KGC Stock Analysis: Kinross Gold | NYSE
Gold | NYSE, USA | Market Cap: 28.565m USD | 12M Return: -7.8% | CA4969024047 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 197M
EPS Trend: 97.9%
Qual. Beats: 0
Rev. Trend: 98.5%
Qual. Beats: -2
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kinross Gold Corporation (NYSE: KGC) is a Canadian-headquartered gold mining company that acquires, explores, develops, and operates gold properties across the United States, Brazil, Chile, Canada, and Mauritania. Its core operations involve the extraction and processing of gold-containing ores, along with reclamation of mining properties. The company also produces and sells silver as a byproduct. Founded in 1993 and based in Toronto, Kinross has been listed on the NYSE since October 1994 and is classified within the Materials sector under the Gold sub-industry.
As a senior gold producer, Kinross operates under a typical mining business model in which revenue is driven primarily by the volume of gold produced and prevailing gold prices, while costs are largely tied to energy, labor, and ore grades. Geographic diversification across multiple jurisdictions is a common strategy among major gold miners, helping to mitigate country-specific risks such as regulatory changes or operational disruptions.
- Gold prices surge as Fed pivots to rate cuts
- Tasiast mine expansion lifts gold production and lowers AISC
- Strong free cash flow accelerates debt reduction and share buybacks
| Net Income: 3.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 5.33 > 1.0 |
| NWC/Revenue: 33.03% < 20% (prev 27.75%; Δ 5.28% < -1%) |
| CFO/TA 0.33 > 3% & CFO 4.46b > Net Income 3.15b |
| Net Debt (-1.92b) to EBITDA (5.58b): -0.34 < 3 |
| Current Ratio: 2.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.19b) vs 12m ago -2.93% < -2% |
| Gross Margin: 53.62% > 18% (prev 45.32%; Δ 8.31% > 0.5%) |
| Asset Turnover: 66.95% > 50% (prev 52.87%; Δ 14.08% > 0%) |
| Interest Coverage Ratio: 81.61 > 6 (EBIT TTM 4.44b / Interest Expense TTM 54.4m) |
| A: 0.20 (Total Current Assets 4.24b - Total Current Liabilities 1.46b) / Total Assets 13.6b |
| B: -0.32 (Retained Earnings -4.35b / Total Assets 13.6b) |
| C: 0.35 (EBIT TTM 4.44b / Avg Total Assets 12.5b) |
| D: 2.53 (Book Value of Equity 9.64b / Total Liabilities 3.82b) |
| Altman-Z'' = 5.33 = AAA |
| DSRI: 3.0 (Receivables 129.9m/28.6m, Revenue 8.39b/6.07b) |
| GMI: 0.85 (GM 45.32% / 53.62%) |
| AQI: 0.85 (AQ_t 0.06 / AQ_t-1 0.07) |
| SGI: 1.38 (Revenue 8.39b / 6.07b) |
| TATA: -0.10 (NI 3.15b - CFO 4.46b) / TA 13.6b) |
| Beneish M = -1.35 (Cap -4..+1) = D |
As of October 08, 2026, the stock is trading at USD 23.18 with a total of 6,413,529 shares traded. Over the past week, the price has changed by -3.74%, over one month by -23.12%, over three months by -2.80% and over the past year by -7.75%.
Current recommended Stop Loss: 21.70 (which is 6.4% or 1.4 ATR below the current price).
Kinross Gold has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy KGC.
- StrongBuy: 10
- Buy: 6
- Hold: 1
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 34.1 | 46.9% |
P/E Trailing = 9.1559
P/E Forward = 10.582
P/S = 3.3721
P/B = 3.5268
P/EG = 1.1159
Revenue TTM = 8.39b USD
EBIT TTM = 4.44b USD
EBITDA TTM = 5.58b USD
Long Term Debt = 738.8m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 753.8m USD (corrected: LT Debt 738.8m + ST Debt none) + Leases 15.0m
Net Debt = -1.92b USD (calculated: Debt 753.8m - CCE 2.67b)
Enterprise Value = 26.6b USD (28.6b + Debt 753.8m - CCE 2.67b)
Interest Coverage Ratio = 81.61 (Ebit TTM 4.44b / Interest Expense TTM 54.4m)
EV/FCF = 8.65x (Enterprise Value 26.6b / FCF TTM 3.08b)
FCF Yield = 11.56% (FCF TTM 3.08b / Enterprise Value 26.6b)
FCF Margin = 36.72% (FCF TTM 3.08b / Revenue TTM 8.39b)
Net Margin = 37.57% (Net Income TTM 3.15b / Revenue TTM 8.39b)
Gross Margin = 53.62% ((Revenue TTM 8.39b - Cost of Revenue TTM 3.89b) / Revenue TTM)
Gross Margin QoQ = 55.27% (prev 57.79%)
Tobins Q-Ratio = 1.96 (Enterprise Value 26.6b / Total Assets 13.6b)
Interest Expense / Debt = 7.22% (Interest Expense 54.4m / Debt 753.8m)
Taxrate = 27.21% (1.20b / 4.40b)
NOPAT = 3.23b (EBIT 4.44b * (1 - 27.21%))
Current Ratio = 2.89 (Total Current Assets 4.24b / Total Current Liabilities 1.46b)
Debt / Equity = 0.08 (Debt 753.8m / totalStockholderEquity, last quarter 9.64b)
Debt / EBITDA = -0.34 (Net Debt -1.92b / EBITDA 5.58b)
Debt / FCF = -0.62 (Net Debt -1.92b / FCF TTM 3.08b)
Total Stockholder Equity = 8.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 25.15% (Net Income 3.15b / Total Assets 13.6b)
RoE = 35.75% (Net Income TTM 3.15b / Total Stockholder Equity 8.82b)
RoCE = 46.45% (EBIT 4.44b / Capital Employed (Equity 8.82b + L.T.Debt 738.8m))
RoIC = 27.63% (NOPAT 3.23b / Invested Capital 11.7b)
WACC = 8.23% (E(28.6b)/V(29.3b) * Re(8.31%) + D(753.8m)/V(29.3b) * Rd(7.22%) * (1-Tc(0.27)))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -92.37 | Cagr: -1.63%
[DCF] Terminal Value 77.97% ; FCFF base≈2.65b ; Y1≈3.03b ; Y5≈4.47b
[DCF] Fair Price = 58.26 (EV 67.2b - Net Debt -1.92b = Equity 69.1b / Shares 1.19b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.90 | EPS CAGR: 106.2% | SUE: 0.81 | # QB: 0
Revenue Correlation: 98.47 | Revenue CAGR: 30.61% | SUE: -1.41 | # QB: -2
EPS current Quarter (2026-09-30): EPS=0.55 | Chg30d=-7.77% | Revisions=-25% | Analysts=12
EPS current Year (2026-12-31): EPS=2.57 | Chg30d=-4.05% | Revisions=-17% | GrowthEPS=+39.4% | GrowthRev=+25.5%
EPS next Year (2027-12-31): EPS=2.76 | Chg30d=-9.70% | Revisions=-44% | GrowthEPS=+7.8% | GrowthRev=+2.8%
[Analyst] Revisions Ratio: -46% (up=2, down=8)