Kinross Gold (K) AI Stock Analysis

• Market Cap: C$31.86B
• Dividend Yield: 0.64%
• Average Volume (3M): 3.49M
• Price to Earnings (P/E): 15.1
• Beta (1Y): 1.50
• Revenue Growth: 38.34%
• EPS Growth: 218.80%
• Country: CA
• Employees: 8,447
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Gold
• EPS (TTM): 0.61
• Shares Outstanding: 1,218,782,100
• 10 Day Avg. Volume: 4,355,521
• 30 Day Avg. Volume: 3,493,801
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$27.27
• Price Target Upside: 4.34% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 13

• Rating: 77 Outperform
• Price Target: C$28.00 ▲(7.12% Upside)

Kinross Gold's strong financial performance and positive earnings call are the most significant factors driving the score. The company's robust cash flow and strategic shareholder returns enhance its attractiveness. However, technical indicators suggest caution due to overbought conditions, and valuation metrics indicate potential undervaluation.

Positive Factors

Financial Performance

Kinross portfolio is seen as a low risk, steady collection of assets with a low-cost core that make a strong cash flow engine.

Return on Investment

Kinross is trading at a discount with a relatively good return on invested capital versus peers, and a free cash flow yield above peers.

Negative Factors

Earnings

Q4’24 earnings missed expectations due to higher costs and lower production.

Kinross Gold Business Overview & Revenue Model

Company Description

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, 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. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.

How the Company Makes Money

Kinross Gold generates revenue primarily through the sale of gold and silver, which are its core products. The company mines these precious metals from its various operations and then sells them in the global market. Revenue is driven by the volume of metals produced, the prevailing market price of gold and silver, and operational efficiency. Additionally, Kinross may engage in hedging strategies to manage price volatility and secure future cash flows. The company also benefits from partnerships in mining operations and joint ventures, which can enhance production capabilities and reduce operational risks. Factors such as geopolitical stability in mining regions, operational costs, and market demand for gold and silver significantly influence Kinross’s earnings.

Kinross Gold Financial Statement Overview

Summary

Kinross Gold demonstrates strong financial health with growing revenues and efficient cash flow management. While profitability metrics are improving, historical fluctuations in net income and moderate ROE indicate areas for vigilance. The company's solid balance sheet and cash flow positions it well for future growth, albeit with some profitability stability concerns.

Income Statement

Kinross Gold shows strong revenue growth with a 8.06% increase in TTM over the previous year. Gross profit and net profit margins have also improved, demonstrating enhanced operational efficiency. The EBIT and EBITDA margins are robust, indicating effective cost management. However, the net income fluctuated significantly in past years, posing risks to consistent profitability.

Balance Sheet

The balance sheet is solid with a favorable debt-to-equity ratio of 0.17 in TTM, reflecting manageable leverage. The equity ratio of 65.75% underscores a strong equity base. However, the return on equity is moderate, suggesting room for improvement in generating returns from equity.

Cash Flow

Kinross Gold's cash flow statement is impressive, with a substantial 24.89% growth in free cash flow in TTM, indicating efficient cash management. The operating cash flow to net income ratio is healthy, ensuring liquidity to support operations. The free cash flow to net income ratio further highlights the company's ability to convert profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.56B	5.15B	4.24B	3.46B	3.73B	4.21B
Gross Profit	2.46B	1.88B	1.16B	515.40M	1.02B	2.30B
EBITDA	3.08B	2.60B	1.76B	945.40M	854.61M	2.73B
Net Income	1.21B	948.80M	416.30M	-605.20M	221.20M	1.34B
Balance Sheet
Total Assets	10.95B	10.87B	10.54B	10.40B	10.43B	10.93B
Cash, Cash Equivalents and Short-Term Investments	694.60M	628.20M	366.90M	426.00M	548.10M	1.21B
Total Debt	1.24B	1.45B	2.26B	2.64B	1.68B	2.00B
Total Liabilities	3.62B	3.87B	4.36B	4.51B	3.78B	4.27B
Stockholders Equity	7.20B	6.86B	6.08B	5.82B	6.58B	6.60B
Cash Flow
Free Cash Flow	1.60B	1.28B	507.00M	242.20M	313.50M	993.60M
Operating Cash Flow	2.67B	2.45B	1.61B	1.05B	1.14B	1.96B
Investing Cash Flow	-1.08B	-1.18B	-1.01B	-1.60B	-1.19B	-1.25B
Financing Cash Flow	-1.25B	-1.01B	-549.00M	437.50M	-623.20M	-67.70M

Kinross Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:K, the sentiment is Positive. The current price of 26.14 is above the 20-day moving average (MA) of 23.48, above the 50-day MA of 22.08, and above the 200-day MA of 17.85, indicating a bullish trend. The MACD of 1.37 indicates Negative momentum. The RSI at 71.34 is Negative, neither overbought nor oversold. The STOCH value of 91.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:K.

Kinross Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUG	78 Outperform	$19.23B	22.32	52.25%	2.72%	63.08%	177.42%
ABX	78 Outperform	$55.69B	14.58	11.41%	2.18%	20.13%	90.22%
K	77 Outperform	C$31.86B	15.05	22.05%	0.64%	38.34%	218.80%
AGI	73 Outperform	$15.04B	31.27	10.18%	0.39%	38.30%	68.57%
EDV	73 Outperform	C$10.99B	33.64	8.03%	3.04%	78.26%	―
BTO	72 Outperform	$6.86B	―	-12.34%	3.14%	15.08%	-204.35%
Sector *	44 Neutral	C$925.18M	-8.84	-0.23%	2.69%	24.65%	-41.54%

Kinross Gold Corporate Events

Kinross Gold Declares Quarterly Dividend for Q2 2025

Kinross Gold Corporation has declared a quarterly dividend of US$0.03 per common share for the second quarter of 2025, payable on September 4, 2025. This announcement reflects the company’s commitment to providing shareholder value and may impact investor sentiment positively, especially considering the dividend’s qualification as an ‘eligible dividend’ for Canadian tax purposes.

The most recent analyst rating on (TSE:K) stock is a Buy with a C$14.50 price target. To see the full list of analyst forecasts on Kinross Gold stock, see the TSE:K Stock Forecast page.

Kinross Gold Achieves Record Free Cash Flow in Q2 2025

Kinross Gold reported strong second-quarter results for 2025, with record free cash flow of over $600 million and robust margins driving significant returns to shareholders. The company is on track to return $650 million in capital to shareholders this year, with $225 million already repurchased in shares and $300 million returned in total. Development projects are advancing as planned, with significant progress in exploration and infrastructure development across various sites, positioning Kinross well for future growth.

The most recent analyst rating on (TSE:K) stock is a Buy with a C$14.50 price target. To see the full list of analyst forecasts on Kinross Gold stock, see the TSE:K Stock Forecast page.