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Gold Report

Kinross Gold Corporation

Jun 23, 2022

K
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price ()

Kinross Gold Corporation (TSX: K) is a Canada-based leading gold producer and operates through mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.

   Q1FY22 Income Statement Highlights (Source: Company Report)

Key Metrics: The company posted a 5-year CAGR of 3.1% and 12.5%, respectively for Revenue and Gross Profit. Other than that, from FY 2020, it is improving its current ratio on a sequential basis, which is a key positive.

Top-10 Shareholders 

The top 10 shareholders have been highlighted in the Pie chart below, which forms around 30.06% of the total shareholding. Van Eck Associates Corporation and Ruffer LLP. hold the company's maximum interests at 6.59% and 5.92%, respectively.

*% Premium/(Discount) is based on our assessment of the company’s NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.

One-Year Technical Price Chart (as on June 22, 2022). Analysis by Kalkine Group

Note: The reference data in this report has been partly sourced from REFINITIV


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