Kinross Gold Corp KIN2
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- CAD 7.21
- Day Range
- CAD 7.48–7.48
- 52-Week Range
- —–—
- Bid/Ask
- CAD 0.00 / CAD 0.00
- Market Cap
- CAD 9.19 Bil
- Volume/Avg
- 0 / 10,522
Key Statistics
- Price/Earnings (Normalized)
- 16.47
- Price/Sales
- 2.20
- Dividend Yield (Trailing)
- 1.54%
- Dividend Yield (Forward)
- 1.55%
- Total Yield
- 1.54%
Company Profile
Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Mid Core
- Total Number of Employees
- 6,600
- Website
- https://www.kinross.com
Competitors
Valuation
|
Metric
|
KIN2
|
GOLD
|
AEM
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.47 | 20.15 | 28.64 |
Price/Book Value | 1.55 | 1.34 | 1.80 |
Price/Sales | 2.20 | 2.73 | 5.02 |
Price/Cash Flow | 6.17 | 7.48 | 11.95 |
Price/Earnings
KIN2
GOLD
AEM
Financial Strength
|
Metric
|
KIN2
|
GOLD
|
AEM
|
|---|---|---|---|
Quick Ratio | 0.33 | 2.09 | 0.51 |
Current Ratio | 1.15 | 3.32 | 2.09 |
Interest Coverage | 12.62 | 9.98 | 26.73 |
Quick Ratio
KIN2
GOLD
AEM
Profitability
|
Metric
|
KIN2
|
GOLD
|
AEM
|
|---|---|---|---|
Return on Assets (Normalized) | 5.47% | 3.40% | 3.79% |
Return on Equity (Normalized) | 9.56% | 6.73% | 5.65% |
Return on Invested Capital (Normalized) | 6.92% | 4.86% | 5.30% |
Return on Assets
KIN2
GOLD
AEM
Gold Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ZIJMY
| Zijin Mining Group Co Ltd ADR | — | Pfjmz | $70.9 Bil | |
ZIJMF
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NEMCL
| Newmont Corp Chess Depository Interest | — | Mkb | $51.2 Bil | |
NEM
| Newmont Corp | Fvwhzbng | Vrvt | $50.4 Bil | |
AEM
| Agnico Eagle Mines Ltd | Yqlkhhm | Bsx | $34.9 Bil | |
GOLD
| Barrick Gold Corp | Zfzvyjqf | Jsf | $30.8 Bil | |
WPM
| Wheaton Precious Metals Corp | Fhnmlwxj | Gsvz | $25.8 Bil | |
FNV
| Franco-Nevada Corp | — | Ymmdy | $24.4 Bil | |
GFIOF
| Gold Fields Ltd | — | Zzyskct | $14.4 Bil | |
KGC
| Kinross Gold Corp | Hwrg | Htyq | $9.6 Bil |