
Here's Why Kinross Gold (KGC) is a Strong Value Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Kinross Gold (KGC)
Based in Ontario, Canada, Kinross Gold Corporation is involved in the exploration and operation of gold mines. It ranks among the top 10 gold mining companies in the world, with a 2024 production of around 2.17 million gold equivalent ounces. The company's operations are primarily located in the Americas (roughly 71% of 2024 production). It holds major assets in Canada and the United States. It is mainly involved in the exploration and operation of gold mines. Kinross also produces and sells silver.
KGC sits at a Zacks Rank #1 (Strong Buy), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Mining - Gold industry's P/E of 12.6X, shares of Kinross Gold are trading at a forward P/E of 13.3X. KGC also has a PEG Ratio of 0.6, a Price/Cash Flow ratio of 9X, and a Price/Sales ratio of 3.2X.
Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Seven analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.32 to $1.09 per share. KGC has an average earnings surprise of 16.1%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding KGC to their portfolios.
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Kinross Gold Corporation (KGC) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).