What is Kinross Gold Corp.’s (NYSE:KGC) current market value? Can you beat the fundamentals?

The price of Kinross Gold Corp. (NYSE:KGC) shares last traded on Wall Street fell -0.58% to $5.15.

Based on available information, 17 analysts follow Kinross Gold Corp. (NYSE:KGC). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $8.00 and a low of $4.50, we find $6.50. Given the previous closing price of $5.18, this indicates a potential upside of 25.48 percent. KGC stock price is now 2.54% away from the 50-day moving average and 7.80% away from the 200-day moving average. The market capitalization of the company currently stands at $6.32B.

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Among analysts, 6 rate the stock a hold while 10 rate it a buy. Brokers who have rated the stock have averaged $6.34 as their price target over the next twelve months.

A total of 0.97% of the company’s stock is owned by insiders.

A candlestick chart of Kinross Gold Corp. (NYSE: KGC) showed a price of $5.16 on Monday morning. During the past 12 months, Kinross Gold Corp. has had a low of $3.40 and a high of $5.60. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 2.54, and a quick ratio of 0.89. The fifty day moving average price for KGC is $5.02 and a two-hundred day moving average price translates $4.78 for the stock.

The latest earnings results from Kinross Gold Corp. (NYSE: KGC) was released for Sep, 2023. According to the Gold Company, earnings per share came in at $0.12, beating analysts’ expectations of $0.1 by 0.02. This compares to $0.05 EPS in the same period last year. The net profit margin was 5.83% and return on equity was 4.00% for KGC. The company reported revenue of $1.1 billion for the quarter, compared to $856.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.71 percent. For the current quarter, analysts expect KGC to generate $996.92M in revenue.

Kinross Gold Corp.(KGC) Company Profile

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.

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