Kinross Gold: Back In The Buy Zone [Seeking Alpha]
Kinross Gold Corporation (KGC)
Last kinross gold corporation earnings: 2/12 05:00 pm
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US:NYSE Investor Relations:
kinross.com/news-and-investors/default.aspx
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Source: Seeking Alpha
SummaryKinross Gold shares have sold off after a massive V-shaped rally from March to June.Kinross recently reported strong first quarter financial results, with strong profits. Its operations were not impacted by COVID-19.I provide an update on Kinross Gold, including its earnings, balance sheet, valuation and technical analysis, and give my recommendation.This is an update on Kinross Gold (KGCMy previous coverage came back in October of 2019, when Iexpressed bullishness on the stock$150 million$1.7 billionIn that coverage, I stated: "I think we may see Kinross' large valuation gap close a bit, resulting in an outperformance of its peers going forward." Kinross shares were trading at low multiples of 5X price/cash flow and 5.5X EV/EBITDA.Since that coverage, Kinross' stock is up by 32.21%, compared to a 14.97% gain in the price of gold (GLDGDXKinross has been a strong performer since then and has outperformed peers, but I think further gains could be in store for investors. Its Q1 20
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High impacting Kinross Gold Corporation news events
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KGC
News
- Kinross Gold Co. (NYSE: KGC) had its "outperform overweight" rating re-affirmed by analysts at National Bank Financial.MarketBeat
- Gold Really Is In A 'Goldilocks' Zone [Seeking Alpha]Seeking Alpha
- Kinross Gold Corporation's (TSE:K) large institutional owners must be happy as stock continues to impress, up 3.2% over the past week [Yahoo! Finance]Yahoo! Finance
- Kinross to announce Q1 results on May 7, 2024 [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Kinross to announce Q1 results on May 7, 2024GlobeNewswire
KGC
Earnings
- 2/14/24 - Beat
KGC
Sec Filings
- 4/4/24 - Form EFFECT
- 4/2/24 - Form 6-K
- 4/2/24 - Form 6-K
- KGC's page on the SEC website