Key Factors to Evaluate Before Investing in Kinross Gold (KGC)

By Chris Stiles • Friday, June 27 10:03 • Permanent Link

Kinross Gold sank -4.6% today, compared to the S&P 500's day change of 1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Kinross Gold has moved 90.5% over the last year, and the S&P 500 logged a change of 12.5%
KGC has an average analyst rating of buy and is -4.97% away from its mean target price of $15.92 per share
Its trailing earnings per share (EPS) is $0.98
Kinross Gold has a trailing 12 month Price to Earnings (P/E) ratio of 15.4 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $0.88 and its forward P/E ratio is 17.2
The company has a Price to Book (P/B) ratio of 2.58 in contrast to the S&P 500's average ratio of 4.74
Kinross Gold is part of the Basic Materials sector, which has an average P/E ratio of 20.25 and an average P/B of 2.31
KGC has reported YOY quarterly earnings growth of 243.6% and gross profit margins of 0.6%
The company has a free cash flow of $1.3 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.