Kinross Gold Corporation (K:TSX) Analysts rate as a Strong Buy, $9.55 target

STA Research
by: STA Research
Kinross Gold Corporation stock

Based on the Kinross Gold Corporation stock forecasts from 15 analysts, the average analyst target price for Kinross Gold Corporation is CAD 9.55 over the next 12 months. Kinross Gold Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Kinross Gold Corporation is Slightly Bearish, which is based on 4 positive signals and 6 negative signals. At the last closing, Kinross Gold Corporation’s stock price was CAD 5.37. Kinross Gold Corporation’s stock price has changed by -0.12% over the past week, -0.13% over the past month and -34.75% over the last year.

Recent Analyst Ratings:

Kinross Gold Corporation and its subsidiaries are primarily involved in the purchase, exploration, and development of gold properties in the United States, Russia, Brazil, Chile, Ghana, and Mauritania. It also works in the extraction and processing of gold-bearing ores, as well as the reclamation and sale of gold mining assets and the production and sale of silver. Kinross Gold Corporation is based in Toronto, Canada, and was founded in 1993.

 

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartiles. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

 

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

 

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