1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Commodity prices have generally stabilized after falling on concerns that China’s reopening would underwhelm, along with worries over a recession in the West. Even so, they remain elevated versus history and cost-curve support. The Russian invasion of Ukraine and subsequent sanctions on Russia support energy prices and reinforce the importance of energy security.
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. 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.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of K’s competitive advantage.
Kinross Gold Corp
XTSE: K
| Newmont Corp
XNYS: NEM
| Agnico Eagle Mines Ltd
XTSE: AEM
| Barrick Gold Corp
XTSE: ABX
| |
Price
| 6.18 | 37.03 | 61.57 | 19.71 |
Currency
| CAD | USD | CAD | CAD |
Change
| −$0.04 (0.56%) | $0.00 (0.00%) | +$0.05 (0.08%) | +$0.05 (0.23%) |
Market Cap
| 7.58 Bil | 29.38 Bil | 30.48 Bil | 34.60 Bil |
Industry
| Gold | Gold | Gold | Gold |
Sector
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. K has a forward dividend yield of 3.62%.
See
K’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
K’s market cap is 7.58 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
K’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
K’s price/sales is 1.48.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
K’s price/forward earnings is 28.95.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
K’s price/book is 0.96.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See K’s valuation ratios compared to the Market Index.
K’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare K’s historical performance against its industry peers and the overall market.
