Kinross Gold Corporation
Kinross Gold Corporation is a gold mining company focused on the acquisition, exploration, development, and production of gold properties. The company operates a portfolio of mines and projects across the United States, Brazil, Chile, Canada, and Mauritania, with activities centered on extracting and processing gold-bearing ore and recovering silver as a by-product at some operations. Kinross Gold Corporation also manages reclamation work at former mining sites and runs its business through segments including Tasiast, Paracatu, La Coipa, Fort Knox, Round Mountain, Bald Mountain, and Corporate & Other. Based in Toronto, Canada, the company serves the global precious-metals market by supplying gold for jewelry, investment, and industrial uses, while maintaining a broad operating footprint in key mining jurisdictions.
$23.82
+$0.18 (+0.76%)
EOD Oct 21, 2026
Margins and capital returns are both well above average: 45.78% operating margin, ROIC at 27.94%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 36.9% YoY with margins expanding 16.7pp.
Even for strong businesses, today's 9x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
9.0x earnings, 9.2x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$8.47B
▲ +36.9% YoY
Net Income (TTM)
$3.23B
▲ +148.5% YoY
Op. Margin
52.05%
▲ +16.7pp YoY
ROIC
27.94%
▲ +16.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$3.08B
▲ +87.2% YoY
Op. Cash Flow (TTM)
$4.46B
▲ +57.5% YoY
Net Debt
-$1.00B
Net Cash Position
Cash & Equiv.
$1.74B
3Y CAGR: +26.8%
3Y CAGR: +107.8%
Continue Research
Is Kinross Gold (KGC) overvalued?
At a P/E of 9.0 and a price-to-free-cash-flow of 9.2, Kinross Gold (KGC) trades below a two-stage DCF intrinsic value of about $131.11 per share, so at $23.82 the stock looks undervalued (450.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Kinross Gold scores 100/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.5%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Kinross Gold's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $131.11 per share for KGC, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $98.33. At today's $23.82, that puts the stock about 450.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Kinross Gold a high-quality business?+
Kinross Gold scores 100 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 52.0% operating margin and a 27.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Kinross Gold (KGC) pay a dividend, and how much?+
Yes, Kinross Gold pays a regular dividend of about $0.11 per share per year (typically in quarterly installments), a yield of roughly 0.5% at the current price. That is a payout ratio of about 4.1% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For KGC's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Kinross Gold a good stock to buy right now?+
That depends on valuation and quality together, not either alone. KGC currently trades below its estimated intrinsic value and scores 100/100 on quality (high-quality). It also yields about 0.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Gold
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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