Kinross Gold Stock Buy Hold or Sell Recommendation
| KGC Stock | USD 10.22 0.14 1.39% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Kinross Gold is 'Cautious Hold'. Macroaxis provides Kinross Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KGC positions.
Check out Kinross Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide. In addition, we conduct extensive research on individual companies such as Kinross and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Kinross Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Kinross |
Execute Kinross Gold Buy or Sell Advice
The Kinross recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Kinross Gold. Macroaxis does not own or have any residual interests in Kinross Gold or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Kinross Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Kinross Gold Trading Alerts and Improvement Suggestions
| Kinross Gold is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from aol.com: Police warn against road travel during Storm Bert |
Kinross Gold Returns Distribution Density
The distribution of Kinross Gold's historical returns is an attempt to chart the uncertainty of Kinross Gold's future price movements. The chart of the probability distribution of Kinross Gold daily returns describes the distribution of returns around its average expected value. We use Kinross Gold price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Kinross Gold returns is essential to provide solid investment advice for Kinross Gold.
| Mean Return | 0.16 | Value At Risk | -3.82 | Potential Upside | 5.41 | Standard Deviation | 2.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Kinross Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Kinross Stock Institutional Investors
| Shares | Ruffer Llp | 2024-09-30 | 10.8 M | Bank Of Nova Scotia | 2024-06-30 | 10 M | Fidelity International Ltd | 2024-06-30 | 9.9 M | Waratah Capital Advisors Ltd | 2024-06-30 | 9.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 9.3 M | Legal & General Group Plc | 2024-06-30 | 9.2 M | Citadel Advisors Llc | 2024-06-30 | 8.9 M | Artemis Investment Management Llp | 2024-09-30 | 8.6 M | Amvescap Plc. | 2024-06-30 | 8 M | Van Eck Associates Corporation | 2024-06-30 | 121.2 M | Vanguard Group Inc | 2024-09-30 | 46.6 M |
Kinross Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (5.7M) | 53.8M | (6.8M) | (261.6M) | (93.1M) | (88.4M) | |
| Change In Cash | 226.1M | 635.8M | (679.4M) | (113.4M) | (65.7M) | (62.4M) | |
| Free Cash Flow | 119.7M | 993.6M | 145.5M | 242.2M | 345.9M | 363.2M | |
| Depreciation | 189.3M | 96.8M | 754.9M | 784M | 1.0B | 1.1B | |
| Other Non Cash Items | 107.9M | 119.2M | 85.8M | 395.7M | (229.5M) | (218.0M) | |
| Capital Expenditures | 1.1B | 964M | 989.7M | 807.9M | 1.1B | 602.5M | |
| Net Income | 717.1M | 1.4B | 218.7M | 30.6M | 423.9M | 445.1M | |
| End Period Cash Flow | 575.1M | 1.2B | 531.5M | 418.1M | 352.4M | 575.4M | |
| Investments | (1.0B) | (5.9M) | (66.3M) | (1.6B) | (1.2B) | (1.1B) | |
| Change To Netincome | (151.8M) | 127.1M | (69.8M) | 959.1M | 863.2M | 906.3M |
Kinross Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Kinross Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Kinross Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Kinross stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | 0.02 |
Kinross Gold Volatility Alert
Kinross Gold currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Kinross Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Kinross Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Kinross Gold Fundamentals Vs Peers
Comparing Kinross Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Kinross Gold's direct or indirect competition across all of the common fundamentals between Kinross Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Kinross Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Kinross Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Kinross Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Kinross Gold to competition |
| Fundamentals | Kinross Gold | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0654 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 13.52 B | 16.62 B |
| Shares Outstanding | 1.23 B | 571.82 M |
| Shares Owned By Insiders | 0.24 % | 10.09 % |
| Shares Owned By Institutions | 68.70 % | 39.21 % |
| Number Of Shares Shorted | 12.8 M | 4.71 M |
| Price To Earning | 16.48 X | 28.72 X |
| Price To Book | 1.84 X | 9.51 X |
| Price To Sales | 2.56 X | 11.42 X |
| Revenue | 4.32 B | 9.43 B |
| Gross Profit | 1.54 B | 27.38 B |
| EBITDA | 1.76 B | 3.9 B |
| Net Income | 423.93 M | 570.98 M |
| Cash And Equivalents | 496.5 M | 2.7 B |
| Cash Per Share | 0.40 X | 5.01 X |
| Total Debt | 2.26 B | 5.32 B |
| Debt To Equity | 0.41 % | 48.70 % |
| Current Ratio | 2.98 X | 2.16 X |
| Book Value Per Share | 5.41 X | 1.93 K |
| Cash Flow From Operations | 1.46 B | 971.22 M |
| Short Ratio | 0.67 X | 4.00 X |
| Earnings Per Share | 0.60 X | 3.12 X |
| Price To Earnings To Growth | (3.90) X | 4.89 X |
| Target Price | 10.44 | |
| Beta | 1.25 | -0.15 |
| Market Capitalization | 12.43 B | 19.03 B |
| Total Asset | 10.49 B | 29.47 B |
| Retained Earnings | (8.98 B) | 9.33 B |
| Working Capital | 1.12 B | 1.48 B |
| Current Asset | 2.29 B | 9.34 B |
Kinross Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Kinross . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Kinross Gold Buy or Sell Advice
When is the right time to buy or sell Kinross Gold? Buying financial instruments such as Kinross Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Kinross Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Metals & Mining space 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 2.235 | Dividend Share 0.12 | Earnings Share 0.6 | Revenue Per Share 3.947 | Quarterly Revenue Growth 0.299 |
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.