K : Kinross Gold Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Kinross Gold Corporation trades with the ticker K on the TSX and is in the Gold industry.

Overview
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. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada. 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.
 

Looking to invest in Kinross Gold Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

K.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $8901.84MM

PE Ratio: 15.761

Price: 54.15 (Updated: 3/12/2024 0:47:16)



Kinross Gold Corporation (K) vs Competitors in Gold

Lets see how K.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Kinross Gold Corporation (K) vs Barrick Gold Corporation (ABX)
    • ABX has higher EPS (0.97 vs 0.46). ABX has higher dividend yield (2.6% vs 2.2%). ABX has a higher P/E ratio (21.948 vs 15.761) indicating it’s more expensive.
  • Kinross Gold Corporation (K) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 0.46). AEM has higher dividend yield (2.9% vs 2.2%). K has a higher P/E ratio (15.761 vs 14.049) indicating it’s more expensive.
  • Kinross Gold Corporation (K) vs Alamos Gold Inc (AGI)
    • AGI has higher EPS (0.71 vs 0.46). K has higher dividend yield (2.2% vs 0.8%). AGI has a higher P/E ratio (25.408 vs 15.761) indicating it’s more expensive.
  • Kinross Gold Corporation (K) vs Galiano Gold Inc (AKG)
    • K has higher EPS (0.46 vs -0.003). K has higher dividend yield (2.2% vs 0.0%). AKG has a P/E under 0, indicating K (P/E 15.761) is in a better position.
  • Kinross Gold Corporation (K) vs Alio Gold Inc (ALO)
    • K has higher EPS (0.46 vs -0.274). K has higher dividend yield (2.2% vs 0.0%). ALO has a P/E under 0, indicating K (P/E 15.761) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (15.76) than the industry average (60.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (6.50) than the industry average (15.44), indicating attractive valuation.
 

How to Buy K stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment