Kinross Gold (K) AI Stock Analysis

• Market Cap: C$48.34B
• Dividend Yield: 0.43%
• Average Volume (3M): 4.10M
• Price to Earnings (P/E): 20.0
• Beta (1Y): 1.76
• Revenue Growth: 36.41%
• EPS Growth: 144.79%
• Country: CA
• Employees: 8,447
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.62
• Shares Outstanding: 1,207,100,000
• 10 Day Avg. Volume: 4,251,833
• 30 Day Avg. Volume: 4,104,080
• PEG Ratio: 0.10
• Price to Book (P/B): 1.66
• Price to Sales (P/S): 2.21
• P/FCF Ratio: 8.92
• 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$42.53
• Price Target Upside: 6.20% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 81 Outperform
• Price Target: C$44.00 ▲(9.86% 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, strategic shareholder returns, and solid technical indicators further support a favorable outlook. While valuation is reasonable, historical income fluctuations and moderate ROE suggest areas for improvement.

Positive Factors

Strong Cash Flow

Kinross Gold's robust cash flow generation enhances its financial flexibility, allowing for strategic investments and shareholder returns, supporting long-term growth.

Operational Efficiency

Effective cost management and high operating margins demonstrate Kinross Gold's operational efficiency, crucial for sustaining profitability in the competitive mining industry.

Increased Shareholder Returns

Enhanced shareholder returns through dividends and buybacks reflect strong financial health and management's commitment to returning value to investors, fostering long-term investor confidence.

Negative Factors

Increased Costs

Rising costs can pressure margins and profitability, potentially impacting Kinross Gold's ability to maintain its competitive edge and financial performance over time.

Permitting Delays

Delays in obtaining necessary permits can hinder project timelines and operational efficiency, posing risks to Kinross Gold's production targets and long-term growth plans.

Net Income Fluctuations

Inconsistent net income and moderate return on equity suggest potential challenges in maintaining steady profitability, which could affect Kinross Gold's financial stability and investor appeal.

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 byproducts such as silver. The company operates several mines that produce gold in various forms, including doré bars and refined bullion. The primary revenue stream comes from gold sales, which fluctuate based on market prices. Additionally, Kinross benefits from hedging strategies that can protect against price volatility. The company also engages in exploration and development of new projects, potentially expanding its resource base and future revenue streams. Partnerships with other mining companies and joint ventures can also enhance its operational capabilities and financial performance. Furthermore, Kinross's focus on cost management and operational efficiency helps to improve profit margins, contributing to overall 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	6.07B	5.15B	4.24B	3.46B	3.73B	4.21B
Gross Profit	3.04B	1.88B	1.16B	515.40M	1.02B	2.30B
EBITDA	3.47B	2.60B	1.76B	945.40M	854.61M	2.73B
Net Income	1.53B	948.80M	416.30M	-605.20M	221.20M	1.34B
Balance Sheet
Total Assets	11.49B	10.86B	10.49B	10.39B	10.41B	10.93B
Cash, Cash Equivalents and Short-Term Investments	1.15B	621.33M	360.35M	428.01M	542.17M	1.22B
Total Debt	1.24B	1.45B	2.25B	2.64B	1.68B	2.00B
Total Liabilities	3.78B	3.86B	4.34B	4.51B	3.77B	4.27B
Stockholders Equity	7.57B	6.86B	6.05B	5.82B	6.57B	6.60B
Cash Flow
Free Cash Flow	1.29B	1.28B	507.00M	242.20M	313.50M	993.60M
Operating Cash Flow	2.07B	2.45B	1.61B	1.05B	1.14B	1.96B
Investing Cash Flow	-828.90M	-1.18B	-1.01B	-1.60B	-1.19B	-1.25B
Financing Cash Flow	-1.02B	-1.01B	-549.00M	437.50M	-623.20M	-67.70M

Kinross Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 40.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 40.05 is above the 20-day moving average (MA) of 38.68, above the 50-day MA of 36.18, and above the 200-day MA of 26.69, indicating a bullish trend. The MACD of 1.05 indicates Negative momentum. The RSI at 62.18 is Neutral, neither overbought nor oversold. The STOCH value of 80.42 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
K	81 Outperform	C$48.34B	19.97	24.09%	0.43%	36.41%	144.79%
LUG	78 Outperform	$28.67B	29.82	55.69%	2.47%	57.32%	126.96%
AGI	77 Outperform	$23.15B	31.04	14.27%	0.25%	34.64%	115.75%
EDV	76 Outperform	C$17.47B	25.53	16.65%	2.31%	73.23%	―
IMG	73 Outperform	C$14.02B	27.79	10.09%	―	56.17%	-51.73%
EQX	73 Outperform	C$15.66B	292.24	1.41%	―	90.17%	-91.76%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Kinross Gold Corporate Events

Kinross Gold Achieves Record Free Cash Flow and Boosts Shareholder Returns in Q3 2025

Kinross Gold Corporation reported strong third-quarter results for 2025, achieving record free cash flow of approximately $700 million and a net cash position. The company increased its share buyback target by 20% to $600 million and raised its dividend by 17%. Kinross remains on track to meet its annual guidance, with significant contributions from its Paracatu, Tasiast, and La Coipa mines. The company is also advancing its development and exploration projects, including Great Bear and Round Mountain Phase X, which are showing promising progress. These results highlight Kinross’s robust operational performance and strategic focus on shareholder returns.

Kinross Gold Boosts Annual Dividend by 17% and Declares Q3 Payout

Kinross Gold Corporation has announced a 17% increase in its annual cash dividend, raising it to $0.14 per share. Additionally, the company declared a quarterly dividend of $0.035 per share for the third quarter of 2025, payable on December 10, 2025. This move reflects Kinross’s commitment to delivering shareholder value and may enhance its attractiveness to investors, especially given its focus on operational excellence and disciplined growth.

Kinross Gold to Redeem $500 Million in Senior Notes by December 2025

Kinross Gold Corporation announced its plan to redeem $500 million in 4.50% Senior Notes due July 15, 2027, on December 4, 2025. This move will reduce the company’s outstanding Senior Notes to $750 million, with the next maturity date set for July 15, 2033. The redemption reflects Kinross’s strategy to manage its debt effectively, potentially strengthening its financial position and demonstrating its commitment to disciplined growth and balance sheet strength.

Kinross Gold to Release Q3 2025 Results

Kinross Gold Corporation announced it will release its third-quarter 2025 financial statements and operating results on November 4, 2025. The company will hold a conference call and webcast on November 5 to discuss these results, which could provide insights into its operational performance and strategic direction.