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Kinross Gold Corp (KGC) stock analysis

KGCNYSEGold and Silver OresFiscal year ends December 31Also trades as KGCRF
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 26, 2026Score 14/30
$20.76+0.05 (+0.24%)

Close on Nov 13, 2026Market cap $24.91BP/E 10.6Yield –

StockData Score

Prices as of Nov 13, 2026How the score works

Value0Growth4Performance5Health5Dividend0

Mixed14 of 30 checks passed

Kinross Gold passes 14 of the 30 checks behind our score; 13 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
4/6
Past performance
5/6
Financial health
5/6
Dividend
0/6

What stands out

  • Return on capital over 10%

    Return on invested capital was 33.2%, above the 10% that usually covers the cost of capital.

  • Low debt

    Debt is 8.6% of shareholders' equity, under the 40% we consider low.

  • Earnings grew over 5 years

    Net income grew 12.2% a year on average over the last five fiscal years.

  • Revenue growing 10%+ a year

    Revenue grew 26.8% a year over the last three fiscal years.

What to watch

  • Return on equity under 15%

    Return on equity was 31.0% over the last twelve months and averaged 9.2% over five years; we look for 15% on both.

  • Growing slower than the industry

    Revenue grew 36.9% over the last twelve months; the Materials median is 46.4%.

  • No dividend

    Kinross Gold has not paid a dividend in the last twelve months.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B against the industry

    Needs positive book value.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth4/6

  • Revenue growing 10%+ a year

    Revenue grew 26.8% a year over the last three fiscal years.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings growth accelerating

    Net income grew 152% over the last twelve months, against a 5-year average of 12.2% a year.

  • Growing slower than the industry

    Revenue grew 36.9% over the last twelve months; the Materials median is 46.4%.

  • Guidance raised

    Kinross Gold raised its 2026 attributable all-in sustaining cost outlook on Feb 18, 2026.

  • Gross margin improving

    Gross margin was 52.7% over the last twelve months, against 36.5% a year earlier.

Past performance5/6

  • Return on equity under 15%

    Return on equity was 31.0% over the last twelve months and averaged 9.2% over five years; we look for 15% on both.

  • Return on capital over 10%

    Return on invested capital was 33.2%, above the 10% that usually covers the cost of capital.

  • Return on equity above the industry

    Kinross Gold's return on equity of 31.0% is above the Materials median of -8.5%.

  • Earnings grew over 5 years

    Net income grew 12.2% a year on average over the last five fiscal years.

  • Net margin above its 5-year average

    Net margin was 33.9% over the last twelve months, against a 5-year average of 10.6%.

  • Net margin above the industry

    Kinross Gold's net margin of 33.9% is above the Materials median of 16.2%.

Financial health5/6

  • Low debt

    Debt is 8.6% of shareholders' equity, under the 40% we consider low.

  • Debt falling against equity

    Debt to equity fell from 29.2% five years ago to 8.6%.

  • Debt covered by cash flow

    Operating cash flow over the last twelve months equals 509% of total debt.

  • Interest well covered

    Operating income covers interest expense 25.0 times.

  • Short-term assets cover short-term debts

    Current assets are 2.35 times current liabilities.

  • Bankruptcy risk (Altman Z)

    Needs market value, working capital and retained earnings.

Dividend0/6

  • No dividend

    Kinross Gold has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for Kinross Gold. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$185.62M
Value traded per 1% price move
$87.15M

Downside

Medium risk

Typical loss in a bad month
23.4%
Volatility (annualized)
55%
Sharpe ratio, 1 year
-0.46
Beta to the S&P 500 (5Y)
0.86

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2015 to 2025

Gross margin

52.7%−1.8 pts over 5 years

Operating margin

46.5%+1.4 pts over 5 years

Net margin

33.9%+2.0 pts over 5 years

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