 million ounces production at a cost of sales of $1,120/oz and all-in sustaining cost of $1,500/oz, with steady output through the rest of the year.
Analysis Article Aug 13

Earnings Not Telling The Story For Kinross Gold Corporation (TSE:K) After Shares Rise 25%

Despite an already strong run, Kinross Gold Corporation ( TSE:K ) shares have been powering on, with a gain of 25% in...
Narrative Update Aug 06

Persistent Inflation And Uncertainty Will Sustain High Gold Prices

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.
User avatar
New Narrative Feb 08

New Executives And Project Developments Will Expand Future Production At Great Bear And Lobo-Marte

Strategic executive appointments and project developments aim to enhance production growth and positively impact revenue at Great Bear and Lobo-Marte.

Shareholder Returns

KCA Metals and MiningCA Market
7D1.1%6.2%2.3%
1Y102.4%90.9%34.5%

Return vs Industry: K exceeded the Canadian Metals and Mining industry which returned 90.9% over the past year.

Return vs Market: K exceeded the Canadian Market which returned 34.5% over the past year.

Price Volatility

Is K's price volatile compared to industry and market?
K volatility
K Average Weekly Movement7.7%
Metals and Mining Industry Average Movement12.0%
Market Average Movement10.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.0%

Stable Share Price: K has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: K's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aJ. Rollinsonwww.kinross.com

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.

Kinross Gold Corporation Fundamentals Summary

How do Kinross Gold's earnings and revenue compare to its market cap?
K fundamental statistics
Market capCA$50.15b
Earnings (TTM)CA$3.91b
Revenue (TTM)CA$10.87b
12.7x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
K income statement (TTM)
RevenueUS$7.96b
Cost of RevenueUS$2.49b
Gross ProfitUS$5.47b
Other ExpensesUS$2.61b
EarningsUS$2.87b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 29, 2026

Earnings per share (EPS)2.40
Gross Margin68.72%
Net Profit Margin35.99%
Debt/Equity Ratio8.0%

How did K perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
6%
Payout Ratio

Does K pay a reliable dividends?

See K dividend history and benchmarks
When do you need to buy K by to receive an upcoming dividend?
Kinross Gold dividend dates
Ex Dividend DateMay 21 2026
Dividend Pay DateJun 04 2026
Days until Ex dividend13 days
Days until Dividend pay date27 days

Does K pay a reliable dividends?

See K dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 06:54
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kinross Gold Corporation is covered by 37 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Richard GrayATB Cormark
Richard GrayATB Cormark Historical (Cormark Securities)