Kinross Gold Stock Performance
| KGC Stock | USD 6.84 0.10 1.48% |
On a scale of 0 to 100, Kinross Gold holds a performance score of 12. The company secures a Beta (Market Risk) of 1.53, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kinross Gold will likely underperform. Please check Kinross Gold's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Kinross Gold's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Kinross Gold are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain technical and fundamental indicators, Kinross Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.48 | Five Day Return 4.59 | Year To Date Return 15.54 | Ten Year Return 66.02 | All Time Return 25.74 |
Forward Dividend Yield 0.0178 | Payout Ratio 0.2727 | Last Split Factor 1:3 | Forward Dividend Rate 0.12 | Dividend Date 2024-03-21 |
| Kinross Gold dividend paid on 21st of March 2024 | 03/21/2024 |
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2 | Riley Gold Closes Oversubscribed Private Placement Including Lead Order from Kinross | 04/03/2024 |
3 | Kinross Gold Corporations large institutional owners must be happy as stock continues to impress, up 3.2 percent over the past week | 04/10/2024 |
4 | Whats Driving Kinross Gold Corps Surprising 14 percent Stock Rally | 04/12/2024 |
5 | Scorpio Gold Provides Q1 Corporate Update and 2024 Outlook | 04/16/2024 |
6 | StrikePoint Provides Corporate Update | 04/19/2024 |
7 | Will Kinross Gold Beat Estimates Again in Its Next Earnings Report | 04/22/2024 |
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9 | Canada Unearthed TSX targets ASX companies for dual-listings in conviction mining juniors can prosper in Canada | 04/25/2024 |
10 | The Top 3 Under-10 Stocks to Buy in April 2024 | 04/26/2024 |
| Begin Period Cash Flow | 428 M |
Kinross |
Kinross Gold Relative Risk vs. Return Landscape
If you would invest 548.00 in Kinross Gold on January 31, 2024 and sell it today you would earn a total of 136.00 from holding Kinross Gold or generate 24.82% return on investment over 90 days. Kinross Gold is generating 0.3853% of daily returns assuming volatility of 2.3511% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than Kinross, and above 93% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Kinross Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinross Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kinross Gold, and traders can use it to determine the average amount a Kinross Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1639
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Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Kinross Gold is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kinross Gold by adding it to a well-diversified portfolio.
Kinross Gold Fundamentals Growth
Kinross Stock prices reflect investors' perceptions of the future prospects and financial health of Kinross Gold, and Kinross Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kinross Stock performance.
| Return On Equity | 0.0688 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 10.27 B | ||||
| Shares Outstanding | 1.23 B | ||||
| Price To Earning | 16.48 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 1.86 X | ||||
| Revenue | 4.32 B | ||||
| Gross Profit | 1.54 B | ||||
| EBITDA | 1.82 B | ||||
| Net Income | 423.93 M | ||||
| Cash And Equivalents | 496.5 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 2.25 B | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 2.98 X | ||||
| Book Value Per Share | 4.96 X | ||||
| Cash Flow From Operations | 1.46 B | ||||
| Earnings Per Share | 0.34 X | ||||
| Market Capitalization | 8.29 B | ||||
| Total Asset | 10.49 B | ||||
| Retained Earnings | (8.94 B) | ||||
| Working Capital | 1.12 B | ||||
| Current Asset | 2.29 B | ||||
| Current Liabilities | 701.8 M | ||||
About Kinross Gold Performance
To evaluate Kinross Gold Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kinross Gold generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kinross Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kinross Gold market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Kinross's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 126.00 | 89.59 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Kinross Gold performance evaluation
Checking the ongoing alerts about Kinross Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kinross Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kinross Gold is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by institutional investors | |
| On 21st of March 2024 Kinross Gold paid $ 0.03 per share dividend to its current shareholders | |
| Latest headline from investorplace.com: The Top 3 Under-10 Stocks to Buy in April 2024 |
- Analyzing Kinross Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kinross Gold's stock is overvalued or undervalued compared to its peers.
- Examining Kinross Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kinross Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kinross Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kinross Gold's stock. These opinions can provide insight into Kinross Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.Note that the Kinross Gold information on this page should be used as a complementary analysis to other Kinross Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Kinross Stock analysis
When running Kinross Gold's price analysis, check to measure Kinross Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
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Is Kinross Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinross Gold. If investors know Kinross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinross Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.809 | Dividend Share 0.12 | Earnings Share 0.34 | Revenue Per Share 3.455 | Quarterly Revenue Growth 0.037 |
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.