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Kinross Gold Corporation

KGC NYSE Categories PDF
Basic Materials · Gold
Toronto, ON M5J 2V5, Canada IPO 1981 kinross.com Updated Jun 27, 4:35am
Price
$24.25
Market Cap
$29.0B
Employees
8,447
Beta
1.35
Avg Volume
8,490,887
CEO
J. Paul Rollinson
Business Description

Kinross Gold Corporation, along with its various affiliates, is dedicated to acquiring, exploring, and developing gold deposits primarily across regions such as the United States, Russia, Brazil, Chile, Ghana, and Mauritania. Beyond these core operations, the company also handles the mining and processing of gold-bearing ores, conducts rehabilitation of former gold mining sites, and produces and sells silver. Kinross Gold Corporation was established in 1993 and maintains its corporate headquarters in Toronto, Canada.

Business History
Price Overview
Last updated: Jun 27, 2026 10:05am (just now)
$24.25
+0.21 (+0.85%)
Day Range
$24.16 – $24.85
52-Week Range
$14.71 – $39.11
50-Day MA
$29.14
200-Day MA
$28.93
Volume
0.00
Analyst Price Targets
Low $37.00
Consensus $45.33
High $54.00
(26 analysts)
Share Structure
Outstanding 1,194,109,463.00
Float 1,187,460,804.00
Free Float 99.4%
High free float — 99.4% of shares trade freely, ~0.6% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Jun 27, 2026 4:35am (5h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 6:56pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
10.17
Stock Price: $24.25
EPS (Diluted): 1.99
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
4.01
Stock Price: $24.25
Total Equity: $8.56B
Shares: 1,224,607,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
5.32
Market Cap: $28.95B
Total Debt: $757.12M
Cash: $1.75B
EBITDA: $4.51B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$33.4B
Market Cap: $28.95B
Total Debt: $757.12M
Cash: $1.75B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
47.5%
Gross Profit: $3.40B
Revenue: $7.17B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
43.2%
Operating Income: $3.10B
Revenue: $7.17B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
33.9%
Net Income: $2.43B
Revenue: $7.17B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
34.5%
Net Income: $2.43B
Total Equity: $8.56B
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
24.3%
Operating Income: $3.10B
Tax Rate: 22.7%
Equity: $8.56B
Total Debt: $757.12M
Cash: $1.75B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
2.35
Current Assets: $3.28B
Current Liabilities: $1.40B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.09
Short-Term Debt: $0.00
Long-Term Debt: $757.12M
Total Debt: $757.12M
Total Equity: $8.56B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$5.86
Revenue: $7.17B
Shares: 1,224,607,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$6.99
Total Equity: $8.56B
Shares: 1,224,607,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$2.10
Operating CF: $3.78B
CapEx: -$1.22B
Shares: 1,224,607,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.5%
Last Dividend: N/A
Stock Price: $24.25
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $2.43B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares KGC against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:56pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $2.6B $3.5B $4.2B $5.1B $7.2B
Cost of Revenue $2.1B $2.9B $3.1B $3.3B $3.8B
Gross Profit $541.1M $515.4M $1.2B $1.9B $3.4B
Operating Expenses $469.0M $397.7M $358.2M $338.0M $305.7M
Operating Income $72.1M $117.7M $801.4M $1.5B $3.1B
Net Income $221.2M -$605.2M $416.3M $948.8M $2.4B
EBITDA $851.6M $958.9M $1.8B $2.7B $4.5B
EPS $0.17 $-0.47 $0.34 $0.77 $1.99
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:56pm (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $542.2M $428.0M $360.3M $621.3M $1.8B
Total Current Assets $1.9B $1.7B $1.7B $2.0B $3.3B
Total Assets $10.4B $10.4B $10.5B $10.9B $12.4B
Current Liabilities $740.4M $751.2M $682.0M $1.1B $1.4B
Long-Term Debt $1.6B $2.6B $2.2B $1.2B $757.1M
Total Liabilities $3.8B $4.5B $4.3B $3.9B $3.7B
Total Equity $6.6B $5.8B $6.1B $6.9B $8.6B
Retained Earnings -$8.5B -$9.2B -$8.9B -$8.2B -$5.9B
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:56pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $1.1B $1.1B $1.6B $2.4B $3.8B
Capital Expenditure -$821.7M -$764.2M -$1.1B -$1.1B -$1.2B
Free Cash Flow $313.5M $285.9M $507.0M $1.4B $2.6B
Acquisitions (net) $0 -$1.0B $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks -$100.2M -$300.8M $0 $0 -$610.8M
Net Change in Cash -$679.4M -$113.4M -$65.7M $259.1M $1.1B
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 4:35am (5h ago)
Metric 2027 2028 2029 2030
Revenue $9.9B
$8.0B – $10.9B
$9.5B
$8.2B – $11.1B
$7.3B
$6.3B – $8.6B
$6.7B
$5.7B – $7.8B
EBITDA $4.3B
$3.5B – $4.7B
$4.1B
$3.5B – $4.8B
$3.2B
$2.7B – $3.7B
$2.9B
$2.5B – $3.4B
Net Income $4.0B
$3.0B – $4.8B
$3.9B
$3.2B – $4.8B
$3.3B
$2.7B – $4.0B
$3.8B
$3.1B – $4.7B
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:56pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth +32.9% +22.7% +21.4% +39.3%
Gross Profit Growth -4.7% +125.0% +62.0% +81.2%
Operating Income Growth +63.2% +580.9% +92.2% +101.2%
Net Income Growth -373.6% +168.8% +127.9% +156.3%
EBITDA Growth +12.6% +84.0% +51.9% +68.3%
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:56pm (5d ago)
Date Dividend Declaration Record Payment
2026-05-21 $0.04 2026-04-29 2026-05-21 2026-06-04
2026-03-11 $0.04 2026-02-18 2026-03-11 2026-03-26
2025-11-26 $0.04 2025-11-04 2025-11-26 2025-12-10
2025-08-21 $0.03 2025-07-30 2025-08-21 2025-09-04
2025-05-29 $0.03 2025-05-06 2025-05-29 2025-06-12
2025-03-05 $0.03 2025-02-12 2025-03-05 2025-03-20
2024-11-27 $0.03 2024-11-05 2024-11-28 2024-12-12
2024-08-22 $0.03 2024-07-31 2024-08-22 2024-09-06
2024-05-30 $0.03 2024-05-07 2024-05-30 2024-06-13
2024-03-05 $0.03 2024-02-14 2024-03-06 2024-03-21
2023-11-29 $0.03 2023-11-08 2023-11-30 2023-12-14
2023-08-23 $0.03 2023-08-02 2023-08-24 2023-09-08
2023-05-31 $0.03 2023-05-09 2023-06-01 2023-06-15
2023-03-07 $0.03 2023-02-15 2023-03-08 2023-03-23
2022-11-30 $0.03 2022-11-09 2022-12-01 2022-12-15
2022-08-17 $0.03 2022-07-27 2022-08-18 2022-09-01
2022-06-01 $0.03 2022-05-10 2022-06-02 2022-06-16
2022-03-08 $0.03 2022-02-16 2022-03-09 2022-03-24
2021-11-30 $0.03 2021-11-10 2021-12-01 2021-12-15
2021-08-18 $0.03 2021-07-28 2021-08-19 2021-09-02
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for KGC — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30