Kinross Gold Corporation is a Canadian-based gold mining company with mines and projects in the United States, Brazil, Chile, Ghana, Mauritania, and Russia. The company was founded in 1972 and is based in Toronto, Canada.
KGC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Kinross Gold Corp. To summarize, we found that Kinross Gold Corp ranked in the 12th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 88.33%. As for the metrics that stood out in our discounted cash flow analysis of Kinross Gold Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5 years, is -0.1% -- higher than merely 14.74% of stocks in our DCF forecasting set.
KGC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 29.06% of tickers in our DCF set.
Relative to other stocks in its sector (Basic Materials), Kinross Gold Corp has a reliance on debt greater than only 23.69% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DD, TORM, HNRG, CX, and GCP can be thought of as valuation peers to KGC, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.
HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB: CTGO), is pleased to announce that it has executed agreements for a series of transactions (collectively, the “Transactions”) that reposition the Company as a well-capitalized US gold developer and explorer, including the important addition of the U.S. subsidiary of Kinross Gold Corporation (“Kinross”), a Tier 1 mine operator, as its venture partner in Peak Gold, LLC (the “Joint Venture Company”) as manager and opera
The last time I wrote about Kinross Gold (KGC), the company managed to avoid any serious coronavirus-related disruptions and looked attractively valued on a forward P/E basis. Kinross Gold has recently provided updated guidance and announced its plan to pay a quarterly dividend of $0.03 per share so it’s high...
Vladimir Zernov on Seeking Alpha | September 21, 2020