Kinross' third quarter benefited from a higher gold price than a year ago, which more than offset reduced sales volumes and higher unit costs. Adjusted NPAT of USD 591 million—USD 0.50 per share—is up 12%. It declared a USD 4 cents per share quarterly base dividend in line with its policy, up 14%.
Tasiast and Paracatu, Kinross' two largest operations by production, sit in the lower half of the industry cost curve.
Kinross sits broadly in the middle of the gold cost curve, making it more leveraged to movements in gold prices compared with its lower-cost competitors.
|
Metric
|
K
|
AEM
|
NEM
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.86 | 13.94 | 10.90 |
Price/Book Value | 2.34 | 2.84 | 3.14 |
Price/Sales | 2.88 | 5.53 | 4.31 |
Price/Cash Flow | 5.20 | 10.27 | 8.25 |
|
Metric
|
K
|
AEM
|
NEM
|
|---|---|---|---|
Quick Ratio | 1.83 | 1.75 | 1.86 |
Current Ratio | 2.87 | 2.75 | 2.45 |
Interest Coverage | 100.36 | 1,452.99 | 100.46 |
|
Metric
|
K
|
AEM
|
NEM
|
|---|---|---|---|
Return on Assets (Normalized) | 15.40% | 16.52% | 18.34% |
Return on Equity (Normalized) | 22.11% | 22.44% | 30.25% |
Return on Invested Capital (Normalized) | 19.74% | 21.80% | 25.66% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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KGC
| LOCK|!NZ^%CP | LOCK|>! | $24B |
United States