(K) Kinross Gold - Ratings and Ratios

Kinross Gold Corporation is a leading global gold mining company primarily engaged in the acquisition, exploration, and development of gold properties across key regions. Its operations span the United States, Brazil, Chile, Canada, and Mauritania, with a focus on both open-pit and underground mining. The company also specializes in the extraction and processing of gold-bearing ores, reclamation of mining properties, and the production and sale of silver as a byproduct. Established in 1993 and headquartered in Toronto, Canada, Kinross has built a robust portfolio of mines and projects, including the Fort Knox mine in Alaska, the Round Mountain mine in Nevada, and the Tasiast mine in Mauritania.

Kinross Gold Corporation is listed on the Toronto Stock Exchange under the ticker symbol K, classified under the Gold sub-industry. The company has a market capitalization of approximately 20.61 billion CAD, reflecting its significant presence in the global gold sector. Its price-to-earnings ratio stands at 15.23, with a forward P/E of 14.35, indicating moderate valuation relative to its earnings. The price-to-book ratio of 2.11 suggests that the stock is trading at a premium to its book value, while the price-to-sales ratio of 4.00 highlights its revenue generation capabilities. The return on equity is 13.83%, demonstrating efficient profitability. For more information, visit their official website at https://www.kinross.com.

Based on the provided data, the 3-month forecast for Kinross Gold Corporation (TO:K) suggests a bullish outlook. The stock is trading above its 20-day, 50-day, and 200-day simple moving averages (SMA), with the last price of 20.67 exceeding the SMA 20 (18.57) and SMA 50 (17.23). The SMA 200 of 14.35 indicates long-term upward momentum. The average true range (ATR) of 0.78 reflects moderate volatility, which may support further price appreciation. Fundamentally, the companys strong market cap, reasonable P/E ratios, and solid return on equity position it well for continued growth in the gold sector. Expect resistance near 21-22 CAD, with support likely at 18-19 CAD, driven by technical and fundamental factors.